Insurance

Don Jones · #1 12-22-2008, 04:06 PM

I am looking to change insurance companies on my spam can. I got a much cheaper quote from Avemco than my current company(AIG). In general those of you using Avemco, are you happy with them?? Do they
do experimentals? If they do I would like to continue with them after the RV is done. Any other suggestions?

John Clark · #2 12-22-2008, 05:04 PM

In my experience Avemco was fine on "spam cans" but 20% higher than the competition on an Experimental. Your mileage may vary, but I found the best deal (price and added coverage) through the EAA plan with Falcon insurance.

http://www.eaa.org/insurance/

John Clark
RV8 N18U "Sunshine"
KSBA

Vern · #3 12-22-2008, 05:10 PM

Since the goal will ultimately be to insure at RV, contact Jenny Estes at Nationair (jestes@nationair.com / 877 475-5860) and establish a relationship now. She insures many RV's and just gave us a tremendous price on a possible RV trainer plane (a Cessna for those local builders who need training)

robertahegy · #4 12-22-2008, 05:45 PM

I also had good coverage and a good price on my 7A from Falcon.

Roberta

roadrunner20 · #5 12-22-2008, 08:57 PM

My quote from Avemco was about twice that of my previous with Falcon.
I figured they didn't want experimental business.
At the time, I had about 250 RV time, 120 previous year.

N131RV · #6 12-22-2008, 10:21 PM

Quote:

Originally Posted by Don Jones

I am looking to change insurance companies on my spam can. I got a much cheaper quote from Avemco than my current company(AIG). In general those of you using Avemco, are you happy with them?? Do they
do experimentals? If they do I would like to continue with them after the RV is done. Any other suggestions?

NationAir dropped my premium over 50% from Avemco on my Cessna 210. They also insured my RV7A and will be insuring it going forward at a pretty good rate.

YMMV

Don Jones · #7 12-22-2008, 11:04 PM

Quote:

Originally Posted by N131RV

NationAir dropped my premium over 50% from Avemco on my Cessna 210. They also insured my RV7A and will be insuring it going forward at a pretty good rate.

YMMV

That's interesting. Avemco is $200 cheaper than AIG with identical coverages. I am definately going to give NationAir a call.

Oh and by the way, Avemco is still quoting the EAA discount

David Clifford · #8 12-23-2008, 07:16 AM

I insure my C-152 through AIG. They insure the plane for 30% less than the quote I got from Avemco. Aviation Consumer Magazine gave AIG a favorable review a couple issues ago even after the insurance bailout. Of course, I will have to wait a while longer until I need to insure the RV-10 and I may find that the tables turn on Experimental's.

Mel · #9 12-23-2008, 07:21 AM

Quote:

Originally Posted by Don Jones

That's interesting. Avemco is $200 cheaper than AIG with identical coverages. I am definately going to give NationAir a call.

I switched from Avemco to AIG. One big "gotcha" Avemco has is that they only cover family members at 25%. If you have a family member who flies with you very much, that's a big factor.

jlauerman · #10 12-24-2008, 09:33 AM

Mel:

That is not correct. We eliminated the family limitation several years ago, although some agents are still telling people that it is in our policy.

I would encourage all pilots to check with us before taking a competitor's word about what is or is not in our policy. As we are the only direct insurer of general aviation aircraft, if an agent can keep you from contacting us, he or she has kept you from getting the only option to the agency system.

Jim Lauerman
President
Avemco Insurance Company
A subsidiary of HCC Insurance Holdings, Inc.