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#13328
Rich WalendaRich Walenda
Participant

    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