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I have just received a tie-down sublease agreement from an FBO where I
am planning to park my airplane. The agreement has the following provision: "The Tenant shall provide to Landlord Certificates of Insurance showing coverage and continued coverage by insurance for Liability and Workers Compensation with M.D. Aircraft Service Inc., designated as additional insured for the amount of $1,000,000.00." Is that type of coverage normal? I am really afraid this insurance will cost me an arm and a leg. Comments anyone? -- C.Dweller |
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