Originally posted by TheSollyLama
SNIP
SNIP
Worse, since that secondary is only useful for flying model planes in specific locations. It's not bloody likely to ever be useful. But the primary, however is for your entire life and MUCH more likely to see activity.
One of the biggest problems in this hobby is all the nameless people who insist on spreading B*A*D information. All that does is stir things up and prevents people interested in finding solutions from getting REAL information and spreading it around for others to consider in a normal human fashion.
Lets start with the repeated comments about exclusive location requirements. AMA insurance coverage is in effect for any AMA member flying any place as long as the Safety Code is followed. There are N*O* requirements for the flying site to be approved in advance. To say otherwise is to intentionally try to deliver damage to our organization with comments that are clearly made of common fertilizer.
The next area where there seems to be some misunderstanding being spread about concerns the "secondary" nature of the coverage and what that term MEANS. Someone wondered if they would have been covered while renting an apartment without renters insurance. The term secondary means that the AMA coverage takes over for the AMA member when he has no insurance or his primary carrier is finished according to the previously agreed to liability limits of that particular policy. Remember that most mortgage lenders only REQUIRE fire and extended coverage, not the Homeowner portion which has the liability component. If you don't believe that one, call your agent and ask.
THAT MEANS: All AMA members have coverage limits of at least the amount of the AMA policy and if the Safety Code was followed that is available. The ONLY place where the AMA coverage is SECONDARY is where there is another carrier available. In other words if you have homeowners (or renters) insurance coverage, the liability portion of that policy pays first.
Now as far as the amount of the AMA coverage think about how much your life is worth TODAY. How much would it take to insure your wife and kids life style would not have to change because you died? That is part of the logic behind the level of coverage the AMA has arranged for. Comparing the level of AMA insurance coverage with what many carry for auto liability limits is sort of like comparing the Beech D-18 to a 767. They both have two engines and were both designed to carry people.
FYI. I have been told that there have been SEVERAL very large claims paid by the AMA in the last few years. I have been lead to believe that there are a couple of outstanding claims that will probably result in large payouts in the system today. Those two pieces of information support a much larger policy than most carry for auto coverage.