Black Boxes for GA Aircraft...Good or Bad?

On 27 Oct 2006 08:08:48 -0700, "Greengears"
wrote:

Got this article in an AOPA email about black boxes being installed in
the Cirrus SR20 and SR22. Do you think that all flight schools should
have these type of black boxes installed in their aircrafts?


... It
could save up to $1,000 a year in owner insurance, a company official
estimated. ...

Savings of up to $1,000/yr in insurance? Holy cow! How much does it
cost to insure one of those things otherwise?

Does that mean that if I put one on my Warrior that I could insure for
free?

RK Henry

Does that mean that if I put one on my Warrior that I could insure for
free?

"Save up to $1000, or more!"

Jose
--
"Never trust anything that can think for itself, if you can't see where
it keeps its brain." (chapter 10 of book 3 - Harry Potter).
for Email, make the obvious change in the address.

"RK Henry" wrote in message
...
On 27 Oct 2006 08:08:48 -0700, "Greengears"
wrote:

Got this article in an AOPA email about black boxes being installed in
the Cirrus SR20 and SR22. Do you think that all flight schools should
have these type of black boxes installed in their aircrafts?


... It
could save up to $1,000 a year in owner insurance, a company official
estimated. ...

Savings of up to $1,000/yr in insurance? Holy cow! How much does it
cost to insure one of those things otherwise?


$15K/year or thereabouts.

Does that mean that if I put one on my Warrior that I could insure for
free?

You could ask your agent...but don't get your hopes up.:)


RK Henry

John Severyn
@KLVK

On Fri, 27 Oct 2006 19:28:41 +0000, RK Henry wrote:

Savings of up to $1,000/yr in insurance?

Why? What use has the insurance company for this information, and how
does it reduce your risk enough to make that type of difference?

Either the companies want some data and are willing to pay for it, or this
is a tool to disallow coverage (or whatever the phrase is) given
information the insurance company would otherwise lack.

I'd not begrudge the companies accident data (esp. if they share with the
likes of ASF), but I'd not even consider installing such a thing w/o
written agreement that nothing in that box can be used to render insurance
void (or whatever the phrase is).

- Andrew

"RK Henry" wrote in message
...
On 27 Oct 2006 08:08:48 -0700, "Greengears"
wrote:

Got this article in an AOPA email about black boxes being installed in
the Cirrus SR20 and SR22. Do you think that all flight schools should
have these type of black boxes installed in their aircrafts?


... It
could save up to $1,000 a year in owner insurance, a company official
estimated. ...

Savings of up to $1,000/yr in insurance? Holy cow! How much does it
cost to insure one of those things otherwise?

Does that mean that if I put one on my Warrior that I could insure for
free?

RK Henry

If the insurance company thinks there enough value there for them to give
you a $1k/year discount for installing a $5k box it would seem they would be
better off just paying for the box and keeping their $1k per year. Then they
start really making money after 5 years.

On Mon, 30 Oct 2006 10:51:24 -0600, "Gig 601XL Builder"
wrDOTgiaconaATcox.net wrote:


"RK Henry" wrote in message
.. .
On 27 Oct 2006 08:08:48 -0700, "Greengears"
wrote:

Got this article in an AOPA email about black boxes being installed in
the Cirrus SR20 and SR22. Do you think that all flight schools should
have these type of black boxes installed in their aircrafts?


... It
could save up to $1,000 a year in owner insurance, a company official
estimated. ...

Savings of up to $1,000/yr in insurance? Holy cow! How much does it
cost to insure one of those things otherwise?

Does that mean that if I put one on my Warrior that I could insure for
free?

RK Henry

If the insurance company thinks there enough value there for them to give
you a $1k/year discount for installing a $5k box it would seem they would be
better off just paying for the box and keeping their $1k per year. Then they
start really making money after 5 years.

My main point was that I don't pay as much as $1,000/yr now. A $1,000
discount would have them paying me. Could that $5k box really be that
valuable?

RK Henry