Contest Insurance Grumblings

At 20:53 03 April 2012, noel.wade wrote:
OK, just had to post: Is anyone else here really annoyed at the SSA's
insurance requirement "changes" for this year?

But setting up a de-facto monopoly just rubs me the wrong
way... Annoyed that I'm being forced to change carriers,

--Noel



Im with Noel, I am even more ****ed that they (SSA) didn't give any notice
(should have been at least a year) for those of us who already renewed
before there notice. I have had excellent coverage with avemco but my
policy doesn't end until July.

And it sure smacks of a monopoly move on the sailplane market.

Prompted by the Hobbs midair, before renewing last year and after talking
last summer with Avemco the argument against larger limits is well fought
by them. Essentially they will fight to not pay out more and have some
(according to the agent I talked to) litigation going on for several years
and several million dollars in attorneys fees to not pay to the gold
diggers looking for a deep pocket. Also according to the agent, they have
NEVER paid out more than the 100,000 to an individual and don't intend to
start now!

CH (no contests in my future till they come to their senses or I come to
mine or at least until I renew