Re: KR> insurance claim payouts

2017-02-13 Thread brian.kraut--- via KRnet
planes and I am paying rates that are right in line with others with no damage history. Brian Kraut 904-536-1780 br...@eamanuacturing.com Original Message Subject: Re: KR> insurance claim payouts From: Jeff Scott via KRnet Date: Fri, February 10, 2017 8:49 am To: kr

Re: KR> insurance claim payouts

2017-02-12 Thread Lee Parker via KRnet
back.   From: Mark Wegmet via KRnet To: 'KRnet' Cc: Mark Wegmet ; 'Oscar Zuniga' Sent: Sunday, February 12, 2017 3:55 PM Subject: Re: KR> insurance claim payouts ___ Search the KRnet Archives at https://www

Re: KR> insurance claim payouts

2017-02-12 Thread Mark Wegmet via KRnet
krnet-boun...@list.krnet.org] On Behalf Of Oscar Zuniga via KRnet Sent: Sunday, February 12, 2017 12:34 PM To: krnet@list.krnet.org Cc: Oscar Zuniga Subject: KR> insurance claim payouts Sometimes you just don't have a choice when it comes to carrying liability insurance. One of the requirements for r

KR> insurance claim payouts

2017-02-12 Thread Oscar Zuniga via KRnet
Sometimes you just don't have a choice when it comes to carrying liability insurance. One of the requirements for renting a hangar at our airport (tower controlled, with scheduled commercial flights) is to carry $1M of liability. Actually not a bad idea when you consider that I could easily ca

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
d via KRnet To: KRnet Cc: Mark Langford Sent: Friday, February 10, 2017 2:47 PM Subject: Re: KR> insurance claim payouts 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 cl

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
l damage is excluded. -Jeff Scott Los Alamos, NM ------- Subject: Re: KR> insurance claim payouts 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: 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