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General control line discussion => Open Forum => Topic started by: Ken Culbertson on February 09, 2020, 09:47:28 PM

Title: Putting a price on a PA ship for insurance purposes
Post by: Ken Culbertson on February 09, 2020, 09:47:28 PM
Anybody out there had to put a price on a plane for insurance purposes? 

Ken
Title: Re: Putting a price on a PA ship for insurance purposes
Post by: Brett Buck on February 09, 2020, 09:50:49 PM
Anybody out there had to put a price on a plane for insurance purposes? 

  Whitely did it at one point, and now you have the Yatsenko models as a comp, so $4000 or so?

    Brett
Title: Re: Putting a price on a PA ship for insurance purposes
Post by: FLOYD CARTER on February 10, 2020, 11:58:57 AM
I find it strange you would want to insure a model.  For what purpose?  Fire?  Theft?  That would be highly unlikely. I doubt any insurance co. would consider insurance against crash damage. 
Title: Re: Putting a price on a PA ship for insurance purposes
Post by: Brett Buck on February 10, 2020, 12:06:37 PM
I find it strange you would want to insure a model.  For what purpose?  Fire?  Theft?  That would be highly unlikely. I doubt any insurance co. would consider insurance against crash damage.

  His house burned down, with airplanes in it.

  Brett
Title: Re: Putting a price on a PA ship for insurance purposes
Post by: John Lindberg on February 10, 2020, 12:07:12 PM
Considering the price of paint (and glue), I would say something north of $2000.00  %^@
Title: Re: Putting a price on a PA ship for insurance purposes
Post by: Ken Culbertson on February 10, 2020, 01:06:39 PM
Considering the price of paint (and glue), I would say something north of $2000.00  %^@
That is a reasonable figure and what I was looking for.  I just got off of the phone with our adjuster and as luck would have it,  he comes from an RC family so he knows what goes into them.  I will confirm this with everybody  when I get the check but he said that a price from a reputable builder for a similar plane would qualify.  Keep in mind that our planes are covered under the "contents" part of a policy.  Thank God that my agent talked me into full replacement cost a couple of years ago.