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09-27-2016, 11:33 AM
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Join Date: Jul 2016
Location: Traverse City, MI
Posts: 15
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RV-7A Insurance
I expect to purchase an RV7A in about a week. I have about 3600 total hours, 3200 of that is complex, retract time in various airplanes. I have no RV7A time but will have 3-4 hours during test flights and familiarity flying in the airplane. What can I expect from insurance companies looking at insuring me?
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09-27-2016, 11:40 AM
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Join Date: Feb 2006
Location: Keller, Texas
Posts: 309
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Arthur J Gallagher, formerly Nationair will do you right, call Jennifer Cummins at (855)538-8267.
You may need 25 hours in your RV type but they are the most reasonable of all.
I'm at around 1K with 400 RV 9A hours
Hope that helps
__________________
Nigel
RV9A-N113SQ
52F
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09-27-2016, 11:50 AM
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Join Date: Jul 2009
Location: Wilsonville, OR
Posts: 453
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Just for a data point with my -7, my first year insurance (included Phase 1 coverage and we only had 10hrs transition training with Mike S.) was $1,800. The second year renewal went down to $1,200.
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Trevor Conroy CFII, MEI
Airbus Pilot
N781TD
RV-7
First Flight - April 12, 2015
Construction Log
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09-27-2016, 12:08 PM
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Join Date: May 2005
Location: Savannah, GA
Posts: 1,301
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Don't forget EAA insurance. They've been real good to me.
__________________
RV-9A at KSAV (Savannah, GA; dual G3X Touch with autopilot, GTN650, GTX330ES, GDL52 ADSB-In)
Previously RV-4, RV-8, RV-8A, AirCam, Cessna 175
ATP CFII PhD, so I have no excuses when I screw up
2020 dues slightly overpaid
Retired - "They used to pay me to be good, now I'm good for nothing."
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09-27-2016, 12:10 PM
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Join Date: Feb 2012
Location: Trenton, SC
Posts: 173
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Mine for my RV6A with Arthur J Gallagher is $1248/yr. I am a 215hr
new PPL.
__________________
Gene Mohr
Ret. US Army
RV6A (purchased), O360, Hartzell C/S prop
Trenton, SC (S17 homebase)
Happily Donated
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09-27-2016, 01:35 PM
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Join Date: Jul 2016
Location: Traverse City, MI
Posts: 15
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Thanks for the responses. Does anyone think it will help to have some hours in an RV12 (the only one I have access to) before taking delivery of the RV7A? This question is for insurance purposes only. Thanks
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09-27-2016, 02:00 PM
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Join Date: Oct 2013
Location: Chesterfield, MO
Posts: 29
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Hi there, please feel free to contact me and I can help you with your questions.
Jennifer_cummins@ajg.com
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Opinions and advice provided by Arthur J. Gallagher & Co. is not intended to be, and should not be construed to be, legal advice. Please direct any request for legal advice to your attorney.
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09-27-2016, 02:00 PM
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Join Date: Mar 2005
Location: DVT Phoenix
Posts: 1,187
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Why not just call Jenny or Shanna 877-577-8267 and ask a pro???
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09-27-2016, 03:10 PM
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Join Date: Feb 2010
Location: Gardnerville Nv.
Posts: 2,828
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Jenny did my ins as well, great service and price
__________________
7A Slider, EFII Angle 360, CS, SJ.
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09-27-2016, 03:17 PM
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Join Date: Jan 2005
Location: St. Paul, MN.
Posts: 4,792
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I've added a couple of ATPs to my plane.
After so many hours, there's only so much impact it will have on your premium.
Generally speaking going into this year, proper transition training, minimum time in an RV, you're going to spend between $1100 and $1300 on an RV with $100,000/$1 million (the standard) and a hull value in the $90k neighborhood
The good news is that quotes being given right now are down about $200 from a year ago.
There are couple of firms out there who actively cater to the RV market. Stick with them. You can lose your shirt in a hurry if you don't.
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