REFLECTOR:More Insurance Woes

Ronnie Brown reflector@tvbf.org
Tue, 6 May 2003 09:53:06 -0400


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Insurance woes!  

----- Original Message -----
From: "Ronnie Brown" <romott@adelphia.net>
To: "Jim Nelson" <jnelson@falconinsurance.com>
Sent: Friday, April 25, 2003 8:33 AM
Subject: Re: Quote on the Velocity


> Thanks for trying.  This is nearly double the previous quote in November
> ($550 same coverage) and much more training required.  I already have 22
> hours and 39 full stop landings in my Velocity.  The requirement for
> additional training in my aircraft can't be accomplished until the 40
flight
> test hours are flown off.
>
> Insurance is costing more, with more restrictions and exceptions, more
> training requirements. Won't be long, and Falcon will be out there with
> Avemco!
>
> When should I reapply (how many hours in type, how many full stop
landings,
> etc.) with a more reasonable yearly premium?  THE REPLY WAS THERE WILL NOT BE ANY REDUCTIONS IN PREMIUM!
>
> Regards,
> Roland Brown
>
>
> ----- Original Message -----
> From: "Jim Nelson" <jnelson@falconinsurance.com>
> To: <romott@adelphia.net>
> Sent: Tuesday, April 22, 2003 2:41 PM
> Subject: Quote on the Velocity
>
>
> > Roland:
> >
> > Here is a quote for liability only for you.  Please note the additional
> dual
> > requirements at the bottom.  If you have any questions, please contact
me.
> >
> > FROM:  JIM NELSON  FAX 512-891-8483 PHONE:  1-866-647-4322
> > DATE:  4/22/03
> >
> >
> > EMAIL QUOTE REQUEST
> >
> >
> > NAME INSURED: Roland Brown
> > ADDRESS: 20106 Norman Colony Road
> > CITY/STATE/ZIP CODE: Cornelius, NC  28031-7143
> > OCCUPATION: Retired EAA Number:  YES
> >
> > CURRENT INS. CO.: Just completed EXPIRATION DATE:
> >
> > AIRCRAFT: 2002 Velocity 173 RG, N713MR, 4 seats
> >
> > AIRCRAFT STATUS/
> > LOCATION: Hangared at Lake Norman
> >
> > AIRCRAFT USE(S): Pleasure and Business Use, excluding any operation
> > for which a charge is made.
> >
> > HULL VALUE:  $0
> > HULL PREMIUM:  $
> >
> > DEDUCTIBLES: NOT-IN-MOTION:   $0          IN-MOTION:  $0
> >
> > LIMIT OF LIABILITY:  $500,000 Combined single limit bodily injury and
> > property damage limited to $100,000 bodily injury per passenger.
> > LIABILITY PREMIUM:  $1000
> >
> > MEDICAL PAYMENTS:  $1,000 PER PASSENGER (CREW INCLUDED)
> > MEDICAL PREMIUM:  $15
> >
> >
> > TOTAL ANNUAL PREMIUM:  $1015
> >
> > PILOT INFORMATION: Roland Brown, 58, PVT, ASEL-I, 890TT, 14 R/G, 14MM
> > no lvw
> > ***Roland must log an additional 10 hours
> > dual flight instruction in the insured aircraft to include 10 take off
and
> > landings to a full stop.  He must then log 5 hours solo time prior to
> > carrying passengers.  The CFI giving the instruction must have 1500TT,
> 500RG
> > and 50 hours in Velocity RG's.
> >
> > OPW: Named pilots only.
> >
> >
> > REMARKS: Roland Brown has successfully attend and completed the Velocity
> > in-flight training school for this aircraft.
> >
> > Jim Nelson e-mail:  jnelson@falconinsurance.com
> >


