REFLECTOR: Reflector: Insurance

[Mark Magee]

Jack,
You are correct. They are worried about a gear up landing. If you don't do the work that could be 100k+ mistake. I studied film of a P3 crew: 3 brains in the cockpit (2 pilots + NFO) calling the LANDING CHECKLIST multiple times and the bird still came down gear up. Until the electronics geniuses give us a simple fail safe device to ensure we don't land gear up, the pilot is the weak link and the insurance companies will demand that link be strengthened via time or training.

Mark B. Magee
Sent from IPhone 4S

On Dec 27, 2012, at 5:14 PM, "Jack Prock" <jackprock at wavecable.com> wrote:

>>> There is a reason the insurance comp. require that time.  They don't like paying for lawn dart flights.
> 
> HA!  I'm pretty sure if I become a lawn dart, having the landing gear down won't help much!!
> 
> I think they are worried about becoming a runway number scrubber!!
> 
> -----Original Message----- From: Scott Derrick
> Sent: Thursday, December 27, 2012 4:10 PM
> To: Velocity Aircraft Owners and Builders list
> Subject: Re: REFLECTOR: Reflector: Insurance
> 
> When I bought my first plane, a Bonanza, I had about 20 hours retract
> time in an Arrow and Mooney.  The insurance company still required 10
> hours dual in my Bonanza, followed by 10 solo before I could carry
> passengers.
> 
> Why people think they can just buy into a retract with a smattering of
> training is beyond me.
> 
> If you had 20 hours of retract, I'm sure you could negotiate a dual/solo
> time requirement.
> 
> There is a reason the insurance comp. require that time.  They don't
> like paying for lawn dart flights.
> 
> Scott
> 
> -------- Original Message --------
> Subject: REFLECTOR: Reflector: Insurance
> From: Jack Prock <jackprock at wavecable.com>
> To: Velocity Aircraft Owners and Builders list <reflector at tvbf.org>
> Date: 12/27/2012 04:55 PM
> 
>> HI,
>> 
>> Finally taking the project out to the airport next week, with a
>> potential first flight late spring or early summer.
>> Started calling around to get insurance and EAA Falcon is now requiring
>> 50 hours of retract time
>> before they will even quote for flying insurance. I can get ground,
>> (non- moving) with liability,
>> but asked about flight insurance for if and when I get there. Man that
>> seems high on the retract time.
>> 
>> I know the insurance discussion has bounced around the Reflector, but
>> does anyone have any
>> other ideas for flight insurance?
>> 
>> I currently have zero retract time, but plan on getting checked out and
>> renting a retract then flying
>> with Velocity before first flight. But 50 hours seems REALLY high!!
>> 
>> Jack
>> 
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> -- 
> Even if you're on the right track, you'll get run over if you just sit
> there.
> Will Rogers
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