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Old 21st Apr 2006, 06:19
  #5 (permalink)  
gassed budgie
 
Join Date: Apr 2005
Location: Lost in the space-time continuum
Posts: 455
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...........and that's something else that's holding back the GA industry. Twelve hours dual in a 210 for insurance reasons ? What exactly are you going to do for twelve hours ?
The insurance industry has experienced around a 600% increase in profits since 9/11. They rank right up there with the banks and oil companies.
Whilst most attention is focused on the dreadful mess that pretends to administer our industry, the insurance companies to a certain extent have been let off the hook.
I received a flyer in the mail recently telling me what a wonderful job this particular insurance was doing and how it was so committed to supporting the GA industry. Yeah right.
They'll screw you for as much as they think the industry will bear and not a cent less. Now doesn't that sound familiar ?
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