REFLECTOR: Builder's Insurance

[Scott Derrick]

OK,

My Non-Flight hull through AUA is $450 for 85K, though they require 
Non-Flight liability which is $150.

Scott

Terrence Miles wrote:

> Scott
> I am going to guess.  The conversation was a while back, but $50,000 
> and $600 premium.  I'll be checking next week and I'll update you.
> Terry
>
>> From: Scott Derrick <scott at tnstaafl.net>
>> Reply-To: Velocity Aircraft Owners and Builders list 
>> <reflector at tvbf.org>
>> To: Velocity Aircraft Owners and Builders list <reflector at tvbf.org>
>> Subject: Re: REFLECTOR: Builder's Insurance
>> Date: Sat, 18 Jun 2005 18:26:06 -0600
>>
>> Terry,
>>
>> whats it cost and how much hull value?
>>
>> Scott
>>
>> Brett Ferrell wrote:
>>
>>> Terry -
>>>
>>> I have USAA also, and they do contract it out, but I never had to 
>>> send any pictures or anything!  I'd be interested in what they do 
>>> for you, because what they gave me is essentially not-in-motion 
>>> coverage, event though it says "construction", and I wonder if yours 
>>> is going to come out cheaper.... They wrote mine with Accord, US 
>>> Aircraft Insurance.
>>>
>>> Brett
>>>
>>> ----- Original Message ----- From: "Terrence Miles" 
>>> <terrence_miles at hotmail.com>
>>> To: <reflector at tvbf.org>
>>> Sent: Saturday, June 18, 2005 10:06 AM
>>> Subject: RE: REFLECTOR: Builder's Insurance
>>>
>>>
>>>> I have USAA.  They do not insure "aircraft parts" under 
>>>> homeowners.  It is a named exclusion that I learned of only by 
>>>> asking.  They make is carry property coverage to an amount equal to 
>>>> 50% of the market value of my house, which is crazy.
>>>>
>>>> They do have an aircraft kit insurance program...but they have 
>>>> controls (you have to provide pic and technical details) to prevent 
>>>> partial coverage insurance.  I think also they could be 
>>>> sub-contracting to another company.  (Or so it seems.)  I have not 
>>>> pursued insurance yet...but I will shortly.
>>>> Terry
>>>>
>>>>> From: "Brian Michalk" <michalk at awpi.com>
>>>>> Reply-To: Velocity Aircraft Owners and Builders list 
>>>>> <reflector at tvbf.org>
>>>>> To: "'Velocity Aircraft Owners and Builders list'" 
>>>>> <reflector at tvbf.org>
>>>>> Subject: RE: REFLECTOR: Builder's Insurance
>>>>> Date: Sat, 18 Jun 2005 08:23:10 -0700
>>>>>
>>>>> Same here.
>>>>>
>>>>> > -----Original Message-----
>>>>> > From: reflector-bounces at tvbf.org
>>>>> > [mailto:reflector-bounces at tvbf.org] On Behalf Of tonybabb
>>>>> > Sent: Friday, June 17, 2005 11:10 PM
>>>>> > To: Velocity Aircraft Owners and Builders list
>>>>> > Subject: Re: REFLECTOR: Builder's Insurance
>>>>> >
>>>>> > I am also building in my garage, the house insurers (Farmers)
>>>>> > said they wouldn't cover a pile of bits that was destined to
>>>>> > become an aircraft.
>>>>> > ----- Original Message -----
>>>>> > From: "lawrence epstein" <ljepstein at hotmail.com>
>>>>> > To: <reflector at tvbf.org>
>>>>> > Sent: Friday, June 17, 2005 4:34 PM
>>>>> > Subject: Re: REFLECTOR: Builder's Insurance
>>>>> >
>>>>> >
>>>>> > > State Farm.
>>>>> > >
>>>>> > > It is considered just another item in my house. Of course,
>>>>> > you may have
>>>>> > > limits on coverage for contents, but that can usually be
>>>>> > increased for a
>>>>> > > fee. The fact that it may someday become an aircraft should 
>>>>> have no
>>>>> > bearing.
>>>>> > > As I understand it, it isn't an Aircraft until it is 
>>>>> registered. (Of
>>>>> > course
>>>>> > > at that point, you may also be subject to various taxes..........
>>>>> > >
>>>>> > >
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>>>>
>>>>
>>>>
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>
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