On Sunday, October 30, 2022 at 7:18:17 AM UTC-6,
[email protected] wrote:
On Saturday, October 29, 2022 at 7:33:16 AM UTC-4, Hank Nixon wrote:
On Friday, October 28, 2022 at 1:27:03 PM UTC-4, [email protected] wrote:
Does anyone know of a US glider club that, due to an accident, lost their liability insurance coverage? The better question is what did they do to keep their operation going? Thanks, John
I know of a few cases over the years where the insurance company has declined to provide hull coverage due to losses but I have never heard of declining liability coverage. 2 Major losses associated with operations in a short period of time can put
you in jeopardy.
FWIW
UH
NSA owns their club gliders through a separate LLC. Members are required to carry non owner insurance in an amount necessary to cover potential loss for the aircraft they are flying.
AFAIK, tow plane and a 1-26 are owned by NSA, and the 1-26 does not require the insurance. The one hitch is that the members of the LLC (Sierra Fliers, LLC) cannot use renter/non-owner insurance. A recent phone call with an NSA officer, who is listed
as a manager of the LLC, suggested that they did lose insurability at one point (but maybe that was due to excessive cost) but that they may be moving forward to insure as a club again. Other chapters have forms of self-insurance, some with very high
member deductibles and advise members to carry renter/non-owner coverage if the high member deductible is of concern.
https://nevadasoaring.com/insurance/
Sierra Fliers, LLC, is the entity.
Frank Whiteley
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)