Van's Air Force
Don't miss anything! Register now for full access to the definitive RV support community.
2012 Insurance
- Thread starter JDRhodes
- Start date
Lycosaurus
Well Known Member
EAA Global Insurance
Beyond the $$$
Our RV9A sustained damage from the 2011 Sun n Fun tornado, however we were able to fly it back home.
While the damage did not seem substantial, it did require a lot of work and $ to repair. The adjuster was great to work with.
We had just insured with EAA/Global. We now have the dubious distinction of being the first Canadian claimant for EAA insurance.
Insurance renewal this year was a no-brainer for us ... especially given that our rates did not go up. I hope we do not need their help again, but have confidence that if we do need it they will be there for us.
Two thumbs up.
Beyond the $$$
Our RV9A sustained damage from the 2011 Sun n Fun tornado, however we were able to fly it back home.
While the damage did not seem substantial, it did require a lot of work and $ to repair. The adjuster was great to work with.
We had just insured with EAA/Global. We now have the dubious distinction of being the first Canadian claimant for EAA insurance.
Insurance renewal this year was a no-brainer for us ... especially given that our rates did not go up. I hope we do not need their help again, but have confidence that if we do need it they will be there for us.
Two thumbs up.
Greg Arehart
Well Known Member
**** shoot
Insurance seems a **** shoot. I know a lot of folks that when they change get a better rate. For me, my insurance went down by almost $600 in December when I changed to EAA insurance. I think it went down everywhere, but EAA was $300 less than the quote from my previous insurance.
Note that I got $0 from insurance after my engine failure in Dec 2010. If I had just managed to ding a prop or something, the whole thing would have been covered but because I was able to land without incident (which I guess was really a good thing!) they covered nothing. You can probably guess my opinion of the insurance industry....
Greg
Insurance seems a **** shoot. I know a lot of folks that when they change get a better rate. For me, my insurance went down by almost $600 in December when I changed to EAA insurance. I think it went down everywhere, but EAA was $300 less than the quote from my previous insurance.
Note that I got $0 from insurance after my engine failure in Dec 2010. If I had just managed to ding a prop or something, the whole thing would have been covered but because I was able to land without incident (which I guess was really a good thing!) they covered nothing. You can probably guess my opinion of the insurance industry....
Greg
ron sterba
Well Known Member
OK. My insurance man said he's coming over on Monday to discuss the contents of my hangar. I guess to raise rates. QB9A hope to be flying in June 2012. So what kind of Rates can I look at with full coverage and a Plane value at $80,000.00 Bucks? You all mentioned EAA / Global, Chartis. Are there insurers that you all can recommend with Rates with-in $75-$100 bucks. Need to get a feel for it. You have seen the Commercial about the couple where the wife says (its always about the BOAT. The boat this, and the boat that, THE BOAT THE BOAT THE BOAT. Then you seen the two on the boat and the husband is eating popcorn while the wife just sits there! Well my wife said as soon as the plane (QBRV9A) is flying you are going to sell it! NOT GOING TO HAPPEN!@$%%^%*(&*( So I need a area that I can work on as far as rates go. Any help much appreciated!
Ron
Ron
Ron Lee
Well Known Member
Now that this appears in writing on the internet it is fact
1) Percentage of adult US women who fly RVs: 0.0000005 %
2) Percentage of adult US women enjoy flying with their husbands and encourage his passion: 0.000032 %
3) Percentage of adult US women who tolerate his flying but have no interest in it: 0.0001 %
4) Percentage of adult US women who hate the RV: 0.000008 %
I am still looking for a single woman from Group 1 but will settle for a woman in Group 2...maybe even Group 3.
1) Percentage of adult US women who fly RVs: 0.0000005 %
2) Percentage of adult US women enjoy flying with their husbands and encourage his passion: 0.000032 %
3) Percentage of adult US women who tolerate his flying but have no interest in it: 0.0001 %
4) Percentage of adult US women who hate the RV: 0.000008 %
I am still looking for a single woman from Group 1 but will settle for a woman in Group 2...maybe even Group 3.
E. D. Eliot
Well Known Member
Find a great lawyer
and cut your losses NOW. Husband and wife should SUPPORT each other - period. In my experience, you are better off with no wife than one who doesn't support (respect) you. Don't wait for her to sue you - get crackin.
and cut your losses NOW. Husband and wife should SUPPORT each other - period. In my experience, you are better off with no wife than one who doesn't support (respect) you. Don't wait for her to sue you - get crackin.
Depends - Depends - Depends... Are you a student pilot or ATP? IFR? How much total time? Rule of thumb, you're probably looking at around $1,500 - $1,700 a year. But I can't guess within $75 - $100 without some details.
ron sterba
Well Known Member
Well guys,,,,Good observation and stats.I can tell you I have mulled it over thinner than pizza crust!.................Breath..............OK Jeff I do have a IFR rating and Complex aircraft and 40 yrs of flying but mostly high wing. I'm planning Cherokee check-out this month for the next 5 months of low wing. I hope it will help as well as some trans time with a Instructor named Mike Seager,,,,I believe in Portland Oregon. I guess I'll get on line to tomorrow and my insurance man canceled today's meeting rescheduled for Weds of this week. I'll get back to you all.
Ron
Ron
Worth noting - Insurance policies don't cover mechanical breakdown, only accidental damage. Don't let this be a surprise. And don't let it affect your opinon of the industry. Insurance pays exactly what the policy that you bought SAYS it will pay. If the transmission in your car goes out, you wouldn't even think of filing an insurance claim for it, and airplanes are no different.
If you had dinged a prop, the insurance policy would have paid to fix the prop (and and engine teardown inspection and reassembly, if required). But, it still wouldn't have paid to fix whatever problem the engine had to cause the original failure.
Again - the transmission goes out in the car and you bump into a telephone pole when you pull off the road. Insurance will fix the dent, but not the transmission.
Sam Buchanan
been here awhile
Yeah...that Seager guy knows something about RV instructing...............
August, 1999; http://thervjournal.com/seager.html
Last edited:
ron sterba
Well Known Member
My insurance man canceled his Wed meeting with me but I did ask for a quote from EAA for myQBRV9A. Haven't heard yet. Let you all know how much it is ASAP. Thanks Sam, Jeff , and Greg and all the guys whom added here. Times tuff now-a-days you know.
Ron
Ron
Last edited:
erich weaver
Well Known Member
The SL-30 com in a tip-up -7A owned by my airport buddy went out due to rain water infiltration and insurance covered it, so it doesnt hurt to ask if you are uncertain whether it falls under mechanical breakdown or accidental damage.
erich
Nope. Very similar.
The SL-30 didn't fail from mechinal breakdown. It failed from water infiltration - an outside source caused damage. That's you occurance that triggers the coverage.
