Re: KR> insurance claim payouts

2017-02-10 Thread Mark Langford via KRnet
Lee Parker wrote: >>Buy liability insurance then, set up an escrow account tagged KR airplane. Put the extra money you was going to pay on insurance in that account and if you crack it up you will probably be dollars ahead. The only problem is if you damage someone's property.<< I never sa

Re: KR> insurance claim payouts

2017-02-10 Thread Lee Parker via KRnet
Buy liability insurance then, set up an escrow account tagged KR airplane.  Put the extra money you was going to pay on insurance in that account and if you crack it up you will probably be dollars ahead.  The only problem is if you damage someone's property. From: Mark Langford via KRnet

Re: KR> Sterba prop

2017-02-10 Thread Lee Parker via KRnet
My prop is at 3 and 9 on the Lancair which makes it a little harder to hand prop.  I talked to  a guy at Hartzell who said that props were put at 2 an 8 back when most planes didn't have electric starters so they would be easier to start.  I also talked with an RV owner who also said he did the

Re: KR> Alan Dares

2017-02-10 Thread Chris Gardiner via KRnet
Yes, I met and spoke to Alan years ago. I don't believe he ever finished the KR. Not sure why or what happened to him. Regards Chris Gardiner C GKRZ. KR2S In Ontario Sent from my iPad > On Feb 10, 2017, at 4:41 PM, Robert Russell via KRnet > wrote: > > HI Netters; > Anyone in the Ontario regi

KR> Alan Dares

2017-02-10 Thread Robert Russell via KRnet
HI Netters; Anyone in the Ontario region remember Alan Dares and a KR that had the markings C-GKRD ? I don't think it was ever given final inspection but he had reserved those letters for awhile. They are currently in use in Alberta for a totally different airplane. Thanks Bob R ___

Re: KR> insurance claim payouts

2017-02-10 Thread Dj Merrill via KRnet
On 02/10/2017 02:47 PM, Mark Langford via KRnet wrote: > Another reason not to carry full hull insurance is that if you ever DO > file a claim, you've just marked yourself as somebody who doesn't > hesitate to file a claim, and insurance companies immediately shy away > from such "risks". Your rat

Re: KR> insurance claim payouts

2017-02-10 Thread Mark Langford via KRnet
Another reason not to carry full hull insurance is that if you ever DO file a claim, you've just marked yourself as somebody who doesn't hesitate to file a claim, and insurance companies immediately shy away from such "risks". Your rates will almost certainly climb significantly, and you may e

Re: KR> insurance claim payouts

2017-02-10 Thread Jeff Scott via KRnet
And just in case there is an doubt why people distrust insurance companies so much, please read Victor's email again. Wow. With 10 - 15 years of hull insurance on a KR, you have paid for the aircraft. So ask yourself if losing your KR is going create an unrecoverable financial hardship? If

Re: KR> insurance claim payouts

2017-02-10 Thread Victor via KRnet
I was a full time insurance adjuster and still do it occasionally so I can spread a little light on this. All aircraft hull policies are "agreed on value" policies. You're premiums are based on value divided by risk. The underwriter has the option to repair or replace any damage. If you under in