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What does this mean to our hobby?

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What does this mean to our hobby?

Old 04-10-2020, 05:45 AM
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YellowBlueBird
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Default What does this mean to our hobby?



This came as a loose page of exclusions to my latest lability policy.

Does this mean AMA insurance will go up?
Does any one know how much AMA spends to settle claims ?
Does any ne knw how much home owners insurance has spent to settle claims involving model airplanes?

Jerry
Old 04-10-2020, 10:53 PM
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FUTABA-RC
 
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If you are an AMA member you can log into the AMA site and view the financial documents, including an insurance summary in the member's only area. 2018 is the most recent year.

Lots of home owner's policies are now excluding models, so people need to confirm coverage.
Old 04-11-2020, 10:38 AM
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YellowBlueBird
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Since AMA requires that you file on your other insurance first this could be a significant hit.

Thanks for the reply I did not know that they posted that information

jerry
Old 04-12-2020, 10:41 PM
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RainbowStalin
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Thank you for starting this topic, OP. Now I know more about insurance.
Old 05-09-2020, 06:06 AM
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emanue1
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It turned out to be very useful to me. Thank.

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