REFLECTOR: NO Velocity Insurance?

Epstein Lawrence Jay ljepstein at hotmail.com
Sat Mar 15 16:53:18 CDT 2014


(I tried to post this earlier, but I never saw it).

I believe that the main issue is with the RG. I don’t think it is as hard to get the FG insured. (I was able to get Full flight, (effective March 1) $100k hull + liability for my 173 FG which is getting close to first flight. I have ~550 total time, Private, Instrument, SEL-~350 Hrs bonanza time).
What some have done is disable the retract mechanism and insure the aircraft as a FG, then re-apply for RG insurance down the road (after you have enough (100 hrs?) on the aircraft with you PIC as a FG.

Just a thought.

Larry E.

My insurance is Chartis through (broker): 
Packer & Associates
Richard Packer – Aviation Insurance
5266 Mooney Road, Radnor, OH 43066
740-494-2554 FAX 740-494-2748
paainc at aircraftinsurance.net

He’s the guy with the beautiful Stearman who is always parked right in front of the vintage hanger @ OSH

On Mar 15, 2014, at 3:40 PM, Don Johnston <numa at comcast.net> wrote:

> I've had my builders policy through Don Peters at AirSouth for a few years.  He has pretty much guaranteed me coverage for when I'm ready to fly.
> 
> On Saturday, March 15, 2014, jeff findarle <flynfindarle at yahoo.com> wrote:
> OK Friends, I am just about ready to paint my Velo 173 RG. So last year when I thought I was going to be ready to fly her, but instead decided to re-paint. I had called a number of insurance companies and had NO LUCK at all getting any quotes for hull coverage.
> I did however have a good response from Don Adams with AirSouth (Very nice and knowledgeable and works hard and responds quickly). SO I just tried again with Don this week. He tried a bunch of companies including: Aerospace, Global, Starr, AIG, HCC. Randy Kasen with Aerospace said that regardless of pilot times, they are not interested in coverage on the Velocity.
> Sure would like to know why all these insurance companies are scared to DEATH of our little birds?
> I have 402 hrs (27 hrs last 6 Months), 25 hrs Retract time, COMPLEX, non Instrument (I want to see what I am going to hit)! Rated single engine land.
> Any ideas?
> Thank you, Jeff
> 
> TEAM JEFF Real Estate
> 
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>  PRES.-Wasatch Co Association of Realtors
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> 
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