Too much to loose by not flying them. Kevin
--- In [email protected], "AJ DeMarzo" <[EMAIL PROTECTED]> wrote: > > Good for you Syd and good for all those kids you've hopefully inspired. But there was no question in there. Like I said, too much to lose! > > > ----- Original Message ----- > From: Syd Cohen > Cc: [email protected] > Sent: Monday, February 04, 2008 9:11 PM > Subject: Re: [ercoupe-tech] Re: INSURANCE Liabilty...a wid card view > > > Hi Al, > To answer your Young Eagle question, if the pilot has $100,000/ seat liability insurance, EAA backs him/her up with $1,000,000 more. So far I've flown 802 Young Eagles, and I plan to fly plenty more. > > Syd > > > > AJ DeMarzo wrote: > > > > I knew a guy that made anyone who wanted to ride along sign a waiver. Regardless of what you may think, one can't sign his rights away and if you feel that dying in a fiery crash will get you off the hook, it won't. Injured parties will sue your estate and leave your wife and children in the poor house. That includes the farmer who's corn you plow down and the county environmental crew who have to clean the area up of all that super pollutant avgas, oil, grease and ashes. Don't ask me about Young Eagles. Hats off to those who do it. I admire you but I won't. Too much to lose if something happens. > > Reconsider your liability insurance, flying without it is foolish. > > > > ----- Original Message ----- > From: [EMAIL PROTECTED] > To: [email protected] > Sent: Monday, February 04, 2008 8:47 PM > Subject: RE: [ercoupe-tech] Re: INSURANCE Liabilty...a wid card view > > > > In response to Daveâs query as to whether any of us have opted to forego insurance, my FBO requires that I carry liability insurance to rent their hanger so I do. I have no hull insurance. Although my aircraft improves each year, itâs not near as nice as some of the coupes that I see at fly inns. The other issue is that Iâve grown fond of this machine and if I ding it up real good, I would not want itâs fate in someone elseâs hands. > If not required to carry liability insurance, I would think hard about dropping it simply because I tend to focus much more on maintaining my health than on maintaining my wealth. Plus, I donât have much wealth. I would never presume that this approach to insurance would be wise for anyone else. > I also want to thank Jerry for his recent posts. I asked for Jerryâs opinion (off list) as to the likelihood of some of the things that we obsess about (mainly paperwork subtleties) being argued in court. With his experience, I figured he was the best guy to speak to that. I didnât expect such a candid response but I sure do appreciate it. If your wife covers the eastern United States Jerry, would you kindly provide for me a way to reach her? She sounds very cool and Iâd like to get a quote from her when my policy is up for renewal. > Thanks, > Bill > Has anybody simply opted to forego commercial insurance and fly so as to avoid needing it? > Opinions? > Dave W > > -------------------------------------------------------------------- ------ > More new features than ever. Check out the new AOL Mail! >
