The Murphy Builders Site

For thought: It seems i hear from guys insurance runs from a min of 5000
to
as high as 10,000 for the Moose ....if you can get it per year. Why don't
we
organize a commitee and create our own insurance company. With 50 Moose
and
several hundred Rebels at those dollars we would have gross income of 2-3
million US dollars a year. Or as things goes the same in CDN funds ???? Ha
Ha.
With this kind of funding we could run a well organized fund and cover
whatever
comes up. We experimantal guys are very safe flyers. In five years i doubt
very much we could wreck 12,000,000 worth of Murphy airplanes. Give it
some
thoughts. I'm will wait your comments.
Randy Bowers
Moose 130




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-----Original Message-----
From: mike.davis@dcsol.com
[mailto:mike.davis@dcsol.com]On Behalf Of Al
Paxhia
Sent: Thursday, November 04, 2004 6:17 PM
To: rebel-builders@dcsol.com
Subject: Re: Insurance...."The Experimental Way"


Randy,
Self insurance for hull only is a great idea. The
lawyers will get the pool
of money if large or small on liability. Another
thought is all members
would share in the rebuild process. Like a barn
raising. The premium funds
could cover parts and expenses for the work crew.
I take it all back, too complicated.
Al
----- Original Message -----
From: <RJBWoodman@aol.com>
To: <rebel-builders@dcsol.com>
Sent: Thursday, November 04, 2004 4:59 PM
Subject: Insurance...."The Experimental Way"

For thought: It seems i hear from guys insurance

runs from a min of 5000

to
as high as 10,000 for the Moose ....if you can get

it per year. Why don't

we
organize a commitee and create our own insurance

company. With 50 Moose

and
several hundred Rebels at those dollars we would

have gross income of 2-3

million US dollars a year. Or as things goes the

same in CDN funds ???? Ha

Ha.
With this kind of funding we could run a well

organized fund and cover

whatever
comes up. We experimantal guys are very safe flyers.

In five years i doubt

very much we could wreck 12,000,000 worth of Murphy

airplanes. Give it

some
thoughts. I'm will wait your comments.
Randy Bowers
Moose 130

-------------------------------------------------------
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For thought: It seems i hear from guys insurance runs from a min of 5000
to
as high as 10,000 for the Moose ....if you can get it per year. Why don't
we
organize a commitee and create our own insurance company. With 50 Moose
and
several hundred Rebels at those dollars we would have gross income of 2-3
million US dollars a year. Or as things goes the same in CDN funds ???? Ha

Ha.
With this kind of funding we could run a well organized fund and cover
whatever
comes up. We experimantal guys are very safe flyers. In five years i doubt
very much we could wreck 12,000,000 worth of Murphy airplanes. Give it
some
thoughts. I'm will wait your comments.
Randy Bowers
Moose 130




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Heck, why not just let Wayne be the "underwriter" for us. And if
we prang it, he could also fix them for half the cost, and keep
our rates down even lower. That way he comes out ahead, and so do
we! Sounds like a no-brainer to me...

Walter

-----Original Message-----
From: mike.davis@dcsol.com
[mailto:mike.davis@dcsol.com]On Behalf Of Al
Paxhia
Sent: Thursday, November 04, 2004 6:17 PM
To: rebel-builders@dcsol.com
Subject: Re: Insurance...."The Experimental Way"


Randy,
Self insurance for hull only is a great idea. The
lawyers will get the pool
of money if large or small on liability. Another
thought is all members
would share in the rebuild process. Like a barn
raising. The premium funds
could cover parts and expenses for the work crew.
I take it all back, too complicated.
Al
----- Original Message -----
From: <RJBWoodman@aol.com>
To: <rebel-builders@dcsol.com>
Sent: Thursday, November 04, 2004 4:59 PM
Subject: Insurance...."The Experimental Way"

For thought: It seems i hear from guys insurance

runs from a min of 5000

to
as high as 10,000 for the Moose ....if you can get

it per year. Why don't

we
organize a commitee and create our own insurance

company. With 50 Moose

and
several hundred Rebels at those dollars we would

have gross income of 2-3

million US dollars a year. Or as things goes the

same in CDN funds ???? Ha

Ha.
With this kind of funding we could run a well

organized fund and cover

whatever
comes up. We experimantal guys are very safe flyers.

In five years i doubt

very much we could wreck 12,000,000 worth of Murphy

airplanes. Give it

some
thoughts. I'm will wait your comments.
Randy Bowers
Moose 130

-------------------------------------------------------
----------

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---------------------------------------------------------------

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Heck, why not just let Wayne be the "underwriter" for us. And if
we prang it, he could also fix them for half the cost, and keep
our rates down even lower. That way he comes out ahead, and so do
we! Sounds like a no-brainer to me...

