"Dear Doug"
The message below was sent in with the request that I present it to the readers in an anonymous manner - due primarily to the fact that it's a pending insurance claim matter. If you have real data that can add value to the discussion I'd (he'd) certainly appreciate it.
b,
dr
> While getting tailwheel transition time, I sustained a propstrike.
> Since there was an instructor there and I didn't have a tailwheel
> endorsement, I was not PIC. The incident could have been averted by
> the instructor, but the entire day of training had gone well.
> Basically, we bounced on a wheel landing and the nose got too forward.
>
> I have a non-owned airplane policy that covers $20k of damage to the
> airplane if I am liable and $5k if I am not (the 5k is designed to
> cover FBO deductables). The total damage was just under $10k for the
> teardown, inspection and new prop.
>
> Now, my insurance company agrees with me that I was not PIC at the
> time and is a strict sense, it not liable. Thus, they will pay
> $5k. However, they are suggesting that we settle the claim and
> have them pay the entire amount - I guess $5k isn't worth fighting
> over for them.
>
> My problem is - if they pay the entire claim, how will this affect the
> rates on my owned airplane policy? If I'm going to wind up paying $5k
> in insurance premiums if the claim goes on my record, then I'd rather
> just pay the $5k myself and not have it on my record. The kicker is
> that both my policies - owned and non-owned - are with the same
> company.
The message below was sent in with the request that I present it to the readers in an anonymous manner - due primarily to the fact that it's a pending insurance claim matter. If you have real data that can add value to the discussion I'd (he'd) certainly appreciate it.
b,
dr
> While getting tailwheel transition time, I sustained a propstrike.
> Since there was an instructor there and I didn't have a tailwheel
> endorsement, I was not PIC. The incident could have been averted by
> the instructor, but the entire day of training had gone well.
> Basically, we bounced on a wheel landing and the nose got too forward.
>
> I have a non-owned airplane policy that covers $20k of damage to the
> airplane if I am liable and $5k if I am not (the 5k is designed to
> cover FBO deductables). The total damage was just under $10k for the
> teardown, inspection and new prop.
>
> Now, my insurance company agrees with me that I was not PIC at the
> time and is a strict sense, it not liable. Thus, they will pay
> $5k. However, they are suggesting that we settle the claim and
> have them pay the entire amount - I guess $5k isn't worth fighting
> over for them.
>
> My problem is - if they pay the entire claim, how will this affect the
> rates on my owned airplane policy? If I'm going to wind up paying $5k
> in insurance premiums if the claim goes on my record, then I'd rather
> just pay the $5k myself and not have it on my record. The kicker is
> that both my policies - owned and non-owned - are with the same
> company.