"Doug Vetter" wrote in message
et...
Paul Tomblin wrote:
The other flying club on our field has just been told by Avemco that
they
won't insure Piper Lances and other large complex planes for flying
clubs
any more. Since we've got a Lance as well, we're trying to get a
confirmation from Avemco. If true, this is a big blow.

I wonder if they'd insure a Cherokee 6?

A true shame.

Avemco was once the most respected name in aviation insurance. I heard
wonderful stories about how claims were processed practically before
they were filed, and in "borderline" scenarios, they still took care of
their customers. They also insured higher risks at what I'll call a
"reasonable" rate. That kind of service was once worth the premimum
they charged.

However, I lost faith in Avemco when they dropped out of the
experimental market several years ago (and yes, this was WELL before
9/11 so don't believe the hype). Then I heard they started dropping
lots of safely operated light twins. And then most tailwheels. Now
it's Lance's or whatever else their actuaries feel will cost them a few
pennies more to insure. If this keeps up, they'll only be insuring
Cessna 150's with 5000 hour ATP-rated pilots.

Not only that but their terms are not near what other companies offer. So
even if they do insure someone at higher than industry standard rates the
coverage sucks.