Originally posted by an aviation underwriter

Seems a teenager with his brand NEW MUSTANG GT wanted to impress some of his buddies at the airport with the handing abilty of his new ride. It was a rainy sort of day, but undeterred, the kid feels 'the show must go on'.

In the aftermath of the incident, his automobile insurance carrier is going to get presented with a bill that will make them loose sleep!

What we have here is a $450,000 Cessna 414 with estimated repair cost around $100,000, not to mention Loss of Use, and true dimunition of value. Anticated total claim around $150,000 by the time all is said and done. Not to mention damage to the kids brand new car.