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  #1  
Old 05-04-2009, 04:20 PM
Jim Wright Jim Wright is offline
 
Join Date: Dec 2006
Location: Alaska AK00
Posts: 101
Default Insurance

I just rented a hangar and the hangar owner requires that I have insurance on the aircraft (RV-8A). The aircraft is in dead storage, not flying. AVEMCO wanted 1256.00 a year just to sit in the hangar. Does anyone have any suggestions.
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  #2  
Old 05-04-2009, 04:29 PM
RVadmirer RVadmirer is offline
 
Join Date: Dec 2006
Location: Kalifornia
Posts: 466
Default Skysmith

I'm going with these folks next:

Scott "Sky" Smith
SkySmith Insurance Agency
518 SW 3rd St, Suite B
Ankeny, IA 50023-3048
Phone: 515-289-1439 or 800-743-1439
Fax: 515-964-0431 or 773-326-0690

www.skysmith.com
Insuring your Wings, Wheels & Water Adventures....since 1985
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  #3  
Old 05-04-2009, 04:40 PM
Guy Prevost's Avatar
Guy Prevost Guy Prevost is offline
 
Join Date: Jan 2005
Location: albuquerque, nm
Posts: 1,167
Default

When I took out a builder's risk policy a few years ago, EAA was the cheapest. Unfortunately, they had specific limits on each part of the plane, which didn't line up too well with my project.

Guy
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Guy Prevost
Albuquerque, NM
RV-8a Built, Enjoyed, Sold
Two Kids: Built, Enjoying
RV-10, Bought, Rebuilt, Enjoying
Build / First Flight Video: http://www.youtube.com/watch?v=8f9HXzZT1dE
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  #4  
Old 05-04-2009, 04:49 PM
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SMO SMO is offline
 
Join Date: Oct 2007
Location: Salmon Arm, BC
Posts: 933
Default Marsh?

Canadian Owners and Pilots Association has liability insurance for bodily injury (excluding passengers) and property damage, $1,000,000 in coverage costs $200 per year. This insurance follows the pilot, not for a specific airplane. Adding a hangar endorsement for $1,000,000 per occurance adds another $175 per year for a total of $375. These are all Canadian dollars (almost free in $US).

Can you find Marsh in the U.S.?
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Mark Olson
1987 RV-4 Sold
2003 Super Decathlon - Sold
F1 EVO Rocket, first flight May 31/14
First in line for the Sonex JSX-2T kit
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  #5  
Old 05-04-2009, 05:12 PM
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Chino Tom Chino Tom is offline
 
Join Date: Jun 2005
Location: Chino, CA
Posts: 738
Default

Try Jenny at NationAir. 877-475-5860. I had builders insurance with
them and they had an additional endorsement for the hangar which added
$35/yr to the policy.
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Tom Prokop
Chino, CA
RV-8A,180/CS/Carb, AFS 4500 EFIS/EMS
RV-6, sold, 820 hrs of fun.
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  #6  
Old 05-04-2009, 05:17 PM
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Vern Vern is offline
 
Join Date: Jan 2005
Location: Peachtree City, Ga
Posts: 1,039
Thumbs up Ditto's for Jenny

Great service and good prices.
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Awarded FAA "The Wright Brothers 'Master Pilot' Award"- for 50 years safe flying

RV-6A N680V / RV-10QB N353RV
Luscombe 8E N2423K 50+years
Hatz Biplane N2423Z soon to be birthed
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KFFC Hanger D-30
Peachtree City, Ga
770 310-7169
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  #7  
Old 05-04-2009, 05:25 PM
Mel's Avatar
Mel Mel is offline
 
Join Date: Mar 2005
Location: Dallas area
Posts: 10,762
Default

Quote:
Originally Posted by RVadmirer View Post
I'm going with these folks next:
Scott "Sky" Smith
SkySmith Insurance Agency
518 SW 3rd St, Suite B
Ankeny, IA 50023-3048
Phone: 515-289-1439 or 800-743-1439
Fax: 515-964-0431 or 773-326-0690
www.skysmith.com
Insuring your Wings, Wheels & Water Adventures....since 1985
Scott has taken good care of me for several years.
__________________
Mel Asberry, DAR since the last century.
EAA Flight Advisor/Tech Counselor, Friend of the RV-1
Recipient of Tony Bingelis Award and Wright Brothers Master Pilot Award
USAF Vet, High School E-LSA Project Mentor.
RV-6 Flying since 1993 (sold)
<rvmel(at)icloud.com>
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  #8  
Old 05-04-2009, 06:01 PM
LifeofReiley's Avatar
LifeofReiley LifeofReiley is offline
 
Join Date: Jan 2005
Location: Round Rock, TX
Posts: 3,778
Default

Quote:
Originally Posted by Jim Wright View Post
I just rented a hangar and the hangar owner requires that I have insurance on the aircraft (RV-8A). The aircraft is in dead storage, not flying. AVEMCO wanted 1256.00 a year just to sit in the hangar. Does anyone have any suggestions.

$695.00 with Avemco first year, $395.00 second year on... all you need is liabilty $1,000,000.00
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Reiley
Retired N622DR - Serial #V7A1467
VAF# 671
Repeat Offender / Race 007
Friend of the RV-1
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  #9  
Old 05-04-2009, 07:23 PM
roadrunner20's Avatar
roadrunner20 roadrunner20 is offline
 
Join Date: Feb 2005
Location: Bay Pines, FL (based @ KCLW)
Posts: 1,955
Default

Avemco quoted me last year twice the amount of anyone else for full coverage. This year, I sent 2 RFQs and then never responded.

I buy liability only for 1,000,000 and is what the airport authority requires.
I paid $355. My local homeowners broker wrote the contract this time. The liability side is usually about 300 but is almost doubled when written for liability only without the hull coverage.

Ask your local insurance company to write a liability only as I believe you may get a better deal as they waive some charges.

Other brokers/agencies may chime in here.
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Danny "RoadRunner" Landry
Morphed RV7(formally 7A), N20DL, PnP Pilot
1190+ hours
2019 Donation Paid
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  #10  
Old 05-04-2009, 08:14 PM
alpinelakespilot2000 alpinelakespilot2000 is offline
 
Join Date: Jan 2005
Posts: 3,642
Default

Liability only through Jenny at NationAir = $250/yr. This covers the counties need for $1 mil of coverage.
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Steve M.
Ellensburg WA
RV-9 Flying, 0-320, Catto

Donation reminder: Jan. 2021
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