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  #1  
Old 03-01-2016, 12:28 PM
stevep stevep is offline
 
Join Date: Aug 2015
Location: Boston
Posts: 20
Default Insurance Cover

Has anyone contacted insurance companies yet for the RV 14A? Do you think they will accept RV 7A time? Just thinking ahead!
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  #2  
Old 03-01-2016, 12:32 PM
jswareiv jswareiv is offline
 
Join Date: Dec 2006
Location: New Orleans, LA
Posts: 474
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Quote:
Originally Posted by stevep View Post
Has anyone contacted insurance companies yet for the RV 14A? Do you think they will accept RV 7A time? Just thinking ahead!
Yes, I have insurance with Avemco and have 350 hours in a RV-7. They require 2 hours of dual in the 14. I'm going at the end of this month to fly with Mike Seager for 5.
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First RV-14 Flight 04/17/2016
Serial #140087, N214SW - Sold
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  #3  
Old 03-01-2016, 12:51 PM
stevep stevep is offline
 
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Location: Boston
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Thanks, so Mike is doing training on the RV 14?
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  #4  
Old 03-01-2016, 12:56 PM
jswareiv jswareiv is offline
 
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Location: New Orleans, LA
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Originally Posted by stevep View Post
Thanks, so Mike is doing training on the RV 14?
Yes we will fly N144VA. However, if you are flying the nosedragger, I'm guessing you will fly 214VA.
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First RV-14 Flight 04/17/2016
Serial #140087, N214SW - Sold
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  #5  
Old 03-01-2016, 02:44 PM
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Tilford Tilford is offline
 
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Location: KY
Posts: 102
Default Duration

Stoney,

5 hours with Mike, over how many days? Just trying to get a feel for how much time, in days, I'll need.

Thanks,
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RV-14A Fuselage Complete.

Last edited by Tilford : 03-01-2016 at 02:48 PM.
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  #6  
Old 03-01-2016, 03:02 PM
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rvbuilder2002 rvbuilder2002 is offline
 
Join Date: Jul 2005
Location: Hubbard Oregon
Posts: 9,035
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Quote:
Originally Posted by Tilford View Post
Stoney,

5 hours with Mike, over how many days? Just trying to get a feel for how much time, in days, I'll need.

Thanks,
With the uncertainty of weather in the N.W. this time of year 5 hrs could take 2 days or 2 weeks.

When weather is good, I think Mike usually does a morning and afternoon session of about 1.5 hr each (at least as you start out), so 5 hrs would be doable in a couple days.
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  #7  
Old 03-01-2016, 03:25 PM
jswareiv jswareiv is offline
 
Join Date: Dec 2006
Location: New Orleans, LA
Posts: 474
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Quote:
Originally Posted by Tilford View Post
Stoney,

5 hours with Mike, over how many days? Just trying to get a feel for how much time, in days, I'll need.

Thanks,
Yes, praying for good weather. I am scheduled for 2 - 2 hour blocks, for 2 days. 10:00 & 3:00 both days.
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Stoney
First RV-14 Flight 04/17/2016
Serial #140087, N214SW - Sold
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  #8  
Old 03-01-2016, 03:38 PM
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M McGraw M McGraw is offline
 
Join Date: Dec 2012
Location: Greenback, TN
Posts: 534
Default Aircraft and Marine Assurance

Quote:
Originally Posted by stevep View Post
Has anyone contacted insurance companies yet for the RV 14A? Do you think they will accept RV 7A time? Just thinking ahead!
Aircraft and Marine Assurance is a VAF supporter and an excellent insurance broker. They quoted me an RV14 insurance cost before I started building. I have been with them about 30 years with multiple aircraft. They always beat Avemco and always by a large margin. You should give them a call.
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Marvin McGraw, 5TN4
RV-14. #140039 Complete
Flight hours: 500+
2020 Dues Paid
The Dues Paid note is a reminder for me
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  #9  
Old 03-01-2016, 04:42 PM
JDBoston JDBoston is offline
 
Join Date: Oct 2007
Location: Boston Area
Posts: 284
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anyone care to share what they were quoted for rv-14 insurance? What did you choose for hull value? Obviously the factors are many, however for planning purposes it would be nice to know the ballpark figure.
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RV-14A
Status: Wings complete(ish), Working on: Empennage. Fuselage kit on order
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  #10  
Old 03-01-2016, 05:36 PM
jswareiv jswareiv is offline
 
Join Date: Dec 2006
Location: New Orleans, LA
Posts: 474
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Quote:
Originally Posted by JDBoston View Post
anyone care to share what they were quoted for rv-14 insurance? What did you choose for hull value? Obviously the factors are many, however for planning purposes it would be nice to know the ballpark figure.
I would guess there are several factors. Are you going to have a loan on the plane, or have you paid cash? If you paid cash, you can decide what the hull value is, if not, it will be based on the loan of the aircraft. They also look at your hours, but that doesn't make a lot of difference, to the best of my knowledge. I don't have my "airborne" insurance yet, just insurance on the plane sitting in the hangar and that's about $900 per year for the value of the plane, which I think is going to be around $145K. I expect to have that much invested in the plane once I have paid for everything. I will have to change the policy once I am ready for 1st flight, so I can't help you with policy amounts of a flying airplane.
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First RV-14 Flight 04/17/2016
Serial #140087, N214SW - Sold
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