REFLECTOR:More Insurance Woes

[Scott Derrick]

Tell Falcon to take a long walk on a short pier.

Can Ron get insurance from AUA?  I just renewed this week and for $1M 
liability and non-flight $85K Hull for less than $900 total.  I could 
have got in-flight hull/liability for $1700.

Call Pam at AUA or email her: pam@auaonline.com

Scott

Ronnie Brown wrote:
> Insurance woes! 
> 
> ----- Original Message -----
> From: "Ronnie Brown" <romott@adelphia.net <mailto:romott@adelphia.net>>
> To: "Jim Nelson" <jnelson@falconinsurance.com 
> <mailto: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 
> <mailto:jnelson@falconinsurance.com>>
>  > To: <romott@adelphia.net <mailto: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 
> <mailto:jnelson@falconinsurance.com>
>  > >