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  #1  
Old 10-27-2009, 09:53 PM
Steve Barnes Steve Barnes is offline
 
Join Date: Jul 2008
Location: Santa Rosa, CA
Posts: 580
Default Insurance Woes

I am soon to test fly an RV9 for a builder, and he's decided to put just liability insurance on it. He's listed me, with about 2000hrs RV and rocket time, and himself with 175 TT (not recent). They said he needed a two hour RV9 check out and he would be covered too. They quoted him $2000. I pay the same company $675 for a Rocket (same coverage). Is this consistent with other builders experience? Advice welcome.

Steve Barnes The Builders Coach
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  #2  
Old 10-27-2009, 09:58 PM
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L.Adamson L.Adamson is offline
 
Join Date: Apr 2005
Location: KSLC
Posts: 4,021
Default

My 6A was $1852 for hull & liability (first year), or $600 for liability only. I now have liability only. A 9A owner I know, has roughly the same prices that I quoted. He has two other pilots listed on his policy. He's also on mine, but won't be flying my plane anymore because of liability only.

L.Adamson --- RV6A
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  #3  
Old 10-28-2009, 05:50 AM
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pierre smith pierre smith is offline
 
Join Date: Jan 2005
Location: Louisville, Ga
Posts: 7,840
Default Too high

Check your PM's Steve,

Regards,
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RV-10, 510 TT
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Air Tractor AT 502B PT 6-15 Sold
Air Tractor 402 PT-6-20 Sold
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It's never skill or craftsmanship that completes airplanes, it's the will to do so,
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  #4  
Old 10-28-2009, 08:08 AM
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MrNomad MrNomad is offline
 
Join Date: Mar 2006
Location: Tucson, AZ
Posts: 823
Default A little steep

I pay $1700 with 75k hull on a 9A. W/o hull it was $1k. The 9 is hangared.

They wanted 5 hours of flight on the airplane before they would insure at all.
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  #5  
Old 10-31-2009, 04:35 PM
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roadrunner20 roadrunner20 is offline
 
Join Date: Feb 2005
Location: Bay Pines, FL (based @ KCLW)
Posts: 1,955
Default

For liability only, I was paying ~$650 from Falcon for my first 2 years.
Last year, I purchased thru my local broker who carries my homeowners.
They secured it from AIG for $350. I suspect they may have waived a portion of their commision.

At the time, I only had about 12 hours RV including 5 hours transition training.
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Morphed RV7(formally 7A), N20DL, PnP Pilot
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  #6  
Old 10-31-2009, 08:52 PM
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Greg Arehart Greg Arehart is offline
 
Join Date: Jul 2007
Location: Delta, CO/Atlin, BC
Posts: 2,389
Default Similar data point

My 9A has $75k on hull plus liability, obtained in December just before my first flight. I had ~5 hours transition training in a 6A and 9A. Cost for insurance was $1800/year.

greg
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  #7  
Old 11-01-2009, 04:30 AM
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Geico266 Geico266 is offline
 
Join Date: Feb 2005
Location: Huskerland, USA
Posts: 5,862
Default

Quote:
Originally Posted by Steve Barnes View Post
I am soon to test fly an RV9 for a builder, and he's decided to put just liability insurance on it. He's listed me, with about 2000hrs RV and rocket time, and himself with 175 TT (not recent). They said he needed a two hour RV9 check out and he would be covered too. They quoted him $2000. I pay the same company $675 for a Rocket (same coverage). Is this consistent with other builders experience? Advice welcome.

Steve Barnes The Builders Coach
The higher cost is due to the builders lack of recent experience. It will come down next year of he flies.
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RV-10 : In the hangar
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  #8  
Old 11-01-2009, 06:06 AM
m3tt5 m3tt5 is offline
 
Join Date: Apr 2007
Location: Biggsville ILL
Posts: 82
Default Jim Nelson

How do I get ahold of Jim Nelson?
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