One detail in the devils: SSA insurance also covers rentals up to the hull value of your own glider.
Jim

On Wednesday, December 16, 2015 at 2:01:01 PM UTC-8, Papa3 wrote:
On Wednesday, December 16, 2015 at 12:40:27 PM UTC-5, Bret Hess wrote:
On Wednesday, December 16, 2015 at 8:51:46 AM UTC-7, Jonathan St. Cloud wrote:
Turns out there are only two underwriters no matter how many quotes you get. Costello was the lowest by over $300 with an AOPA membership.


There are more now: I found this from a 2014 article:

"An explosion of growth in aviation insurance underwriters brought new
entrants to the market over the last four years. International Aerospace
Insurance Services, Berkley Aviation, Allianz Aviation (US), Starr Aviation
and an expansion of Lloyds are some of the newer players."

Not clear that all of them write for gliders. I looked into this when I was working with one of the big carriers two years ago and found that most of them were focused on commercial risks (FBOs, Rental fleets, Airports) and not on personal lines (individuals). The others didn't offer coverage on gliders; only piston and turbine aircraft. It's news to me that Starr (aka "AIG North") is covering gliders. That's good news, as some competition never hurts.

Another point though. Several people have asked me to review their existing policies against cheaper quotes from other carriers. In most cases, savings against the SSA plan came at the expense of certain coverages and benefits including things like: reduced rates for storage, any qualified pilot, reducing deductibles, etc. So, for those of you who "saved" by switching are you sure that the policies are 100% identical? The dec pages will show the hull and liability amounts and premiums, but the devil is usually in the details on the above terms...

The best way to determine the real "savings" is to model out some realistic loss scenarios/operating scenarios with a spreadsheet. In some cases the savings in premium were more than offset by increased costs in other areas during periods of inactivity, loaning your glider to a friend, or a claim..

Caveat emptor.

Erik mann
P3