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Smooth policy????
In article .com,
"Longworth" wrote: Personally, I don't plan to crash and do everything possible to avoid it. Anyone can decide to sue for any reason, but if you're that paranoid then you probably shouldn't be carrying passengers to begin with. Bottom line is that I don't think the $1M smooth policies really buy you much, nor do I think that the risk is great enough to worry about the $100k per seat sub limits. Jonathan, I used to think in the same line until reading Rick Durden's article which someone cited earlier in this thread: What Rick doesn't say, at least in your excerpt, is what the pilot's estate was worth. My entire point is that the risk isn't that great with $100k sub limits on a $1M policy, because if your estate is worth more than $1M the policy isn't going to protect you anyway. If your estate is worth, say, $500k, there isn't much incentive IMO to go after it as a plaintiff because, in the end, the plaintiff may not wind up with much more than $100k even if they're successful in the lawsuit. My other point is that I don't intentionally do stupid things in the airplane, allowing me to avoid the type of accident that Rick's example illustrates. Though there are exceptions to every rule, my guess is that most cases where passengers litigate against a pilot are won or lost based on the plaintiff's ability to prove willful negligence on the part of the pilot or operator. If you don't do stupid things with your airplane, you significantly reduce your risk of bad things happening. JKG |
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