|
-POSTING RULES
-Advertise in here!
-
Today's Posts
|
Insert Pics
Keep VAF
Going
Donate methods
Point your
camera app here
to donate fast.
|
01-15-2012, 08:15 PM
|
 |
|
|
Join Date: Jan 2005
Location: St. Paul, MN.
Posts: 4,816
|
|
Transition training insurance
The guys who came over to do my pre-inspection inspection today both do transition training; both are thinking of no longer doing transition training and it's an issue I haven't heard addressed before, so maybe I missed it.
Apparently, the typical insurance rider for an RV pilot doing transition training is going to go from a ballpark $750, to near $3,000.
This doesn't make much sense to me. The insurance companies WANT we about-to-fly RV pilots to get transition training to keep the number of claims down, and then they're making it more difficult to actually GET it.
Wondering what other CFIs who provide RV transition training are finding in their renewals?
Last edited by LettersFromFlyoverCountry : 01-16-2012 at 09:31 AM.
|
01-15-2012, 08:24 PM
|
|
|
|
Join Date: Jan 2005
Location: Arkansas
Posts: 571
|
|
Insurance cost ?
Hard to believe any CFI can get covered for only $750. Most of us pay well more than that just to fly any RV. Much less doing transition.
Just curious what a regular CFI pays relative to an RV transition CFI. Would think many cfis are covered under an FBO policy of some sort.
Bll S
|
01-15-2012, 08:46 PM
|
 |
|
|
Join Date: Oct 2008
Location: Arlington, WA
Posts: 800
|
|
WOW! I'm paying $1300 for $75k hull and liability. Maybe I should start giving transition training to get my rates lowered to $750! 
__________________
_______________________________
Scott "Grumpy" Stewart
RV-7 N957RV (First Flight on Dec 18, 2009 )
RV-14 N144P (Empennage complete, wings almost complete, fuselage almost complete)
#866 on the Van's RV-7 hobbs
#6563 on Van's generic hobbs
Arlington, WA
|
01-15-2012, 08:59 PM
|
|
|
|
Join Date: May 2010
Location: Denver area
Posts: 272
|
|
Bob is talking about a "rider," as in a charge that is in addition to the base cost of insurance.
|
01-15-2012, 09:50 PM
|
|
|
|
Join Date: Mar 2008
Location: Reno NV
Posts: 546
|
|
Logitech QUICKCAM PRO 9000 Web Cam
My transition training insurance rider was quoted at $1000. Dan
|
01-15-2012, 10:01 PM
|
|
|
|
Join Date: Jan 2005
Location: St. Paul, MN.
Posts: 4,816
|
|
Quote:
Originally Posted by BillSchlatterer
Hard to believe any CFI can get covered for only $750. Most of us pay well more than that just to fly any RV. Much less doing transition.
Just curious what a regular CFI pays relative to an RV transition CFI. Would think many cfis are covered under an FBO policy of some sort.
Bll S
|
It's $750 above and beyond the regular premium. As I indicated in the original post, it's the rider that's $750. It's not the entire policy. |
01-16-2012, 06:15 AM
|
 |
|
|
Join Date: Jan 2005
Location: Louisville, Ga
Posts: 7,885
|
|
Nope
I don't hold a transition training 'rider' for that reason.
Best,
__________________
Rv10 Sold
46 years ag pilot/CFI
Air Tractor 502/PT-6
Building RV-12, Wings, fuse, emp complete. FWF in progress.
|
01-16-2012, 07:27 AM
|
|
|
|
Join Date: Feb 2008
Location: Taylorsville, GA
Posts: 748
|
|
That's pretty consistant with the additional premium to insure a certified airplane for commercial instruction, too. There's more risk. That's why it costs more - and why people that rent their airplanes charge money for it.
__________________
Jeff Rhodes - Taylorsville, GA
RV-9, 7 - going fast
BC-12D - going slow
jrhodes@v1salesmgt.com
|
01-16-2012, 08:12 AM
|
|
|
|
Join Date: Jan 2005
Location: St. Paul, MN.
Posts: 4,816
|
|
My question is how many people are giving up giving transition training -- or considering giving up transition training -- because of this unexplained jump?
|
01-16-2012, 08:13 AM
|
|
|
|
Join Date: Jan 2005
Location: Dallas, TX
Posts: 114
|
|
Insurance Costs
That is the way it is, about $750 per aircraft on top of the regular premium. Add to that maintenance costs and you find yourself with a very small margin at the end of the year. Sometimes I think it is not worth the liability exposure.
I tried to get a one $750 charge for all the three airplanes I do training in, since I fly only one at the time. They said $750 per aircraft even do you are not flying them all at the same time. 
Alex D |
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -6. The time now is 10:23 PM.
|