Walter

-----Original Message-----
From: mike.davis@dcsol.com
[mailto:mike.davis@dcsol.com]On Behalf Of Al
Paxhia
Sent: Thursday, November 04, 2004 6:17 PM
To: rebel-builders@dcsol.com
Subject: Re: Insurance...."The Experimental Way"


Randy,
Self insurance for hull only is a great idea. The
lawyers will get the pool
of money if large or small on liability. Another
thought is all members
would share in the rebuild process. Like a barn
raising. The premium funds
could cover parts and expenses for the work crew.
I take it all back, too complicated.
Al
----- Original Message -----
From: <RJBWoodman@aol.com>
To: <rebel-builders@dcsol.com>
Sent: Thursday, November 04, 2004 4:59 PM
Subject: Insurance...."The Experimental Way"

For thought: It seems i hear from guys insurance

runs from a min of 5000

to
as high as 10,000 for the Moose ....if you can get

it per year. Why don't

we
organize a commitee and create our own insurance

company. With 50 Moose

and
several hundred Rebels at those dollars we would

have gross income of 2-3

million US dollars a year. Or as things goes the

same in CDN funds ???? Ha

Ha.
With this kind of funding we could run a well

organized fund and cover

whatever
comes up. We experimantal guys are very safe flyers.

In five years i doubt

very much we could wreck 12,000,000 worth of Murphy

airplanes. Give it

some
thoughts. I'm will wait your comments.
Randy Bowers
Moose 130

-------------------------------------------------------
----------

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username "rebel" password "builder"
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For thought: It seems i hear from guys insurance runs from a min of 5000

as high as 10,000 for the Moose ....if you can get it per year. Why don't

organize a commitee and create our own insurance company. With 50 Moose

several hundred Rebels at those dollars we would have gross income of 2-3
million US dollars a year. Or as things goes the same in CDN funds ???? Ha

With this kind of funding we could run a well organized fund and cover

comes up. We experimantal guys are very safe flyers. In five years i doubt
very much we could wreck 12,000,000 worth of Murphy airplanes. Give it

thoughts. I'm will wait your comments.
Randy Bowers
Moose 130




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From: "Scott Aldrich" <sa@mwutah.com>
Reply-To: <rebel-builders@dcsol.com>
To: <rebel-builders@dcsol.com>
Subject: RE: Insurance...."The Experimental Way"
Date: Thu, 4 Nov 2004 20:04:36 -0700

Yup, that is one reason it would be a tough one.

But for very low premiums I would think guys would be more than happy (I
would anyway) to get a box of shinny new aluminum parts, forget the labor.

Scott

-----Original Message-----
From: mike.davis@dcsol.com [mailto:mike.davis@dcsol.com] On Behalf Of Wayne
G. O'Shea
Sent: Thursday, November 04, 2004 7:46 PM
To: rebel-builders@dcsol.com
Subject: Re: Insurance...."The Experimental Way"

Think I'll stay out of this one and you let me know what the conclusion is
!
)

Just remember guys....what you think the damage value is and what I (or who
ever else the adjuster uses for an estimate) estimate the damage at are too
whole different things and could make or break the first thing that comes
out of an adjusters mouth..." when the value of the recovery + the cost of
repairs = x% of the face value of the policy we take the airplane and write
you a cheque for the face value - the deductible". This is where under
insuring can get you into more trouble than not bothering to carry hull
insurance at all! Nothing worse than loosing that perfectly good engine,
prop, full rack of radios and instruments to the insurance company for a
cheque for less than they're worth... if you are lowballing your airplanes
value with no consideration for labour expenses to build it. Yes of course
you usually get first right of refusal to buy back your wreck...but they
generally won't tell you what they will want until you accept to take their
cheque first. If you were underinsured for say $70,000 and they want
$30,000
to $40,000 for your salvage are you gaining or paying again on top of all
those premiums??

Cheers,
Wayne

----- Original Message -----
From: "Walter Klatt" <Walter.Klatt@shaw.ca>
To: <rebel-builders@dcsol.com>
Sent: Thursday, November 04, 2004 9:27 PM
Subject: RE: Insurance...."The Experimental Way"

Heck, why not just let Wayne be the "underwriter" for us. And if
we prang it, he could also fix them for half the cost, and keep
our rates down even lower. That way he comes out ahead, and so do
we! Sounds like a no-brainer to me...

Walter

-----Original Message-----
From: mike.davis@dcsol.com
[mailto:mike.davis@dcsol.com]On Behalf Of Al
Paxhia
Sent: Thursday, November 04, 2004 6:17 PM
To: rebel-builders@dcsol.com
Subject: Re: Insurance...."The Experimental Way"


Randy,
Self insurance for hull only is a great idea. The
lawyers will get the pool
of money if large or small on liability. Another
thought is all members
would share in the rebuild process. Like a barn
raising. The premium funds
could cover parts and expenses for the work crew.
I take it all back, too complicated.
Al
----- Original Message -----
From: <RJBWoodman@aol.com>
To: <rebel-builders@dcsol.com>
Sent: Thursday, November 04, 2004 4:59 PM
Subject: Insurance...."The Experimental Way"

runs from a min of 5000 it per year. Why don't company. With 50 Moose have gross income of 2-3 same in CDN funds ???? Ha organized fund and cover In five years i doubt airplanes. Give it -------------------------------------------------------
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Interesting thought Randy. Could the coverage through this proposed group
extend to US Moose owners?
Dick Shotwell
Moose 096
N235DS
Twin Falls, ID