21 May 2025, 05:40 [ UTC - 5; DST ]
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Username Protected
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Post subject: Re: My Rental RV-4 !!  Posted: 19 Dec 2012, 00:38 |
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Joined: 07/07/10
Posts: 4231
Post Likes: +1330
Company: USAF(RET) Lockheed Martin
Location: Ft Worth
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Bryan, Good point. I think that was just my simple way to describe the situation. Tou are technically right. In reality, I have been added as a named pilot on the insurance policy, and contribute a fixed rate per hour of use into my friend's engine, tie-down, and maintenance fund. Part of my pay-in also coveres my part of the higher insurance premium. You are right however and I truly do not "rent" the plane. The intent (and by adding me to the insurance policy) is to kind of make me a part owner/user. PS- I just edited the title of this thread to avert any trouble! 
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Username Protected
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Post subject: Re: My Rental RV-4 !! Posted: 19 Dec 2012, 11:13 |
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Joined: 09/13/08
Posts: 2418
Post Likes: +648
Location: Bakersfield, CA
Aircraft: 260B Comanche
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Nice... I knew it was a typo. Username Protected wrote: Bryan, Good point. I think that was just my simple way to describe the situation. Tou are technically right. In reality, I have been added as a named pilot on the insurance policy, and contribute a fixed rate per hour of use into my friend's engine, tie-down, and maintenance fund. Part of my pay-in also coveres my part of the higher insurance premium. You are right however and I truly do not "rent" the plane. The intent (and by adding me to the insurance policy) is to kind of make me a part owner/user. PS- I just edited the title of this thread to avert any trouble!
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I miss my RV sometimes, mostly the 2,000 fpm climb after takeoff.
