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#1
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Any pilots in the US care to offer their experience of insurance rate changes
after a glider accident settlement (less than total loss)? I am looking at a 45% hike in my renewal premium after 4 claim free years since the purchase of my ASW-20. While I expected a rate hike, this seems a bit steep. - Mark Navarre ASW-20 OD California, USA - |
#2
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Mark.. I do not know who your "carrier" is... but with Costello under the
SSA Group policy.. we enjoyed a "discount" up to 20% (10% per yr for 2 yrs, max 20%) for no claim flying, plus an annual reduction in the deductible. However.. one claim and you are back to 100% and max deductible. But why shouldn't the Aviation Insurance business policy be any different from Auto carriers.. make an auto claim and you'll have higher premiums for the next 3 yrs.. BT "Mark Navarre" wrote in message ... Any pilots in the US care to offer their experience of insurance rate changes after a glider accident settlement (less than total loss)? I am looking at a 45% hike in my renewal premium after 4 claim free years since the purchase of my ASW-20. While I expected a rate hike, this seems a bit steep. - Mark Navarre ASW-20 OD California, USA - |
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