REFLECTOR: Fwd: Re: Insurance Question

Brett Ferrell reflector at velocityxl.com
Mon Jul 22 16:55:40 CDT 2013


Yep, that or an instrument rating is what we've been told.



--
Brett Ferrell
reflector at velocityxl.com



On Mon, Jul 22, 2013, at 04:32 PM, Kevin Baker wrote:

Oh ...

Huh that's interesting...

 I didnt realize 500 tt was a magic number

I thought it was a FG vs RG issue.



Thanks for the info

Kevin Baker

.



On Jul 22, 2013, at 2:23 PM, Brett Ferrell
<[1]reflector at velocityxl.com> wrote:



Mine's FG too, the 500 hours are the difference for you.... if we had
500 hours we could get insurance as well.

--
Brett Ferrell
[2]reflector at velocityxl.com




On Mon, Jul 22, 2013, at 02:38 PM, Kevin Baker wrote:

Fwiw

I was able to get full coverage quote w/ 1m lil, ect  for a elite FG
173 for about $2100-$2400 depend on insur company thru Costello without
a problem.

I know its a FG but just for a datapoint



I have approximately 500hrs tt , no claims



Thks

Kevin Baker



.



On Jul 22, 2013, at 1:17 PM, Brett Ferrell
<[3]reflector at velocityxl.com> wrote:



Nope, that's what we're getting as well.   A couple of underwriter's
have left the market.  We still need to check Avemco, but we're being
told that 500 hours or I think it was 350 and an instrument rating.

Yes, we had hull, can't even get liability now.

Yes, factory check-out

No claims

We had worked through AUA, last two years with SkySmith, with
Britt/Paulk as underwriter.  Currently being told that nobody will
quote us.

--
Brett Ferrell
[4]reflector at velocityxl.com



On Mon, Jul 22, 2013, at 11:28 AM, Scott Derrick wrote:

I know a couple guys having problems getting insurance as co-owners of
a

Velocity STD RG.



They both have about 350 hours TT, with 100+ complex.



Nobody appears willing to offer them a quote?  Per their story they are

being told 500 or 1,000 hrs TT minimum?  I'm having a hard time

believing this?



Anybody here recently get a "new" insurance policy for their RG with

similar or less hours?  Geoff just posted he got a policy last year
with

100 hrs TT.



A few relevant questions...



How many TT and complex hours did you have when you got the policy?



Did you get Hull insurance?



Did you take the factory training?



Have you ever had a prior claim?



Who did you get your policy with?



I would greatly  appreciate any info, posted here or sent to me
directly

at [5]scott at tnstaafl.net.



I will anonymize anythign I forward to the two guys searching for a

policy.



thanks,



Scott





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References

1. mailto:reflector at velocityxl.com
2. mailto:reflector at velocityxl.com
3. mailto:reflector at velocityxl.com
4. mailto:reflector at velocityxl.com
5. mailto:scott at tnstaafl.net
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