Paul "OX" Harder
Member
Don't want to start a war, just want to give everyone a heads up on our experience with Avemco Insurance. We called Avemco the day before the first flight of our RV-8. We went ahead and had them bind the insurance so that we could fly the next day. The next day came and we flew without any problems (except for this huge grin I can't get off my face!). Two days later we received a copy of the policy and thought all was in order. The next day we received an addendum to the policy that stated that the aircraft is not covered until it completes ten successful take-offs and landings. We were floored! Thank God nothing happened. We immediately contacted the agent that we dealt with and he proceeded to tell us that he must have been "off his game" that day and forgot to tell us that information. BS in our opinion. Of course we canceled the policy. From our view, Avemco uses a very fraudulent and sneeky way to do business. We have since contacted Falcon Aviation and got a policy at half the cost that covers first flight, pilot and aircraft in phase one and no deductible on the hull (This is through the EAA program). If your thinking about using Avemco to insure your aircraft, don't fly until you receive the written policy and read it. We asked very specific questions at the time we bound the policy and still were not covered.
Paul "OX" Harder
RV-8 969PH in Phase One
Paul "OX" Harder
RV-8 969PH in Phase One