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  #500  
Old April 27th 05, 12:03 AM
Paul Sengupta
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"George Patterson" wrote in message
news:dcG9e.13130$Fm5.9947@trndny09...
Dave Stadt wrote:

If you believe GA is in good shape in France and other parts of the EU

go to
the AOPA WEB site and read about the new liability insurance

requirements
the EU has placed on GA aircraft. $119 million in liability insurance
required for a 182. Doesn't sound healthy to me.


Read through the actual PDF document. For a private operator, they require

a
minimum of 100,000 SDRs/passenger and 1,000 SDRs for luggage. For coverage

of
non-passengers, you need 3 million SDRs for a 182. The current exchange

rate is
1.51746 dollars to one SDR. While the rate is still crazy, no way can I

make it
add up to $119 million. Seems to me that's a policy for $4,552,380 with
sublimits of $151,746 per seat, plus a luggage allowance.

In any case, what's important is the amount of the premium, not the

coverage
amount. Liability cases are not settled by juries in Europe, nor are the

awards
very high (by American standards). I'd bet the premiums are far lower as

well.

Stefan? Wolfgang? Martin? Dylan? What's insurance like over there?


My Bulldog, 200hp 2 seats, nosewheel, aerobatic and formation included,
£32,000 hull, £3m liability, £7.5m liability for government (RAF and
RNAS) aerodromes this year is £1366. 15% discount next year if I
don't make a claim.

Paul