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Help Reduce AMA's Potential Liability.
Hey, I just reduced AMA's Potential Liability by picking up another
$1,000,000 in PRIMARY Insurance. If everyone would do this, then certainly AMA could reduce payouts and be in a much more favorable position for Insurance quotes/rates. Horrace Cain AMA 539 ________UMA #7160____________ |
Help Reduce AMA's Potential Liability.
That don't make sense. With more prime you would not need AMA. and I will never be able to fly a Muncie!
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AMA Insurance
Having primary insurance outside of the AMA makes very good sense if you don't trust the AMA or their insurance program.
I carry a Umbrealla Liability Insurance policy with $3,000,000 limits. Cost is a little over $200 per year if your Home Owners Policy limits are $300,00. |
Help Reduce AMA's Potential Liability.
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Thanks Horrace. The way you fly we will save mucho... <<<<<<<<<<< Hey, you musta' been watchin' me at our last Fun Fly. I flew like I had never seen an RC before. That was some kinda' BAD!! And Jack M., I totally trust AMA's insurance -- not a problem. However the way Insurance costs are escalating here in TX, I would rather not have to go into my personal policies if I can avoid it. You are getting your Umbrella at about a 50% rate of what I pay USAA for mine. $38 a year for far less restricted PRIMARY, as compared to AMA's secondary, is peanuts to what the increase would be if I hit the personal polices for a million or so. For less than a $100 per year I get far more insurance, UMA & AMA, than commercial provides. Everything together, I could well protect the estate. Heck, I can live with that. IMO, I am better providing for myself and increasing the buffer for AMA against a potential pay-out. Makes sense to me. |
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