[Elecraft] Rig Insurance

[Dauer, Edward]

The ARRL premium is relatively steep.  But that's probably because it has a $50 deductible and, according to some of the experiences posted on this thread, covers losses that may not qualify as covered "occurrences" under some homeowners' policies.  I just checked my own "scheduled personal property" endorsement.  The cost is on average $0.53 per hundred per year, way less than half of the ARRL premium, varying with the type of property insured.  And because it's an endorsement to a combined home and auto policy, it will cover losses no matter where they happen.   But the deductible is $500 per occurrence and I can't say that the endorsement would cover losses attributable to operator errors (e.g. frying a rig with a reversed polarity power connection.)   Since classically insurance is a way of covering large losses rather than small ones, for me the difference in deductible isn't worth a double or triple premium; but that's an individual preference.

Ted, KN1CBR

Edward A. Dauer
Dean Emeritus and Professor Emeritus of Law
University of Denver



Message: 7
Date: Fri, 7 Aug 2015 21:04:57 -0700
From: "Richard W. Solomon" <w1ksz at earthlink.net<mailto:w1ksz at earthlink.net>>
To: "'Elecraft List'" <elecraft at mailman.qth.net<mailto:elecraft at mailman.qth.net>>
Subject: Re: [Elecraft] Rig Insurance
Message-ID: <000f01d0d18f$64e2ad50$2ea807f0$@net>
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All I found was the rates, $1.40 per $100. Seems a tad steep to me.

73, Dick, W1KSZ



Edward A. Dauer
Dean Emeritus and Professor Emeritus of Law
University of Denver