That is correct. As I said it only insures the plane while it is on the ground. If you have a serious accident and survive, the plane is a write-off. If you don't survive, you don't have to repair it. As you can see i'm not an insurance advocate.
On Fri, Sep 21, 2018 at 2:47 PM Jeff Scott via KRnet <krnet@list.krnet.org> wrote: > I suspect what Richard S. is referring to is "Not in Motion" Insurance, or > "Not in Motion" Hull insurance. It will insure your plane for hull > coverage for weather and other incidents, but only while it's not being > flown. If you are ready to start flying, you change to Liability only > insurance, or liability with "Not in Motion" Hull, which would be a great > deal less expensive than hull insurance. Of course it won't pay for the > aircraft if you damage it taxiing or flying. Or, just buy liability only > with NO medical coverage since you already have medical insurance. Make > sure they know it is a single seat plane. Call it a KR 1-1/2 if you must. > Not insuring passengers makes a big difference to your liability. Mine has > been $212/yr for many years, although it went up a bit this year. I'll > probably shop it around next year. > > The liability insurance is all you need to satisfy the airport as it also > covers people tripping and falling in the hangar, which is their concern. > > -Jeff Scott > Cherokee Village, AR > > *Sent:* Friday, September 21, 2018 at 2:39 PM > *From:* "John Bryhan via KRnet" <krnet@list.krnet.org> > *To:* KRnet <krnet@list.krnet.org> > *Cc:* "John Bryhan" <n12...@cybermesa.com> > *Subject:* Re: KR> Insrance > EAA getting a bump for steering customers? > > John from iPad > > _______________________________________________ > Search the KRnet Archives at > https://www.mail-archive.com/krnet@list.krnet.org/. > Please see LIST RULES and KRnet info at http://www.krnet.org/info.html. > see http://list.krnet.org/mailman/listinfo/krnet_list.krnet.org to change > options. > To UNsubscribe from KRnet, send a message to krnet-le...@list.krnet.org > _______________________________________________ > Search the KRnet Archives at > https://www.mail-archive.com/krnet@list.krnet.org/. > Please see LIST RULES and KRnet info at http://www.krnet.org/info.html. > see http://list.krnet.org/mailman/listinfo/krnet_list.krnet.org to change > options. > To UNsubscribe from KRnet, send a message to krnet-le...@list.krnet.org > _______________________________________________ Search the KRnet Archives at https://www.mail-archive.com/krnet@list.krnet.org/. Please see LIST RULES and KRnet info at http://www.krnet.org/info.html. see http://list.krnet.org/mailman/listinfo/krnet_list.krnet.org to change options. To UNsubscribe from KRnet, send a message to krnet-le...@list.krnet.org
