Paul,

I think I've figured out what the reason is for the 23% rate increases.
Over the past few months, especially, there have been a number of production
aircraft crashes due to "certified" aircraft engines coming apart.  These
instances have involved rods coming through the crankcase and other
nonrotary parts being defective.  Obviously, they have to recoup their funds
somewhere.

It has recently been pointed out to me that over the past several years, the
EAA has put most, if not all, of their efforts into lobbying for enormous
grants to be used by substantial companies to develop aviation related
products (i.e., small turbofan engines) to be used in aircraft that few of
us will ever be able to even come close to purchasing.  Maybe it's time that
the EAA starts lobbying for the majority of its members in the area of
insurance coverage.  In the infancy of homebuilt aircraft, there were many
sceptics who thought that this movement would not last long.  Today, many of
the homebuilt aircraft available have proven themselves to be safer than the
factory built planes.  Many of you are probably aware of Paul Poberezny's
new organization (SAA) which was started, I believe, out of frustration as
to the direction that the EAA has been heading.  If Tom can't get something
started, maybe Paul (Poberezny) can.  It seems to me that companies like
Avemco would have a lot to lose if there were more alternatives.

Dave Kuc

Check a little closer guys.  AVEMCO's parent company has bought up nearly
all the companies that used to write aircraft insurance.  Now that they have
eliminated the competition, raise rates. There were many aviation insurance
companies, now there are only a few.  many names live on, but they are all
subsidiaries of one big company.

Bill

 
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