Stop me, before I do something crazy...

But does that 12k cover the entire hull value? I would doubt that it
would. It may cover partial value or liability and not in motion.
There's a Bo owner I know of that has spent so much on restoring his
airplane that the insurance company will no longer insure it for what
he's got into it. Something like 200k spent and maximum hull coverage
of around 125k. The insurance companies will cover an "agreed" value
but it's a value they have to accept as reasonable.
Dave


Newps wrote:
Guy near me just built a Lancair 4. Beautiful plane, although some of
the design features are just stupid, but a nice looking plane. Has to
be valued at least $350K First years insurance is $12,000.




dave wrote:

That's a beautiful airplane. Does anyone know if insurance is
available for it at that hull value? I don't mean just because it's
an experimental - I'm wondering if an insurance company would accept
an agreed value that high.
Dave
M35

Dan Luke wrote:

Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html

dave wrote:
But does that 12k cover the entire hull value? I would doubt that it
would. It may cover partial value or liability and not in motion.



Full coverage. It had to be since he had a loan on the plane.

Although that's a ton of money for insurance, I'm glad to hear that he
was able to get full coverage. I was wrongly under the impression that
it wasn't available.
Dave
M35

Newps wrote:


dave wrote:
But does that 12k cover the entire hull value? I would doubt that it
would. It may cover partial value or liability and not in motion.



Full coverage. It had to be since he had a loan on the plane.

On Jun 5, 10:11 am, Newps wrote:
Guy near me just built a Lancair 4. Beautiful plane, although some of
the design features are just stupid, but a nice looking plane. Has to
be valued at least $350K First years insurance is $12,000.



dave wrote:
That's a beautiful airplane. Does anyone know if insurance is available
for it at that hull value? I don't mean just because it's an
experimental - I'm wondering if an insurance company would accept an
agreed value that high.
Dave
M35

Dan Luke wrote:

Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html- Hide quoted text -

- Show quoted text -

That is more then my house! (the insurance).

Robert

Nice looking plane, but that panel doesn't look like any consideration was
given to crashworthiness. At least my 74 Archer has a padded eyebrow.

--
Best Regards,
Mike

http://photoshow.comcast.net/mikenoel

It is not work that kills men; it is worry. Worry is rust upon the blade.
"Dan Luke" wrote in message
...
Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html


--
Dan

If the accident is either hard enough to overcome the shoulder belt or the
nose structure of the aircraft that padding on the top of the Archer's panel
isn't going to do much good.





Mike Noel wrote:
Nice looking plane, but that panel doesn't look like any
consideration was given to crashworthiness. At least my 74 Archer
has a padded eyebrow.
http://photoshow.comcast.net/mikenoel

It is not work that kills men; it is worry. Worry is rust upon the
blade. "Dan Luke" wrote in message
...
Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html


--
Dan

On Jun 3, 7:30 pm, "Dan Luke" wrote:
Drool:

http://rv6rick.tripod.com/ohiovalleyrvators/id19.html

--
Dan

this wont be popular...

It certianly is a great airplane and this particular model looks to be
well built...but color me as someone not all that impressed or at the
very least "turned off" by the sticker. (of course I say that about a
182 for 1/4 million dollars).

Private airplanes do two things...they bring joy and transportation.

An airplane this costly has to justify itself in someway, we are
talking "house" price here. Look I like women in uniform and women
who are tough "broads" (to quote my fiance..falling in love again
after my wife passed away)...so I am (again to quote her) "wierd" in
terms of what appeals to me.

but I dont see how one justifies spending that much money on personal
transportation...and spending that much money on personal "fun".
There is a LOT Of "ego" here.

and for the most part (looking at the electronics) it is more ego then
most 100-200 hour a year pilots can master and stay current in.

Robert

"Luke Skywalker" wrote:

but I dont see how one justifies spending that much money on personal
transportation...and spending that much money on personal "fun".

Why does it need to be justified, Robert? Did you ever see a Brinks truck in
a funeral procession?


There is a LOT Of "ego" here.

There is a lot of "judging" here.


and for the most part (looking at the electronics) it is more ego then
most 100-200 hour a year pilots can master and stay current in.


Not a problem, it seems to me. If this were my airplane, I'd fly 100+ hrs of
IFR/year in it. I guarantee you I'd have it mastered.

--
Dan

"Fiction was invented the day Jonah arrived home and told his wife
that he was three days late because he had been swallowed by a
whale." -Gabriel Garcia Marquez

On Jun 6, 5:58 am, "Dan Luke" wrote:


Not a problem, it seems to me. If this were my airplane, I'd fly 100+ hrs of
IFR/year in it. I guarantee you I'd have it mastered.

--
Dan


a 100 hours a year..my question to someone who tells me this is there
anything else in the "complex" category that one does for 2 hours a
week and stays proficient enough to bet their life on it...?

Robert

"Luke Skywalker" wrote:

a 100 hours a year..my question to someone who tells me this is there
anything else in the "complex" category that one does for 2 hours a
week and stays proficient enough to bet their life on it...?

I never had to bet my life on trigonometry, but it's pretty complex and I
mastered it in a lot fewer than 100 hours.

--
Dan

"How can an idiot be a policeman? Answer me that!"
-Chief Inspector Dreyfus