Quote:
Originally Posted by PerfInit
there is a good chance it was or will get reported to FSDO.
Yes.
Quote:
Originally Posted by PerfInit
Get your FAR/AIM and review NTSB 830 just in case.
Yes. The problem here may be in assessing the dollar value of the damage...it's probably near the threshold and you may not know the answer until the repairs are complete. You may need a lawyer to advise you how to proceed in the case of an unknown damage amount.
Quote:
Originally Posted by PerfInit
Retain the paragraph you have written here in case a written statement is requested, such as from an insurance co.
Yes. If I had seen the original post earlier I would have done you a favor and deleted it but it's probably too late now. Anything you say from here on out should not contradict this post.
In the grand scheme of things this will be a fairly minor glitch in your career. I suspect the biggest issue may be financial responsibility...whoever insured the airplane you were flying will get sued, and they may very well turn around and sue you. This is called subrogation, and typically means the owner is protected by the policy, but the insurer can then sue any renters/CFI's to recoup THEIR losses. You need to get smart on the details of the insurance and talk to a lawyer if subrogation is a possibility.