REFLECTOR:More Insurance Woes
Bob Hugel
reflector@tvbf.org
Tue, 6 May 2003 15:30:34 -0400
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Larry,
I called Avemco on Thursday of last week to ask about Builders Insurance.
They told me that they do not insure Velocity Kits because they felt that
since they do not insure the plane when it is complete it was not fair to
insure the kit. This seems like a recent change on their part.
I was quoted for a $60K replacement cost kit, $600/yr by Falcon on the same
day (I'm instrument rated). Falcon suggested that I call Avemco because
they felt that Avemco could do a better price, but as it turns out, they
will not bother.
Today, I emailed Pam with all the particulars and I'm awaiting a response on
price.
Bob
-----Original Message-----
From: reflector-admin@tvbf.org [mailto:reflector-admin@tvbf.org]On Behalf
Of Milehitaz@aol.com
Sent: Tuesday, May 06, 2003 2:46 PM
To: reflector@tvbf.org
Subject: Re: REFLECTOR:More Insurance Woes
I am using Avemco for builders insurance. It runs me about 450 a year.
Your right, it's very strange that they will offer me the build Ins, and the
cheapest in the biz, but don't want me when it comes time to fly. Oh well.
Best to all,
Larry
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<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D105402619-06052003>Larry,</SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D105402619-06052003>I=20
called Avemco on Thursday of last week to ask about Builders =
Insurance. =20
They told me that they do not insure Velocity Kits because they felt =
that since=20
they do not insure the plane when it is complete it was not fair to =
insure the=20
kit. This seems like a recent change on their =
part.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D105402619-06052003></SPAN></FONT> </DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D105402619-06052003>I was=20
quoted for a $60K replacement cost kit, $600/yr by Falcon on the same =
day (I'm=20
instrument rated). Falcon suggested that I call Avemco because =
they felt=20
that Avemco could do a better price, but as it turns out, they will not=20
bother.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D105402619-06052003></SPAN></FONT> </DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN =
class=3D105402619-06052003>Today,=20
I emailed Pam with all the particulars and I'm awaiting a response on=20
price.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial color=3D#0000ff size=3D2><SPAN=20
class=3D105402619-06052003>Bob</SPAN></FONT></DIV>
<BLOCKQUOTE>
<DIV class=3DOutlookMessageHeader dir=3Dltr align=3Dleft><FONT =
face=3DTahoma=20
size=3D2>-----Original Message-----<BR><B>From:</B> =
reflector-admin@tvbf.org=20
[mailto:reflector-admin@tvbf.org]<B>On Behalf Of=20
</B>Milehitaz@aol.com<BR><B>Sent:</B> Tuesday, May 06, 2003 2:46=20
PM<BR><B>To:</B> reflector@tvbf.org<BR><B>Subject:</B> Re: =
REFLECTOR:More=20
Insurance Woes<BR><BR></FONT></DIV><FONT face=3Darial,helvetica><FONT =
lang=3D0=20
face=3DTahoma color=3D#0000ff size=3D3 FAMILY=3D"SANSSERIF">I am using =
Avemco for=20
builders insurance. It runs me about 450 a year. Your right, it's very =
strange=20
that they will offer me the build Ins, and the cheapest in the biz, =
but don't=20
want me when it comes time to fly. Oh well. Best to =
all,<BR>Larry</FONT>=20
</FONT></BLOCKQUOTE></BODY></HTML>
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