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Old 04-15-2017, 01:29 PM   #29
Pescador12
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Join Date: Dec 2016
Location: USA
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Quote:
Originally Posted by Nashville View Post
The guy in Ft Lauderdale is running minipro guided tours and either does or does not have liability insurance. I asked him who is coverage is with and he refuses to say.
He has to be a licensed business to run those tours. To get the license to give rides to people, I would think liability insurance is required by the local government.

Two reasons to not give out your insurance information. First is to avoid people targeting him for a fraudulent insurance claim. A fake fall during his tour because they know he has high levels of insurance coverage and will easily settle out of court.

Airplane manufacturers have to carefully balance their insurance. Having too much insurance just attracts claims. Everyone wants to dip their cup in if you are found to have a large pot of gold.

A second reason would be not to help potential business competitors. Why waste your time?
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