REFLECTOR:More Insurance Woes

Scott Derrick reflector@tvbf.org
Tue, 06 May 2003 10:43:06 -0600


I don't know if AUA has special "Builder's" insurance.
Are you sure she understood what you wanted.

Funny but all the stories I've heard say that Avemco still offers the 
best builders insurance. Its once your flying that they turn from friend 
to Fiend.

Scott

Brian Michalk wrote:
> Strange.
> 
> I talked to Pam to get insurance.
> 
> I'm getting a loan for avionics, and am thinking the bank is going to want
> the airplane insured while it sits in my house, in my garage, getting built.
> 
> I was quoted $1300/year for this.
> 
> 
>>-----Original Message-----
>>From: reflector-admin@tvbf.org [mailto:reflector-admin@tvbf.org]On
>>Behalf Of Scott Derrick
>>Sent: Tuesday, May 06, 2003 9:16 AM
>>To: reflector@tvbf.org
>>Subject: Re: REFLECTOR:More Insurance Woes
>>
>>
>>Tell Falcon to take a long walk on a short pier.
>>
>>Can Ron get insurance from AUA?  I just renewed this week and for $1M
>>liability and non-flight $85K Hull for less than $900 total.  I could
>>have got in-flight hull/liability for $1700.
>>
>>Call Pam at AUA or email her: pam@auaonline.com
>>
>>Scott
>>
>>Ronnie Brown wrote:
>>
>>>Insurance woes!
>>>
>>>----- Original Message -----
>>>From: "Ronnie Brown" <romott@adelphia.net <mailto:romott@adelphia.net>>
>>>To: "Jim Nelson" <jnelson@falconinsurance.com
>>><mailto:jnelson@falconinsurance.com>>
>>>Sent: Friday, April 25, 2003 8:33 AM
>>>Subject: Re: Quote on the Velocity
>>>
>>>
>>> > Thanks for trying.  This is nearly double the previous quote
>>
>>in November
>>
>>> > ($550 same coverage) and much more training required.  I
>>
>>already have 22
>>
>>> > hours and 39 full stop landings in my Velocity.  The requirement for
>>> > additional training in my aircraft can't be accomplished until the 40
>>>flight
>>> > test hours are flown off.
>>> >
>>> > Insurance is costing more, with more restrictions and
>>
>>exceptions, more
>>
>>> > training requirements. Won't be long, and Falcon will be out
>>
>>there with
>>
>>> > Avemco!
>>> >
>>> > When should I reapply (how many hours in type, how many full stop
>>>landings,
>>> > etc.) with a more reasonable yearly premium?  THE REPLY WAS THERE
>>>WILL NOT BE ANY REDUCTIONS IN PREMIUM!
>>> >
>>> > Regards,
>>> > Roland Brown
>>> >
>>> >
>>> > ----- Original Message -----
>>> > From: "Jim Nelson" <jnelson@falconinsurance.com
>>><mailto:jnelson@falconinsurance.com>>
>>> > To: <romott@adelphia.net <mailto:romott@adelphia.net>>
>>> > Sent: Tuesday, April 22, 2003 2:41 PM
>>> > Subject: Quote on the Velocity
>>> >
>>> >
>>> > > Roland:
>>> > >
>>> > > Here is a quote for liability only for you.  Please note
>>
>>the additional
>>
>>> > dual
>>> > > requirements at the bottom.  If you have any questions,
>>
>>please contact
>>
>>>me.
>>> > >
>>> > > FROM:  JIM NELSON  FAX 512-891-8483 PHONE:  1-866-647-4322
>>> > > DATE:  4/22/03
>>> > >
>>> > >
>>> > > EMAIL QUOTE REQUEST
>>> > >
>>> > >
>>> > > NAME INSURED: Roland Brown
>>> > > ADDRESS: 20106 Norman Colony Road
>>> > > CITY/STATE/ZIP CODE: Cornelius, NC  28031-7143
>>> > > OCCUPATION: Retired EAA Number:  YES
>>> > >
>>> > > CURRENT INS. CO.: Just completed EXPIRATION DATE:
>>> > >
>>> > > AIRCRAFT: 2002 Velocity 173 RG, N713MR, 4 seats
>>> > >
>>> > > AIRCRAFT STATUS/
>>> > > LOCATION: Hangared at Lake Norman
>>> > >
>>> > > AIRCRAFT USE(S): Pleasure and Business Use, excluding any operation
>>> > > for which a charge is made.
>>> > >
>>> > > HULL VALUE:  $0
>>> > > HULL PREMIUM:  $
>>> > >
>>> > > DEDUCTIBLES: NOT-IN-MOTION:   $0          IN-MOTION:  $0
>>> > >
>>> > > LIMIT OF LIABILITY:  $500,000 Combined single limit bodily
>>
>>injury and
>>
>>> > > property damage limited to $100,000 bodily injury per passenger.
>>> > > LIABILITY PREMIUM:  $1000
>>> > >
>>> > > MEDICAL PAYMENTS:  $1,000 PER PASSENGER (CREW INCLUDED)
>>> > > MEDICAL PREMIUM:  $15
>>> > >
>>> > >
>>> > > TOTAL ANNUAL PREMIUM:  $1015
>>> > >
>>> > > PILOT INFORMATION: Roland Brown, 58, PVT, ASEL-I, 890TT,
>>
>>14 R/G, 14MM
>>
>>> > > no lvw
>>> > > ***Roland must log an additional 10 hours
>>> > > dual flight instruction in the insured aircraft to include
>>
>>10 take off
>>
>>>and
>>> > > landings to a full stop.  He must then log 5 hours solo
>>
>>time prior to
>>
>>> > > carrying passengers.  The CFI giving the instruction must
>>
>>have 1500TT,
>>
>>> > 500RG
>>> > > and 50 hours in Velocity RG's.
>>> > >
>>> > > OPW: Named pilots only.
>>> > >
>>> > >
>>> > > REMARKS: Roland Brown has successfully attend and completed the
>>>Velocity
>>> > > in-flight training school for this aircraft.
>>> > >
>>> > > Jim Nelson e-mail:  jnelson@falconinsurance.com
>>><mailto:jnelson@falconinsurance.com>
>>> > >
>>
>>
>>_______________________________________________
>>To change your email address, visit
>>http://www.tvbf.org/mailman/listinfo/reflector
>>
>>Visit the gallery!  tvbf:jamaicangoose
>>
> 
> 
> _______________________________________________
> To change your email address, visit http://www.tvbf.org/mailman/listinfo/reflector
> 
> Visit the gallery!  tvbf:jamaicangoose
>