ORIGINAL: Hossfly
Not so in my opinion. When I consider the amount I pay for HO insurance for a paltry $300,000 liability protection and what I "pay" AMA for two-million additional coverage and protection, actually I think I am getting the free ride. My Liability Umbrella Policy also costs significantly more than AMA, but if it saves the farm some day then it's a good investment.
Those really getting a "FREE ride" are those that have no primary liability insurance and AMA serves that purpose. OTOH, I am very happy that they're covered should they do me damage.[8D]
C'mon Hoss. You're talking out the side of yer mouth like a Democrat, and I know you ain't one of them. Only a small fraction of your HO policy payment goes for liability insurance, on the order of 5% (based on payout stats readily available from the insurance industry). It's an apples and oranges comparison to begin with, but to play your game, both your HO and PUP policies cover your butt in activities vastly more likely to get you in a liability situation. Tell either of those insurance carriers you fly model airplanes and the likely reply is "So What?"
Now tell them you own a Doberman and see if you can count all of your fingers before you get the cancellation notices. The excess coverage provided by AMA is comparable to the life insurance policies sold by vending machine in the airports - you've been there, I know - 2 bits per $million of coverage kind of thing. Insurance is cheap when the payout odds are a zillion to one. You'll get much better odds playing at Keno in Lost Wages.
Abel