REFLECTOR: Insurance update
Geoff Gerhardt
geoff.gerhardt at gmail.com
Tue Aug 7 16:45:54 CDT 2012
Folks,
So, I ended up going with Avemco. Apparently they're the only company you
can go to directly (others you need to go thru a broker). I contacted over
3 brokers (including the one recommended by Velocity) and none were able to
give me a quote. It seems its the RG that is the problem. Avemco req'd
10hrs retract time and the Velocity transition training, others were
requiring a min of 50hrs RG time. The premium is just shy of $1K for $1M
liability (no hull). Also, they will adjust the premium as soon as I get
to 48hrs in type.
Last weekend I took an Arrow out for ~4hrs to build up retract time. It
was an ancient bird. I had planned to do the NY VFR corridor, but it only
had one working radio and the transponder "sort of" worked, so I didn't
feel comfortable taking it on a long XC. I need another couple hours, so
I'll put them in later this week before first flight.
Tomorrow morning, the FAA rep comes over for an airworthiness inspection -
I'll let you know how it goes...
Geoff
N173VS (173RG)
http://thegerhardts.com/velocity
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