Sky Soaring

Hi Denny, great question. It does not benefit the club directly if a member buys his own “aircraft renters insurance”. What it does do is benefit the member that purchases the insurance. In the event of an accident, your renters insurance will cover your liability and hull damage, up to your policy limits, after Sky Soarings insurance. The club could come after you to pay for damage to the aircraft which your insurance would cover. There are a number of companies that offer aircraft renters insurance, fairly inexpensive. AOPA and Avemco are a few.

Hello:

If someone does the research for renters insurance, please share.  Regarding renter’s insurance excluding things:  If you own a share of an airplane as a partner, or if you are in an equity-based flying club, ask if there is a non-owned product that will help you to increase your coverage. Although owners are excluded in most of these policies in capital letters, some carriers will cover partners and club members if their ownership percentage is 20 percent or less. Source:  https://www.aviationconsumer.com/industry-news/renters-insurance-know-the-exclusions/

Sky soaring is a equity based club since we have a buy in.  That may make renters insurance useless.  We need to carefully see if renters insurance will actually work for our group.

Again, it is a topic that needs to be studied.

Regards,

Rich

Hello:Thanks for the reply. I do not mind purchasing some extra insurance, I just want it to be there if/when I need it. I can call Costello Monday.Regards,Rich

Here is some information from Alan Kosikowski about Non-Owner insurance.

I saw the emails about some of the SSI members seeking insurance.

I would suggest they also get a quote from Tracey Martin.  She does my Pipistrel insurance and I found her rates to be competitive with others.  She also does my hangar insurance.

Fly high.

Alan

Tracey Martin

Agent, Private Pilot

Aviation Insurance Resources (AIR)

P.O. BOX 32 | Frederick, MD  21705

Ph  301-682-6200 | Fax 301-682-9793

tmartin@air-pros.com  | http://www.air-pros.com

Hi Alan,

Thank you, I appreciate that!    I have non-owner glider coverages as well as owners.  We are appointed with every market in the US except for Avemco.  This allows me to do a complete shop for my clients from one place.

I appreciate the referral.   I hope you and your family are doing well!      -Tracey

Come on out Friday and Saturday. We’ll get the flight instructors there spring checkouts then start with members. We could also do some assembly on Saturday. Weather is looking nice both days. Sunday is Easter and I would guess most will be staying home with family. Next week weather is looking good too. Watch for an email on what days we will be flying.