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Renter Insurance



 
 
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  #11  
Old July 13th 05, 06:52 PM
TaxSrv
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"Richard Kaplan" wrote:
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.


Agree there, but if someone does $5,000 damage to an airframe, that
amount won't go far at all to pursue it to see if collection is even
practically possible, much less establish the facts of the case. Can
you answer my question about the ins co's business sense, for a mere
$5K minus costs, spreading such ill will in the pilot community over
the matter?

Fred F.

 




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