![]() |
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#11
|
|||
|
|||
![]() "Peter Duniho" wrote in message ... "Clyde Torres" wrote in message ... Well, then talk to roughly 90% of the owners out there and straighten them out. I don't own an airplane - yet, but I do know that the vast majority of owners out there only pay for liability insurance and risk the hull damage themselves How do you "know" that? It certainly doesn't match my experience as an owner, and as someone that knows many other owners. Even when the airplane is owned free and clear. Are you an insurance broker? Underwriter? Have you done a statistically significant owner survey? What is the basis for your claim that 90% of all owners carry no hull insurance? If so few people are carrying hull insurance, why is it that the rising hull insurance costs are causing such a huge problem in general aviation? Pete I am not an insurance broker, but I do know a lot of pilots/owners. The 90% is just a guess on my part, but I feel that it is close. The rising hull insurance costs are precisely the reason that a lot of owners do not have this insurance. You hit it right on the spot. Perhaps an underwriter can chime in and throw out some "statistically correct" figures. Clyde |
#12
|
|||
|
|||
![]()
"Clyde Torres" wrote in message
.. . [...] The 90% is just a guess on my part Are you generally in the habit of claiming to know something even when you're only guessing? It's my equally uninformed opinion that your guess of 90% isn't even close. In spite of rising insurance costs, hull insurance is still a very small fraction of the total hull value. Heck, even for my seaplane, I'm "only" paying 2.5% of the hull value annually and for lower-risk aircraft the percentage is much lower. Very few aircraft owners are so well off that they can afford to just write off the loss of an aircraft, and there is no way that 90% of all aircraft owners have decided to take that risk, especially when the savings is so tiny compared to the risk of loss. Pete |
#13
|
|||
|
|||
![]()
As a West Coast pilot, can anyone explain to me why people don't move their
aircraft out of the way of these storms? I'd call in sick and miss a day of work before I risked by 30K+ investment. "Gilan" wrote in message link.net... added 16 more photos today. -- Have a good day and stay out of the trees! See ya on Sport Aircraft group http://groups.yahoo.com/group/Sport_Aircraft/ |
#14
|
|||
|
|||
![]() "Robert Bates" wrote in message news:q29Wc.39218$Fg5.5147@attbi_s53... As a West Coast pilot, can anyone explain to me why people don't move their aircraft out of the way of these storms? I'd call in sick and miss a day of work before I risked by 30K+ investment. I also find this strange. As always, some were probably waiting on parts, out of license, or otherwise could not be moved. That said, I don't think that there is a certified aircraft made that lacks the range and speed to be flown out of the path of a hurricane given a few hours warning. I paid a visit to F45 (outside West Palm Beach) the morning of the storm and found only two planes still tied up outside. What is wrong with the Orlando guys? Perhaps they think they are immune because they are 50 miles from the coast? "Gilan" wrote in message link.net... added 16 more photos today. -- Have a good day and stay out of the trees! See ya on Sport Aircraft group http://groups.yahoo.com/group/Sport_Aircraft/ |
#15
|
|||
|
|||
![]()
just added another 40 pictures
-- Have a good day and stay out of the trees! See ya on Sport Aircraft group http://groups.yahoo.com/group/Sport_Aircraft/ -- You may be an Ultralighter if........ http://www.flyinggators.com/news/Bill%20Cook/Bill.htm |
#16
|
|||
|
|||
![]()
"Vaughn" wrote:
I don't think that there is a certified aircraft made that lacks the range and speed to be flown out of the path of a hurricane given a few hours warning. When you only have a few hours warning - which is all we had here in Orlando - I think it's natural to be more concerned with preparing your home and family than your airplane. Sadly, a lot of people moved their airplanes from the Tampa area, where the storm was forecasted to make landfall, to the Orlando area to get them out of the way. As it turned out, Tampa barely got rained on and we got hammered. The only sure way not to get hit by a hurricane in Florida is to not be in Florida. B |
#17
|
|||
|
|||
![]()
Excellent pics, thanks for posting them. I'm very sorry to see all those
aircraft ruined though. Gilan wrote: just added another 40 pictures |
#18
|
|||
|
|||
![]()
"Robert Bates" wrote
As a West Coast pilot, can anyone explain to me why people don't move their aircraft out of the way of these storms? I'd call in sick and miss a day of work before I risked by 30K+ investment. OK, I fly my 30K 1959 C-172 to safety, what happens to my 40K SUV and the 35K boat? The auto is a lot easier to relocate, more of a necessity after the storm and the insurance company is going to replace any loss anyway. Bob Moore |
#19
|
|||
|
|||
![]() "Peter Duniho" wrote in message ... "Clyde Torres" wrote in message .. . [...] The 90% is just a guess on my part Are you generally in the habit of claiming to know something even when you're only guessing? It's my equally uninformed opinion that your guess of 90% isn't even close. In spite of rising insurance costs, hull insurance is still a very small fraction of the total hull value. Heck, even for my seaplane, I'm "only" paying 2.5% of the hull value annually and for lower-risk aircraft the percentage is much lower. Very few aircraft owners are so well off that they can afford to just write off the loss of an aircraft, and there is no way that 90% of all aircraft owners have decided to take that risk, especially when the savings is so tiny compared to the risk of loss. Pete Okay. |
#20
|
|||
|
|||
![]()
Are there any 'lessons learned' out of all of this aircraft destruction?
Did any tie down methods seem to work better than others? Did more aircraft survive in hangars than on the ramp? And ultimately, it might be nice to know if some insurance companies provided better service than others. -- Regards, Mike http://mywebpage.netscape.com/amountainaero/fspic1.html "Clyde Torres" wrote in message .. . "Peter Duniho" wrote in message ... "Clyde Torres" wrote in message ... Well, then talk to roughly 90% of the owners out there and straighten them out. I don't own an airplane - yet, but I do know that the vast majority of owners out there only pay for liability insurance and risk the hull damage themselves How do you "know" that? It certainly doesn't match my experience as an owner, and as someone that knows many other owners. Even when the airplane is owned free and clear. Are you an insurance broker? Underwriter? Have you done a statistically significant owner survey? What is the basis for your claim that 90% of all owners carry no hull insurance? If so few people are carrying hull insurance, why is it that the rising hull insurance costs are causing such a huge problem in general aviation? Pete I am not an insurance broker, but I do know a lot of pilots/owners. The 90% is just a guess on my part, but I feel that it is close. The rising hull insurance costs are precisely the reason that a lot of owners do not have this insurance. You hit it right on the spot. Perhaps an underwriter can chime in and throw out some "statistically correct" figures. Clyde |
Thread Tools | |
Display Modes | |
|
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
Orlando Executive airport after Charley hit | Gilan | Home Built | 28 | August 29th 04 05:22 AM |
NAS and associated computer system | Newps | Instrument Flight Rules | 8 | August 12th 04 05:12 AM |
Bush's Attempt to Usurp the Constitution | WalterM140 | Military Aviation | 20 | July 2nd 04 04:09 PM |
Rules on what can be in a hangar | Brett Justus | Owning | 13 | February 27th 04 05:35 PM |
"I Want To FLY!"-(Youth) My store to raise funds for flying lessons | Curtl33 | General Aviation | 7 | January 9th 04 11:35 PM |