DavidHarris
Well Known Member
Folks,
I presently have 1M/100k coverage on my Vans RV-7A. I am 48 years old, have 1800 hours total and 240 hours in type, with commercial and instrument ratings. Falcon just quoted me $938 to renew coverage through Global Aerospace, which seems reasonable in light of the current market. Of that, $121 is for liability and $817 is for damage, with a $130k hull value.
I ask my agent each year about what it would take to qualify for $1M smooth liability coverage, and am told I'm not yet qualified but never get a clear response about what qualifications would be required.
Can anyone in this group share your experience about whether experimental pilots can get $1M smooth coverage at a reasonable rate these days, what qualifications are required, and who sells it?
Thank you,
David
I presently have 1M/100k coverage on my Vans RV-7A. I am 48 years old, have 1800 hours total and 240 hours in type, with commercial and instrument ratings. Falcon just quoted me $938 to renew coverage through Global Aerospace, which seems reasonable in light of the current market. Of that, $121 is for liability and $817 is for damage, with a $130k hull value.
I ask my agent each year about what it would take to qualify for $1M smooth liability coverage, and am told I'm not yet qualified but never get a clear response about what qualifications would be required.
Can anyone in this group share your experience about whether experimental pilots can get $1M smooth coverage at a reasonable rate these days, what qualifications are required, and who sells it?
Thank you,
David