[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: REFLECTOR: Insurance
I have been working with an insurance broker in the Chicago area since
1991 and am satisfied with the pricing I have gotten from him. I started
out with only a Cherokee 180, then bought a twin Navion in 1992. When
our local EAA chapter had a oresentation by Avemco, I asked about cost
for both aircraft and was told "We won't insure the Navion".
I am currently carrying All risk 1 mil (1000 ded), 100K per passenger on
the Cherokee with 25 K on the hull and all risk not in motion (1000 ded)
with 1 mil liability (excluding passengers) and 20K on the Navion hull.
The Navion is not flying. Annual premium $1724. I also have 31 K
work in progess with 10%ded (value established by records) with 1 mil
liability excluding passengers on the 173 Elite in work. Estimated cost
for completed A/C is $700 -900 per annum,.
The broker is: Royal Air, 12159 South Pulaski, Alsip, IL 60658-1299 Ph
708-597-0770. Ask for William H. Piggott, and mention my name.
Lloyd L. Garner DMO333
On Mon, 25 Jan 1999 20:40:34 -0600 "Ron Needham" <email@example.com>
>I just spoke to Avemco this morning to find out what my insurance
>if I decided to make my fixed gear 173 XL a retract and found out some
>They will not insure my plane if I do not meat there requirements .
>First 500 hr total fight time this is not a lot for some but is a long
>They also will not cover me with a Ivo prop or an auto engine
>The IVO prop I could do with out but I had set out on this project
>idea of an auto conversion.
>They also told me there was no difference in cost from RG to Fixed
>I thought this very strange no more charge for a more complex aircraft
>Yet they limit in areas (auto conversion) where I have not herd of any
>of damage or insurance claims because of the conversions gone wrong.
>If any one can enlighten me on some of the other insurance company
>that are out there that I will be able insure me Please let me know.
>I still have plenty of time before this is needed but I just like to
>I stand. and my options in advance
Lloyd L Garner, PE 173 Elite RG DMO333
Retired MDC Fighter Engineer and
1952 Parks College Grad