Glider insurance

On Jun 21, 9:29*am, " David Ecentral news"
wrote:
Maybe I am in error, and if so I apologize, but I cannot help but think the
good ol' insurance companies may be trying their usual rip-offs. As a renter
I am asked to have $20,000 hull insurance on an FBO G-103 so I can take the
occasional friend up into the aerospace - no problems - seems fair to the
FBO.

As a practical matter I am *not even in the USA for six months/year. So what
I want is a six-month policy for a single sailplane only. Seems there are
two companies that do this but:

* * Supposedly I must be insured for SEL as well as gliders. Maybe I am
mistaken, but it seems to me that the risk and loss numbers for powered A/C
must be much higher than for a glider. Why should I pay to be insured for
SEL night instrument weather risks instead of "round the flagpole" soaring?
Thus, if correct (and I admit I may be way off base here) I may be
subsidizing SEL pilots via my artificially high-cost soaring policy. But
maybe not so - any comments here - anyone know (independent of what an INSCO
might tell you) what real accident/payout statistics show on SEL vs. glider?

* * I note on the SSA website that apparently soaring insurance is very hard
to get. WHY? Are our claims experiences so awful?

Neptune

I think it's more that we're such a small and insignificant market
that few insurers find it worth their while to bother with us.

Liam wrote:
On Jun 21, 9:29 am, " David Ecentral news"
wrote:
Maybe I am in error, and if so I apologize, but I cannot help but think the
good ol' insurance companies may be trying their usual rip-offs. As a renter
I am asked to have $20,000 hull insurance on an FBO G-103 so I can take the
occasional friend up into the aerospace - no problems - seems fair to the
FBO.


Perhaps you do not understand the policy (or perhaps I don't :-) ). The
typical renter policy protects you from subrogation. The glider is
insured by the FBO and in case of accident, the company will pay the FBO
and then the insurer will come after *you* to recover its costs. THAT is
what you are being protected from.

Tony