Bryan Wood
Well Known Member
My policy is coming up for renewel again soon and thought I'd ask what others are paying and how they like their broker. I currently use Nationair and have been happy with them, but insurance is one of those things that just screams to shop around. I'm curious what people are paying and for what.
Also the question of terrorist insurance for small planes has been bouncing around in my head. For those of you building or who haven't renewed in a while the law now apparently states that unless you specifically decline this coverage a $10 charge will be added to your policy to add the coverage. My first thought was that this is silly, but the more I thought about it I decided to take the coverage. (This will be the 2nd year) While I can't see an RV being used in a terrorist act, if an RV was going to be stolen and used for this purpose it just might be one painted like the US flag. For this reason I took the insurance. It's only ten dollars, or about 2 gallons less of av gas. Does anybody know what this insurance actually covers if the unthinkable happens?
Last year I paid $1918 with $80,000 hull, 1 million... I was then charged $35 extra to have my policy read with a mandated paragraph by the county where I live listing everybody for all practical purposes in case of an accident. The airport is listed, the employees at the airport, the criminals that they bus in to work on the field are listed, etc. etc. I'm wondering if any of you have had to add something like this, and if so do they charge every year to do it again. In other words I'm trying to nail down if this charge is from the broker, or the insurer.
Another question is about getting quotes. Somebody once told me that a company will only quote you once. Here's a hypothetical to explain my question. I call broker A and he quotes after submitting my info to the companies he sells insurance for. I then call broker B and he is irritated because broker A already beat him to the actual insurers. They will not quote for Broker B. Do I have this right? This was the explanation that was given to me after several un-returned calls seeking quotes from a popular RV broker. The broker took my info, but never got back to me. When I would call the messages were never returned. Is there a trick to buying insurance, or did I get lucky and have a non motivated broker show his true colors prior to taking my money? My gut is telling me that when they checked the door was slammed in their face by the insurance company as explained above. Please, how does this work?
Last years info: Rate $1918, private/no instrument, 350TT, 180 in type. $80K hull
This years info: Rate ?????????????, " ", 500TT, 320 in type.
Best,
Also the question of terrorist insurance for small planes has been bouncing around in my head. For those of you building or who haven't renewed in a while the law now apparently states that unless you specifically decline this coverage a $10 charge will be added to your policy to add the coverage. My first thought was that this is silly, but the more I thought about it I decided to take the coverage. (This will be the 2nd year) While I can't see an RV being used in a terrorist act, if an RV was going to be stolen and used for this purpose it just might be one painted like the US flag. For this reason I took the insurance. It's only ten dollars, or about 2 gallons less of av gas. Does anybody know what this insurance actually covers if the unthinkable happens?
Last year I paid $1918 with $80,000 hull, 1 million... I was then charged $35 extra to have my policy read with a mandated paragraph by the county where I live listing everybody for all practical purposes in case of an accident. The airport is listed, the employees at the airport, the criminals that they bus in to work on the field are listed, etc. etc. I'm wondering if any of you have had to add something like this, and if so do they charge every year to do it again. In other words I'm trying to nail down if this charge is from the broker, or the insurer.
Another question is about getting quotes. Somebody once told me that a company will only quote you once. Here's a hypothetical to explain my question. I call broker A and he quotes after submitting my info to the companies he sells insurance for. I then call broker B and he is irritated because broker A already beat him to the actual insurers. They will not quote for Broker B. Do I have this right? This was the explanation that was given to me after several un-returned calls seeking quotes from a popular RV broker. The broker took my info, but never got back to me. When I would call the messages were never returned. Is there a trick to buying insurance, or did I get lucky and have a non motivated broker show his true colors prior to taking my money? My gut is telling me that when they checked the door was slammed in their face by the insurance company as explained above. Please, how does this work?
Last years info: Rate $1918, private/no instrument, 350TT, 180 in type. $80K hull
This years info: Rate ?????????????, " ", 500TT, 320 in type.
Best,
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