Blackhawk
Well-Known Member
If you actually read the policy of places that don't require insurance you will find that few if any have no subrogation clauses. Sure, you don't need renters insurance, but if you taxi into something the insurance company will come after you for the cost of the prop and the prop strike inspection ($15k+ for a 172).
Also be aware of what you are covered for verses what you fly. I know of one guy whose coverage was for the 152 he flew as a student pilot. He did a gear up in a V-35- about $80k of damage. His $15k policy left him on the hook for the rest.
Also be aware of what you are covered for verses what you fly. I know of one guy whose coverage was for the 152 he flew as a student pilot. He did a gear up in a V-35- about $80k of damage. His $15k policy left him on the hook for the rest.