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Well, that wasnt exactly what was told to me by the FBO when I was
renting for flight lessons. I was told by the FBO that I needed to carry, at that time, the standard policy, which covering liability for injury and damage to other things and specifically covered the $1000 deductible on his policy coverage of damage to the plane. This was a standard renters policy from Avemco who also said essentially the same thing. The policy was the same whether I was renting for lessons or for flight around the area. Since I havent renewed my policy since 2000, are things different than that now? Bruce A. Frank Matthew Waugh wrote: > > "Bruce A. Frank" > news:3D1CA999.8160B81E@worldnet.att.net... > > Every FBO from which I have rented has about a $1000 deductible. If I > > damage his plane the renters insurance covers my liability to that $1000 > > which the FBO is going to *request* from me. > > > > Bruce A. Frank > > This is not the limit of your total liability. Unless you are named on the > FBOs insurance policy, or the FBOs insurance policy contains some form of > waiver of subrogation, then the insurance company may come after you to > recover the amount they have already paid to the FBO. > > So yes, you owe the FBO a grand. You owe the rest to the insurance company. > > Hope that helps, Mat > > -- > Matthew Waugh > Comm. SEL MEL, CFI > http://home.nc.rr.com/mwaugh/learn2fly/index.htm |
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