Renter Insurance

this isn't necessary. Even there, have you ever heard of an auto
insurance company going after an uninsured motorist for the insured's
vehicle damage with litigation? Keep it real.

Considering all the frivilous lawsuits we have in this country, it is
disappointing they will not go after these. Those would indeed by justified
lawsuits.

On Wed, 13 Jul 2005 17:53:54 -0700, "Aluckyguess"
wrote:

I believe you could of got out of paying any money with a good lawyer. I
could be wrong, but I dont think so.

First, I didn't pay anything, nor did the instructor. His insurance
company did.

Second, have you priced a good lawyer lately? Insurance is cheaper!


-- 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 Wed, 13 Jul 2005 18:15:44 GMT, George Patterson
wrote:

Not necessarily. I grew up in a house that my father bought in a forced sale due
to bankruptc

Personal bankiruptcy became a whole lot easier in recent years. Some
of that ease was recently taken back. Dunno what the bottom line is:
probably it's more favorable to the would-be bankrupt than when your
dad bought the house, but less favorable than a year ago.

Individuals go through a different bankruptcy "chapter" than
businesses do. Used to be Chapter 7, probably still is.


-- 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

And never forget that in a bankruptcy case, the lawyer wants his fee
*before* you become bankrupt



-- 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 Wed, 13 Jul 2005 17:48:00 GMT, "Mortimer Schnerd, RN"
wrote:

I resent your implication that this is in some way dishonorable.

Then I'll make it a flat statement: you are lacking in integrity if
you knowingly go uninsured and are unable to pay any potential bill
for damages.



-- 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 Wed, 13 Jul 2005 17:45:46 -0400, gregg wrote:

Did you go with the company that the Hampton people recommended?

They didn't recommend one, that I know of. I use AIG. I checked their
quote against AOPA (possibly they use AIG also?) and it was identical,
except that by renewing my current policy I saved 10 percent, so I
stayed with the same broker (in Maine).


-- 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

That is waaaaayyyy to blanket of a statement. Buying insurance is
just like any other financial decision. You must weight the risk vs.
the reward. There is no way possible to assign all your risk to
insurance companies so you must decide how much you are willing to pay
to reduce your exposure. It greatly depends on the assests you are
trying to protect and your level of comfort.

-Robert

"Robert M. Gary" wrote in message

to reduce your exposure. It greatly depends on the assests you are
trying to protect and your level of comfort.

That is certainly true when it comes to hull insurance since the level of
damage is somewhat objective or at least has realistic upper end. I think
there are very few circumstances though where it makes sense to fly without
liability insurance even if you have huge deep pockets. If a policy exists,
there is a very good chance a settlement can be negotiated for policy
limits. If there is no policy, then the settlement amount becomes an
arbitrary number and can easily exceed typical insurance policy limits --
once they have to go after your personal assets, there is no reason for them
to be restrained.

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

www.flyimc.com

I stand by my statement. I will NEVER fly without insurance coverage.
**For me and my family** there is too much at risk that I can't justify
a few hundred dollars a year for.

I'm dealing with some auto insurance claims now that I'm glad I have the
higher policy limits for because some of the other people involved are
not settling with my insurance and thus are filing a lawsuit for an
amount that is well more than I make in 1 year. I don't pretend to know
a lot about the insurance, but I do know that I will purchase the most
coverage I can afford that is appropriate to my situation.

Chris


Robert M. Gary wrote:
That is waaaaayyyy to blanket of a statement. Buying insurance is
just like any other financial decision. You must weight the risk vs.
the reward. There is no way possible to assign all your risk to
insurance companies so you must decide how much you are willing to pay
to reduce your exposure. It greatly depends on the assests you are
trying to protect and your level of comfort.

-Robert

Well like I said, I have to have the renters insurance..not something I
would consider under different circumstances due to the fact that my flight
school here has insurance that covers all but $1000 deductible. But the
place where I am doing the taildragger thing requires the renters insurance
for solo and aircraft rental.
Been alot of discussion on insurance but no answers to my questions? I
did find a place that financed the premiums. Avemco was the cheapest but
they would not finance. So I have to pay alittle more and for alittle more
coverage...had to go with 40,000 hull instead of 25,000.
Anyway I will have it for my next flying trip! Myself I think insurance
is a rip off in general. I think back on the outrageous premiums paid for
auto insurance for all those years and WOW I could buy a very nice sports
car with all that money...since I have never filed a claim.
Then you have your medical insurance, which loves you while you are
young and healthy and then wants to cancel on you because you get old!!!!!
Homeowner's insurance that is supposed to cover your home,..but WAIT you
must have earthquake insurance and flood insurance extra!!!! Nothing but
price gouging, IMHO. If the insurance is just we pick and chose what we
cover, then is it really insurance,...or just flushing money down the big
huge toilet!!! Sometimes I wonder.

Patrick
student SPL
aircraft structural mech
"Robert M. Gary" wrote in message
ps.com...
That is waaaaayyyy to blanket of a statement. Buying insurance is
just like any other financial decision. You must weight the risk vs.
the reward. There is no way possible to assign all your risk to
insurance companies so you must decide how much you are willing to pay
to reduce your exposure. It greatly depends on the assests you are
trying to protect and your level of comfort.

-Robert