would you fly w/out insurance?

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busted
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would you fly w/out insurance?

Postby busted » Mon Sep 16, 2013 9:49 pm

I guess this question wouldn't be for Bob, anyway, Just looking at the quicksilver at uflyit in Florida. In the FAQ section the last one is "Can I get insurance for my ultralight?" answere is.... "At this time we don't know of any U.S. companies that will insure your aircraft"
Not haveing any hull insurance I could live with, but not any liability for for crashing into a mall? Just wondering how many fly with out it. thank you. Also, the quicksilver dealer that I took a demo ride in said he didn't have insurance on any of his a/c.
Kinda weird if you think about it in that he didn't even ask that I sign a waiver or something. thank you

busted
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Re: would you fly w/out insurance?

Postby busted » Mon Sep 16, 2013 10:14 pm

Gosh, I really want to fly floats (amphips) and that might be my only option. Can an airport keep you out if they find out you don't have insurance?

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drseti
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Re: would you fly w/out insurance?

Postby drseti » Tue Sep 17, 2013 2:46 am

Airports and FBOs routinely require their renter pilots, based aircraft, and hangar tenants to have some sort of insurance. But I have never heard of one requiring insurance of itinerant pilots, or even having a way of knowing whether you have any. A public use airport is open to the public, and many choose to self-insure. (Whether or not this is wise is a separate discussion.)
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
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CTLSi
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Re: would you fly w/out insurance?

Postby CTLSi » Tue Sep 17, 2013 10:34 am

......

Coloradoeasyrider
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Re: would you fly w/out insurance?

Postby Coloradoeasyrider » Tue Jul 03, 2018 8:42 am

I owned a large FBO a few years back and I got to know quite a few customers very well. It may be supprising to learn that maybe 2 to 3% of pilots flying there own planes did not carry insurance. There were two reasons, either they lost their medical, or they self insured there planes and set up an off shore corporation. 90% of the planes were the common GA types Pipers, Cessnas, Mooney’s, Bonanzas, but it may surprise you to learn many people flying King Airs, single engine turbo props, citation jets, and on one occasion a citation X had no insurance at all. In some cases flying there jets after loosing their medical.

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ShawnM
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Re: would you fly w/out insurance?

Postby ShawnM » Tue Jul 03, 2018 7:52 pm

Since owning my SportCruiser for 5 years now I've hangared at 4 different airports (2 while training) and only one REQUIRED proof of liability insurance (because of the airlines commercial traffic I think) the other 3 didn't ask or even care. It's really hit and miss who has and who doesn't have insurance. It's not required unless you finance I assume.

My suggestion is that if you are going to fly without or "self insure" put the aircraft into a Montana or Delaware LLC for some protection and/or anonymity. (this is also a separate discussion)

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drseti
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Re: would you fly w/out insurance?

Postby drseti » Tue Jul 03, 2018 8:09 pm

I see this issue from two sides. My flight school aircraft is based at an airport owned and run by the city. Gov't absolutely requires proof of insurance (with said city indemnified and named as additional insured) to base an aircraft there. And, I'm a part owner of a private airport, where our basing agreement requires proof of insurance for any based aircraft (a requirement which gives me no choice but to require insurance of my hangar tennants).

From both sides of the street, liability insurance seems like a pretty good idea. (Hull insurance is another matter altogether.)
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
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HAPPYDAN
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Re: would you fly w/out insurance?

Postby HAPPYDAN » Wed Jul 04, 2018 4:48 pm

Allow a non-flier to jump in, with a random thought. As I understand the limitations of flying an ultralite, you cannot fly over any congested area or in any controlled airspace. So, shopping mall buzzing is a no-no. Also, as I have heard, the 2-stroke motors, which many use, are notoriously unreliable, which would scare off any underwriter. I had previously researched the Aerolite 103, IMO a very nice ultralite. But here in the Puget Sound region, there is no uncongested area. In fact, it's nearly all controlled airspace. So, no-go. But good luck with your endeavor!

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Re: would you fly w/out insurance?

Postby TimTaylor » Wed Jul 04, 2018 6:34 pm

Welcome to 5 years ago.
Commercial Pilot Airplane Single & Multiengine Land; Instrument Airplane; Sport Endorsement Airplane Single Engine Sea; Flight Instructor Airplane Single And Multiengine; Ground Instructor Advanced Instrument

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drseti
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Re: would you fly w/out insurance?

Postby drseti » Wed Jul 04, 2018 7:12 pm

TimTaylor wrote:Welcome to 5 years ago.


There's absolutely nothing wrong with newcomers catching up on, and then reopening, old threads. They are why we keep an archive.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof H Paul Shuch
PhD CFII DPE LSRM-A/GL/WS/PPC iRMT
AvSport LLC, KLHV
fly@AvSport.org
AvSport.org
facebook.com/SportFlying
SportPilotExaminer.US

Wm.Ince
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Re: would you fly w/out insurance?

Postby Wm.Ince » Wed Jul 04, 2018 8:27 pm

drseti wrote:There's absolutely nothing wrong with newcomers catching up on, and then reopening, old threads. They are why we keep an archive.

Thank goodness for those archives.
I find myself going back and referring to them often. Especially when they concern maintanence and recommended product information.
It's like having a thorough reference library at your fingertips.
Bill Ince
CTSW
Retired Heavy Equipment Operator

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FastEddieB
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Re: would you fly w/out insurance?

Postby FastEddieB » Thu Jul 05, 2018 3:07 am

TimTaylor wrote:Welcome to 5 years ago.


Welcome back!
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3Dreaming
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Re: would you fly w/out insurance?

Postby 3Dreaming » Thu Jul 05, 2018 3:33 pm

Wm.Ince wrote:
drseti wrote:There's absolutely nothing wrong with newcomers catching up on, and then reopening, old threads. They are why we keep an archive.

Thank goodness for those archives.
I find myself going back and referring to them often. Especially when they concern maintanence and recommended product information.
It's like having a thorough reference library at your fingertips.


It is even better now since post can't be deleted after a short period.

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Jim Hardin
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Re: would you fly w/out insurance?

Postby Jim Hardin » Fri Jul 06, 2018 12:42 pm

HAPPYDAN wrote:Allow a non-flier to jump in, with a random thought. As I understand the limitations of flying an ultralite, you cannot fly over any congested area or in any controlled airspace. So, shopping mall buzzing is a no-no. Also, as I have heard, the 2-stroke motors, which many use, are notoriously unreliable, which would scare off any underwriter. I had previously researched the Aerolite 103, IMO a very nice ultralite. But here in the Puget Sound region, there is no uncongested area. In fact, it's nearly all controlled airspace. So, no-go. But good luck with your endeavor!


Might surprise you but what you sre calling ‘congested area’ and controlled airspace is far more ultralight friendly than you think.

Many places the controlled airspace doesn’t start until 700 to 1200 AGL. Even if you need to operate under Class B or C airspace, you can get a letter of understanding from the controlling agency to do so.

Congested area gets more interesting as the FAA has never defined it! It’s definition seems to be based on how bad they want to get you.

foresterpoole
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Re: would you fly w/out insurance?

Postby foresterpoole » Fri Jul 06, 2018 1:35 pm

As a renter the FBO either charges me 5.00 extra per hour or I provide proof of insurance. I carry liability and hull to the tune of over 1K/yr in premiums. That's a fair bit of cash, but when a new Cessna 172 costs 300K+ and the plane is rented regularly costs can add up even under the best of accident scenarios. You also have to consider lawyer fees because in this day and age, even if it's not your "fault" someone is getting sued, best to be covered and never need it than need it and not have it....
Ed


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