Renter Insurance

Ok Gang!
Who has the best rates for renter's insurance? I need 25,000 hull
liability, and pretty much basic injury and such. And a second question, do
any aircraft insurance companies allow payments like car insurance companies
do? Avemco's rate is $390/year, which is not bad, but they want it all up
front...which means I could not use the insurance because I couldn't afford
to fly for a few months! Kinda defeats the purpose doesn't it!!?

Patrick
student SPL
aircraft structural mech


--
Patrick Dixon
student SPL
aircraft structural mech

You really dont need the renters insurance. The most you would probably have
to pay is 1000.00 if you smashed it up.
Unless the renters are requiring it.
"W P Dixon" wrote in message
...
Ok Gang!
Who has the best rates for renter's insurance? I need 25,000 hull
liability, and pretty much basic injury and such. And a second question,
do any aircraft insurance companies allow payments like car insurance
companies do? Avemco's rate is $390/year, which is not bad, but they want
it all up front...which means I could not use the insurance because I
couldn't afford to fly for a few months! Kinda defeats the purpose
doesn't it!!?

Patrick
student SPL
aircraft structural mech


--
Patrick Dixon
student SPL
aircraft structural mech

Yep the renter requires it for solo.

Patrick

"Aluckyguess" wrote in message
...
You really dont need the renters insurance. The most you would probably
have to pay is 1000.00 if you smashed it up.
Unless the renters are requiring it.

Aluckyguess,

You really dont need the renters insurance. The most you would probably have
to pay is 1000.00 if you smashed it up.


Could you elaborate how you arrive at that conclusion? Two aspects would be of
interest:

1. How do you put the term "subrogation" in context with your statement?
2. How do you arrive at the number 1000 $, if I can quote you rental agreements
with deductables of 2500 and more left and right?

Thanks!

--
Thomas Borchert (EDDH)

They're about the same, for the same coverage, so I stick with my
current insurer since I get a 10 percent discount if I pay when
invoiced instead of waiting till the effective date. I pay about $600
for $40K hull insurance and $1 million liability, the most I can get.

On Tue, 12 Jul 2005 16:02:00 -0400, "W P Dixon"
wrote:

Ok Gang!
Who has the best rates for renter's insurance? I need 25,000 hull
liability, and pretty much basic injury and such. And a second question, do
any aircraft insurance companies allow payments like car insurance companies
do? Avemco's rate is $390/year, which is not bad, but they want it all up
front...which means I could not use the insurance because I couldn't afford
to fly for a few months! Kinda defeats the purpose doesn't it!!?

Patrick
student SPL
aircraft structural mech


-- all the best, Dan Ford

email (put Cubdriver in subject line)

Warbird's Forum: www.warbirdforum.com
Piper Cub Forum: www.pipercubforum.com
the blog: www.danford.net
In Search of Lost Time: www.readingproust.com

On Tue, 12 Jul 2005 17:31:20 -0700, "Aluckyguess"
wrote:

You really dont need the renters insurance. The most you would probably have
to pay is 1000.00 if you smashed it up.

Dream on!

When I was in training, I had a prop strike while learning to make
wheelies in the Cub. The instructor's insurance company thought he was
on the hook for just the $2,000 deductible, but no, that's not how it
works. You're responsible for all the damage you do (or in the case,
that your student does), and the FBO's insurance company will shake
you until your pockets are empty.

He paid (his insurance company paid) for a new prop and an engine
tear-down.



-- all the best, Dan Ford

email (put Cubdriver in subject line)

Warbird's Forum: www.warbirdforum.com
Piper Cub Forum: www.pipercubforum.com
the blog: www.danford.net
In Search of Lost Time: www.readingproust.com

Hate to burst your bubble .. but if you bust an airplane due to negligence
the insurance company will be expecting you to reimburse them for any
claims they paid on it. (Subrogration)


"Aluckyguess" wrote in message
...
You really dont need the renters insurance. The most you would probably
have to pay is 1000.00 if you smashed it up.
Unless the renters are requiring it.
"W P Dixon" wrote in message
...
Ok Gang!
Who has the best rates for renter's insurance? I need 25,000 hull
liability, and pretty much basic injury and such. And a second question,
do any aircraft insurance companies allow payments like car insurance
companies do? Avemco's rate is $390/year, which is not bad, but they want
it all up front...which means I could not use the insurance because I
couldn't afford to fly for a few months! Kinda defeats the purpose
doesn't it!!?

Patrick
student SPL
aircraft structural mech


--
Patrick Dixon
student SPL
aircraft structural mech

"OtisWinslow" wrote:
Hate to burst your bubble .. but if you bust an airplane due to
negligence
the insurance company will be expecting you to reimburse them for
any
claims they paid on it. (Subrogration)


Has that ever happened in the case where an uninsured renter pilot
with no money (orig poster) will be sued? Why would they incur legal
fees to do that? It also seems stupid from a business standpoint to
spread bad "word of mouth," by hassling a pilot who'll tell other
pilots/owners which insurance company to avoid like a plague.

Fred F.

"TaxSrv" wrote in message

Has that ever happened in the case where an uninsured renter pilot
with no money (orig poster) will be sued?

Being low on cash is not the same as having zero assets or zero net worth
and no anticipated future cashflow source.

It is hard to imagine someone with no cash, no net worth, no assets, no job,
and no future career plans taking flying lessons.

--------------------
Richard Kaplan

www.flyimc.com

IMAGINE Richard IMAGINE!

Patrick
student SPL
aircraft structural mech

"Richard Kaplan" wrote in message
news:1121267987.c1a2540e23fcd39a48afa82ed612d447@t eranews...


"TaxSrv" wrote in message

Has that ever happened in the case where an uninsured renter pilot
with no money (orig poster) will be sued?

Being low on cash is not the same as having zero assets or zero net worth
and no anticipated future cashflow source.

It is hard to imagine someone with no cash, no net worth, no assets, no
job, and no future career plans taking flying lessons.

--------------------
Richard Kaplan

www.flyimc.com