I Want My Own Bird

One thing they know is that the higher the covered amount, the more likely a
lawyer will take a case for a percentage and pursue it vigourously.

This is why the states have started requiring malpractice insurance. The
insurers and the plaintifs attourneys watched in horror as all the doctors
started to go without insurance. This kept the insurance companies from
making money, and made it risky for the lawyers to take cases when they may
never collect.

If you want to be a really responsible person, then go for the high amounts,
but if you want to avoid a suit, by as little as you need to protect your
assets.



"Howard Nelson" wrote in message
. ..

"Doug" wrote in message
m...
It is hard to compare insurance premiums. For instance, what is HIS
liability limits compared to yours. You don't know, they could be
high. What is your deductible? (Mine aircraft is $10k). I just won
the hail lottery (house insurance) on my roof, and was comparing
insurance rates with neighbors. I have a high deductible and higher
liability (insure for what you can't afford to loose). Next door
neighbor has lower permiums, but minimum deductible and LOW liability.
She thinks she's getting a better deal just because "her premiums are
lower".

Anyway, cursory insurance comparisons aren't very accurate unless the
policies have identical terms and they almost never do.

Yes, Liability coverage plays a big part. Insurance on my C182 is well
above
2K for clean record/IFR/1000hrs. I could get it around $700 for same hull
coverage with minimum liability. Personally I would like to be able to buy
more liability insurance but max seems to be about 2m smooth. Insurers
must
know something.

Howard


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