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<DIV><FONT size=3D2>
<DIV><FONT size=3D2><FONT size=3D3>Insurance woes!&nbsp; =
</FONT></FONT></DIV>
<DIV><FONT size=3D2><FONT size=3D3><BR>----- Original Message =
-----<BR>From: "Ronnie=20
Brown" &lt;</FONT><A href=3D"mailto:romott@adelphia.net"><FONT=20
size=3D3>romott@adelphia.net</FONT></A><FONT size=3D3>&gt;<BR>To: "Jim =
Nelson"=20
&lt;</FONT><A href=3D"mailto:jnelson@falconinsurance.com"><FONT=20
size=3D3>jnelson@falconinsurance.com</FONT></A><FONT =
size=3D3>&gt;<BR>Sent: Friday,=20
April 25, 2003 8:33 AM<BR>Subject: Re: Quote on the =
Velocity<BR><BR><BR>&gt;=20
Thanks for trying.&nbsp; This is nearly double the previous quote in=20
November<BR>&gt; ($550 same coverage) and much more training =
required.&nbsp; I=20
already have 22<BR>&gt; hours and&nbsp;39 full stop landings in my=20
Velocity.&nbsp; The requirement for<BR>&gt; additional training in my =
aircraft=20
can't be accomplished until the 40<BR>flight<BR>&gt; test hours are =
flown=20
off.<BR>&gt;<BR>&gt; Insurance is costing more, with more restrictions =
and=20
exceptions, more<BR>&gt; training requirements. Won't be long, and =
Falcon will=20
be out there with<BR>&gt; Avemco!<BR>&gt;<BR>&gt; When should I reapply =
(how=20
many hours in type, how many full stop<BR>landings,<BR>&gt; etc.) with a =
more=20
reasonable yearly premium?&nbsp; THE REPLY WAS THERE WILL NOT BE ANY =
REDUCTIONS=20
IN PREMIUM!<BR>&gt;<BR>&gt; Regards,<BR>&gt; Roland=20
Brown<BR>&gt;<BR>&gt;<BR>&gt; ----- Original Message -----<BR>&gt; From: =
"Jim=20
Nelson" &lt;</FONT><A href=3D"mailto:jnelson@falconinsurance.com"><FONT=20
size=3D3>jnelson@falconinsurance.com</FONT></A><FONT =
size=3D3>&gt;<BR>&gt; To:=20
&lt;</FONT><A href=3D"mailto:romott@adelphia.net"><FONT=20
size=3D3>romott@adelphia.net</FONT></A><FONT size=3D3>&gt;<BR>&gt; Sent: =
Tuesday,=20
April 22, 2003 2:41 PM<BR>&gt; Subject: Quote on the=20
Velocity<BR>&gt;<BR>&gt;<BR>&gt; &gt; Roland:<BR>&gt; &gt;<BR>&gt; &gt; =
Here is=20
a quote for liability only for you.&nbsp; Please note the =
additional<BR>&gt;=20
dual<BR>&gt; &gt; requirements at the bottom.&nbsp; If you have any =
questions,=20
please contact<BR>me.<BR>&gt; &gt;<BR>&gt; &gt; FROM:&nbsp; JIM =
NELSON&nbsp; FAX=20
512-891-8483 PHONE:&nbsp; 1-866-647-4322<BR>&gt; &gt; DATE:&nbsp;=20
4/22/03<BR>&gt; &gt;<BR>&gt; &gt;<BR>&gt; &gt; EMAIL QUOTE =
REQUEST<BR>&gt;=20
&gt;<BR>&gt; &gt;<BR>&gt; &gt; NAME INSURED: Roland Brown<BR>&gt; &gt; =
ADDRESS:=20
20106 Norman Colony Road<BR>&gt; &gt; CITY/STATE/ZIP CODE: Cornelius, =
NC&nbsp;=20
28031-7143<BR>&gt; &gt; OCCUPATION: Retired EAA Number:&nbsp; =
YES<BR>&gt;=20
&gt;<BR>&gt; &gt; CURRENT INS. CO.: Just completed EXPIRATION =
DATE:<BR>&gt;=20
&gt;<BR>&gt; &gt; AIRCRAFT: 2002 Velocity 173 RG, N713MR, 4 =
seats<BR>&gt;=20
&gt;<BR>&gt; &gt; AIRCRAFT STATUS/<BR>&gt; &gt; LOCATION: Hangared at =
Lake=20
Norman<BR>&gt; &gt;<BR>&gt; &gt; AIRCRAFT USE(S): Pleasure and Business =
Use,=20
excluding any operation<BR>&gt; &gt; for which a charge is made.<BR>&gt; =

&gt;<BR>&gt; &gt; HULL VALUE:&nbsp; $0<BR>&gt; &gt; HULL PREMIUM:&nbsp;=20
$<BR>&gt; &gt;<BR>&gt; &gt; DEDUCTIBLES: NOT-IN-MOTION:&nbsp;&nbsp;=20
$0&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; =
IN-MOTION:&nbsp;=20
$0<BR>&gt; &gt;<BR>&gt; &gt; LIMIT OF LIABILITY:&nbsp; $500,000 Combined =
single=20
limit bodily injury and<BR>&gt; &gt; property damage limited to $100,000 =
bodily=20
injury per passenger.<BR>&gt; &gt; LIABILITY PREMIUM:&nbsp; =
$1000<BR>&gt;=20
&gt;<BR>&gt; &gt; MEDICAL PAYMENTS:&nbsp; $1,000 PER PASSENGER (CREW=20
INCLUDED)<BR>&gt; &gt; MEDICAL PREMIUM:&nbsp; $15<BR>&gt; &gt;<BR>&gt;=20
&gt;<BR>&gt; &gt; TOTAL ANNUAL PREMIUM:&nbsp; $1015<BR>&gt; &gt;<BR>&gt; =
&gt;=20
PILOT INFORMATION: Roland Brown, 58, PVT, ASEL-I, 890TT, 14 R/G, =
14MM<BR>&gt;=20
&gt; no lvw<BR>&gt; &gt; ***Roland must log an additional 10 =
hours<BR>&gt; &gt;=20
dual flight instruction in the insured aircraft to include 10 take=20
off<BR>and<BR>&gt; &gt; landings to a full stop.&nbsp; He must then log =
5 hours=20
solo time prior to<BR>&gt; &gt; carrying passengers.&nbsp; The CFI =
giving the=20
instruction must have 1500TT,<BR>&gt; 500RG<BR>&gt; &gt; and 50 hours in =

Velocity RG's.<BR>&gt; &gt;<BR>&gt; &gt; OPW: Named pilots only.<BR>&gt; =

&gt;<BR>&gt; &gt;<BR>&gt; &gt; REMARKS: Roland Brown has successfully =
attend and=20
completed the Velocity<BR>&gt; &gt; in-flight training school for this=20
aircraft.<BR>&gt; &gt;<BR>&gt; &gt; Jim Nelson e-mail:&nbsp; </FONT><A=20
href=3D"mailto:jnelson@falconinsurance.com"><FONT=20
size=3D3>jnelson@falconinsurance.com</FONT></A><BR><FONT size=3D3>&gt;=20
&gt;</FONT><BR></DIV></FONT></FONT></DIV></BODY></HTML>

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