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Pietenpol-List: Insurance question

Posted: Tue Mar 23, 2010 3:36 pm
by matronics
Original Posted By: "David Paule"
Subject: Pietenpol-List: Insurance questionRan into an odd situation recently and wanted to see what others have done in thepast, or are currently doing.I recently sold my house and am renting now, so I switched to a renters insurancepolicy. Since I was bored last night (the plane is still in storage for anotherweek) I was reading through the policy, and came across the statement that"aircraft and aircraft parts are not covered." Huh?Spoke to my agent today and he had never come across this either, did some researchand they do not cover aircraft or parts on ANY of their policies.So my question is this - what, if anything, did you do to provide coverage foryour projects while they were in the project stage? I am simply looking to covermy costs of materials in the event of theft, fire, etc... Is this somethingthat I should not worry about (I am normally a trusting individual, but thenew house is close to a high school and the garage is located in the alley - apparentlythere have been issues in the past with some of the garages being usedas gathering places by the students) One neighbor suggested blocking the windowsand getting a bigger lock... I may not go to that extreme (it isn't THATbad of a neighborhood...) but I will definitely be putting in a new lock.It will be nice to get back to building though - time to make more sawdust andgrind some metal!Dan LoegeringFargo, ND________________________________________________________________________________

Re: Pietenpol-List: Insurance question

Posted: Tue Mar 23, 2010 5:58 pm
by matronics
Original Posted By: Jim Ash
Contact your local police and ask them how serious they'd estimate your local threat is.If their estimate seems more than you are comfortable with, contact an aircraft insurance broker to arrange for coverage while building. It is available.David PauleRan into an odd situation recently and wanted to see what others have done in the past, or are currently doing.I recently sold my house and am renting now, so I switched to a renters insurance policy. Since I was bored last night (the plane is still in storage for another week) I was reading through the policy, and came across the statement that "aircraft and aircraft parts are not covered." Huh?Spoke to my agent today and he had never come across this either, did some research and they do not cover aircraft or parts on ANY of their policies.________________________________________________________________________________Date: Tue, 23 Mar 2010 19:23:16 -0400 (GMT-04:00)

Re: Pietenpol-List: Insurance question

Posted: Tue Mar 23, 2010 6:35 pm
by matronics
Original Posted By: "Jack"
If all you are concerned about is recouping the cost of raw materials, then who's to say you are building an airplane? It could be a one-off wooden boat of your own design, a large weathervane for your yard....find out what won't be an issue and call it that. Keep a list of receipts or documentation for your raw materials for valuation purposes if something is stolen. Kind of like the Feds....don't tell them anymore than they need to know. :PRyanSent from my iPhoneOn Mar 23, 2010, at 3:36 PM, Dan Loegering wrote:> >>> Ran into an odd situation recently and wanted to see what others > have done in the past, or are currently doing.>> I recently sold my house and am renting now, so I switched to a > renters insurance policy. Since I was bored last night (the plane > is still in storage for another week) I was reading through the > policy, and came across the statement that "aircraft and aircraft > parts are not covered." Huh?>> Spoke to my agent today and he had never come across this either, > did some research and they do not cover aircraft or parts on ANY of > their policies.>> So my question is this - what, if anything, did you do to provide > coverage for your projects while they were in the project stage? I > am simply looking to cover my costs of materials in the event of > theft, fire, etc... Is this something that I should not worry about > (I am normally a trusting individual, but the new house is close to > a high school and the garage is located in the alley - apparently > there have been issues in the past with some of the garages being > used as gathering places by the students) One neighbor suggested > blocking the windows and getting a bigger lock... I may not go to > that extreme (it isn't THAT bad of a neighborhood...) but I will > definitely be putting in a new lock.>> It will be nice to get back to building though - time to make more > sawdust and grind some metal!>> Dan Loegering> Fargo, ND>>________________________________________________________________________________

RE: Pietenpol-List: Insurance question

Posted: Tue Mar 23, 2010 7:27 pm
by matronics
Original Posted By: owner-pietenpol-list-server(at)matronics.com
Tell 'em those ashes were fom a boat you were building. An Airboat, whichexplains the Continental engine.Now I'll have a bit more 'splaining to do to recover anything from the RV-10project in my basement.Jack PhillipsNX899JPRaleigh, NC-----Original Message-----

RE: Pietenpol-List: Cloudcars prop on N502R

Posted: Tue Mar 23, 2010 7:46 pm
by matronics
Original Posted By: "Jack Phillips"
Gene,Beautiful prop and Piet!JackDSMHere's a photo of the cloudcars prop (76x38) on my plane. Needless to say,I love it. Being the first (that I know of) to put the 76 x 38 on a A 65Piet, Jay worked with me and even told me that after he made it, if itdidn't work out he would change it for free.You can contact him at 325 356 2810 or e-mail him at cloudcars @verizon.net. Tell him Gene from Tennessee said hi.Gene N502R________________________________________________________________________________

