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Tail kit insurance??
Posted: Wed Jun 22, 2005 9:39 am
by cjensen
Do you guys have your tail kit insured??
For those that are farther along, when did you start insuring?
Tail kit insurance??
Posted: Wed Jun 22, 2005 9:44 am
by Spike
Nope. Ill wait until I have mucho more dinero invested ...
Submitted via email
Posted: Wed Jun 22, 2005 3:08 pm
by jimrobinette
Chad,
I didn't insure my tail kit, as I didn't really think about it. Figured I had more to lose in tools than sheet metal, and those were covered by homeowners/renters.
Once I got my QB wings and fuse, I insured them through USAA. Got a total policy for $30K and it was real cheap, like $200/year, but don't quote me on that, as I don't have the policy in front of me.
I always figure it can hurt to insure the thing. If your place caught on fire I don't think it would be covered by homeowners/renters. And if you only insured the tail kit, it would be real cheap! And soon you will have wings, etc.
Take care,
Jim
Posted: Wed Jun 22, 2005 8:18 pm
by captain_john
Chad,
Send me a check for $200 and I will personally insure the project from fire, theft and natural disasters for a period of one year.
CJ
Tail kit insurance??
Posted: Wed Jun 22, 2005 8:21 pm
by Spike
Chad,
Send him the check. I'm on my way over with my pickup truck. Make sure you leave the back door unlocked
-- John
Send me a check for $200 and I will personally insure the project from fire, theft and natural disasters for a period of one year.
Submitted via email
Posted: Wed Jun 22, 2005 8:27 pm
by captain_john
HEY!!!
That's a FRAUDULENT CLAIM!!!
I have a clause for that!!!
CJ
Posted: Wed Jun 22, 2005 8:38 pm
by Dan A
my plane is ARF (almost ready to fly)and I have just now insured it for flight and ground. Never needed building insurance. I used the mony in the panel!!
Dan , working out the bugs!! Pics will follow --- shortly ( whatever shortly is !)
Posted: Wed Jun 22, 2005 11:23 pm
by cjensen
Hey thanks guys!!
CJ-I thought I sent you that check already. Must be lost in the mail...
spike-when CJ gets confirmation the check has cleared, the back door will still be locked, but I'll leave some cookies out front for you!
tailkit insurance
Posted: Thu Jun 23, 2005 4:17 pm
by Guest
As an Agent you should buy the most you can right now! (just kidding no flames please) Buy it only when you feel you need it and that's different for everybody.
As a builder I can tell you I have no builders insurance on my kit yet for the same reasons as Jim Robinette. I haven't got enough into it that I would be that upset (about the dollars anyway) but once I move on to the wings I will do it then.
Homeowners does not cover it or the liability if someone gets hurt from it so if your Agent tells you it is -- get it in writing!
I thought it was initially years ago and found out I was wrong. Luckily no homes or planes were hurt in that lesson, just my ego.
Hey Spike did you cut off my login? It didn't work today. Or are you kicking out us Insurance guys now
Be good guys and I hope it helps some.
Jim Pappas RV7A #70026
Jim Pappas Insurance Agency Inc
pappasinsurance.com
Posted: Thu Jun 23, 2005 5:01 pm
by jim_geo
Screw up insurance.
covers the replacement of parts I screw up on. HMMMMM THAT'S THE TICKET!
Posted: Thu Jun 23, 2005 5:53 pm
by Spike
Jim, your account is active and fine. I just verified it. Maybe a password issue? I just reset it and will send it to you via emai. Your more than welcome around here bud !!
kit insurance
Posted: Thu Jun 23, 2005 9:32 pm
by Guest
Thanks Spike that's much better.
Glad to know I'm still welcome
Posted: Fri Jun 24, 2005 4:22 am
by captain_john
Hi Jim!
How much would a screwup policy be? I think JimGeo has a great idea!!!
CJ
insurance
Posted: Sat Jun 25, 2005 7:23 pm
by jimpappas
CJ I'm not sure there's a big enough Insurance Company for that one
Heck, I'd probably eat up the profits myself
