Chartis (ONE OF the insurers that offers coverage to RVers) send a press release to us aviation insurance brokers announcing changes to their light aircraft system that expands some coverages for experimentals.
It appears that they are lowering rates a little - which they adjust frequently to stay with their compeditors. They are also eliminating the increased deductibles and reduced liability limits for the Phase I period. Again, their compeditors already do this, so they are adjusting to better compete.
Your broker should be showing you all the insurers' quotes each year. Chartis is one of several. Looks like the market is still moving in the buyer's direction for the moment.
It appears that they are lowering rates a little - which they adjust frequently to stay with their compeditors. They are also eliminating the increased deductibles and reduced liability limits for the Phase I period. Again, their compeditors already do this, so they are adjusting to better compete.
Your broker should be showing you all the insurers' quotes each year. Chartis is one of several. Looks like the market is still moving in the buyer's direction for the moment.