Pietenpol-List: Insurance question

Posted: Tue Mar 23, 2010 8:36 pm
by matronics
Original Posted By: Frank Metcalfe

Pietenpol-List: Re: GN-1 question

Posted: Wed Mar 31, 2010 12:57 pm
by matronics
Original Posted By: "coxwelljon"
dan.loegering(at)odayequi wrote:> Ran into an odd situation recently and wanted to see what others have done inthe past, or are currently doing.> > I recently sold my house and am renting now, so I switched to a renters insurancepolicy. Since I was bored last night (the plane is still in storage foranother week) I was reading through the policy, and came across the statementthat "aircraft and aircraft parts are not covered." Huh?> > Spoke to my agent today and he had never come across this either, did some researchand they do not cover aircraft or parts on ANY of their policies.> > So my question is this - what, if anything, did you do to provide coverage foryour projects while they were in the project stage? I am simply looking tocover my costs of materials in the event of theft, fire, etc... Is this somethingthat I should not worry about (I am normally a trusting individual, but thenew house is close to a high school and the garage is located in the alley -apparently there have been issues in the past with some of the garages beingused as gathering places by the students) One neighbor suggested blocking thewindows and getting a bigger lock... I may not go to that extreme (it isn'tTHAT bad of a neighborhood...) but I will definitely be putting in a new lock.> > It will be nice to get back to building though - time to make more sawdust andgrind some metal!> > Dan Loegering> Fargo, NDDan,I would check into a special policy. Your greatest risk may not be from vandalism.I had a good friend who lived in a great timber frame house, attached workshop,and totally off the grid. He was building an Rans from a kit. Theycalled for forming the tank by filling it full of fuel and letting sit and takeshape. The tank was closed yet fumes leaked across the floor to a heater onthe other side of the shop. The whole thing went up including the house andwas a total loss. Fortunately there was no loss of human life. Insurance paidnothing on the airplane and would not even cover a PV array because it wasnext to the house and not attached exept by wiring. Rans gave him a good dealon a new kit but the fire took several years out of his life while he rebuilthis house. He is now starting again on the Rans. It has made me think bothabout insurance and what I do in the shop.Jon Coxwell--------Jon Coxwell GN-1 BuilderRecycle and preserve the planetRead this topic online here:http://forums.matronics.com/viewtopic.p ... ___Subject: Pietenpol-List: Re: GN-1 question

Pietenpol-List: Re: GN-1 question

Posted: Wed Mar 31, 2010 1:06 pm
by matronics
Original Posted By: "coxwelljon"
luther b green wrote:> Mine are approx. 40" from the backrest and attached to the front seat cross > member. I can send you a picture if you want.> Bryan Green> Elgin SC> ---Bryan,I tried to respond to your email but it comes back with address unknown. I wouldlike to see some pictures and since you are re-building I would like to knowwhat issues you are running into. Mine has never flown but I an doing plentyof re-building of someone else's work. I almost think starting from scratchis easier. I think mine is sound, but the original builders (2 or 3) were notas particular as I would like.Jon Coxwell--------Jon Coxwell GN-1 BuilderRecycle and preserve the planetRead this topic online here:http://forums.matronics.com/viewtopic.p ... ___Subject: Pietenpol-List: Re: GN-1 question

Posted: Wed Mar 31, 2010 1:15 pm
by matronics
Original Posted By: Dog67(at)aol.com
Tom Bernie wrote:> I moved mine far enough forward for my legs. Don't trust the CAD plans.> Tom Bernie> N666TB> Gloucester Mass> > Tom, I am working from the hand drawn plans but there are lots of mistakes thereas well. I purchased a set of original Piet plans as a reference which Iencourage anyone building a GN-1 to do.> > BTW I found a link to your project photo documentation and read through yourpast posting on the forum. Looking at your photos was really helpful and yourposting indicated that we are addressing some issues in similar ways.> > Jon Coxwell> > > > > > > > > > > --------Jon Coxwell GN-1 BuilderRecycle and preserve the planetRead this topic online here:http://forums.matronics.com/viewtopic.p ... __________

Pietenpol-List: Re: Insurance question

Posted: Wed Mar 31, 2010 3:04 pm
by matronics
Original Posted By: Jeff Boatright
Dan,Your question prompted me to do a little more research with my State Farm Agentand in fact I found that I do not have insurance that covers my GN-1 while Iam building it. Nor can I get it through State Farm.I then went to the EAA website and ended up making a call to their insurance program.Not a lot of help there either for those of us that are building fromplans. I did find out that the the minimum hull insurance while building is goingto be around $500 per year plus or minus. That kind of coverage will goup to $40,000 and is the minimum. (That would be a real nice Piet or GN-1).I asked the question about liability insurance and that is where things get stickyfor tail draggers. They not only want tailwheel time which is understandable,but want some time in the same model. I have 100 hours of tail wheel and1700 hours total, but none in a GN-1 or a Piet. The EAA insurance agent toldme I should be thinking about getting some more tail wheel time and try realhard to get GN-1 time before my airplane is ready to fly. This is just a headsup. Thanks Dan for raising this question.Jon Coxwell--------Jon Coxwell GN-1 BuilderRecycle and preserve the planetRead this topic online here:http://forums.matronics.com/viewtopic.p ... ______Date: Wed, 31 Mar 2010 16:09:40 -0400

Re: Pietenpol-List: Re: Insurance question

Posted: Wed Mar 31, 2010 9:17 pm
by matronics
Original Posted By: "coxwelljon"
You can buy insurance to cover your project while under construction. Start with the EAA program and research it from there. Keep in mind your homeowners policy was never meant to cover anything but your home and contents. Your premium is based on just that exposure. Cars, boats, motorcycles, and yes airplanes are not part of the contract. All of those require separate coverage that is tailored to the exposure.Perry Rhoads(yup, I'm an insurance agent)Piet N12939----- Original Message -----

Re: Pietenpol-List: Re: Insurance question

Posted: Wed Mar 31, 2010 9:26 pm
by matronics
Original Posted By: "Ben Charvet"
Try Jenny at NationAir(they have a website) in St. Louis. I insured N12939 with her for a reasonable amount without time in type, nor any dual required. The only requirement was one hour of solo Piet time before taking passengers.Perry RhoadsPiet N12939----- Original Message -----