Hull/Liability Insurance Recommendations

The BlueOnBlue 182 is coming up for insurance (hull & liability) renewal in
about fifteen days. I'm very careful to get competitive quotes using the same
coverage. So far it is:

Phoenix $805
AIG $920
Global $939 (current carrier with no renewal discount)


Any suggestions on another quote that can be done inside a week?

Any COMMENTS, good or bad, about the two lowest bidders?

Jim


Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com

On Tue, 12 Oct 2004 17:49:44 -0700, Jim Weir wrote:

The BlueOnBlue 182 is coming up for insurance (hull & liability) renewal in
about fifteen days. I'm very careful to get competitive quotes using the same
coverage. So far it is:

Phoenix $805
AIG $920
Global $939 (current carrier with no renewal discount)


Any suggestions on another quote that can be done inside a week?

Any COMMENTS, good or bad, about the two lowest bidders?

This is a link to a recent 16-post thread on the Cherokee 235 BBS that
you may find relevant:

http://www.cabo-rental.net/cherokee2...ML/000475.html

Your numbers sound low for an equivalent airplane. It'd be interesting
to hear your take.

Don

Jim Weir wrote:

Any COMMENTS, good or bad, about the two lowest bidders?

My policy (through a broker) is with AIG. Had a claim a few years ago. It was paid
promptly with none of this "get three written estimates" BS, and my premiums did not
go up the next year.

George Patterson
If a man gets into a fight 3,000 miles away from home, he *had* to have
been looking for it.

Without knowing the hull value you're insuring it's hard to tell if those
are good quotes, but generally those sound like really good numbers.

There aren't many other markets for aviation insurance. The ones you
haven't mentioned are US Specialty (USSIC), USAIG, London Aviation
Underwriters, Aerospace Insurance Managers and Avemco. London and AIM are
more specialty markets for hard-to-place insurance risks, so they aren't
likely to be competetive price-wise with the other markets. You can call
Avemco direct since they are a direct writer and don't work through the
brokerage system. Your insurance agent should be able to get quotes from
USSIC and USAIG for you.

Phoenix is an excellent company (I used to work for them) and they have an
excellent claims handling reputation.

Jon Howard


"Jim Weir" wrote in message
...
The BlueOnBlue 182 is coming up for insurance (hull & liability) renewal
in
about fifteen days. I'm very careful to get competitive quotes using the
same
coverage. So far it is:

Phoenix $805
AIG $920
Global $939 (current carrier with no renewal discount)


Any suggestions on another quote that can be done inside a week?

Any COMMENTS, good or bad, about the two lowest bidders?

Jim


Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com

It would help if you gave the deatils of your coverage.



Trip


In article , says...

The BlueOnBlue 182 is coming up for insurance (hull & liability) renewal in
about fifteen days. I'm very careful to get competitive quotes using the same
coverage. So far it is:

Phoenix $805
AIG $920
Global $939 (current carrier with no renewal discount)


Any suggestions on another quote that can be done inside a week?

Any COMMENTS, good or bad, about the two lowest bidders?

Jim


Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com

What possible difference would that make? All that should matter is that I give
the same information to each company from whom I solicit a bid.

Because it seems to make a difference to you, $45K hull, $500K liability limited
to $100K/passenger.

What I was trying to avoid was a long list of why this is the wrong coverage,
how much the hull is actually worth ... I don't need it.

Jim


(TripFarmer)
shared these priceless pearls of wisdom:

-It would help if you gave the deatils of your coverage.
-
-
-
-Trip

Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com

Give a call to AUA in Greensboro, NC.

http://www.auaonline.com

I appreciate the link, but when I go to the online application and "hangar" and
"occupation" are misspelled, and then go to the "send us email" link and it
gives me an Apache server error, I tend to shy away.

They are probably very nice people, but their inattention to detail on their
website makes me question the attention to detail of the business.

Jim


(One's Too Many)
shared these priceless pearls of wisdom:

-Give a call to AUA in Greensboro, NC.
-
-http://www.auaonline.com

Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com

Have had prices and results (never a good thing) from Global.

Insurance s/b needed and not used.

Thx, {|;-)

Victor J. (Jim) Osborne, Jr.

Jim,

Those rates sound extremely low for a Cessna 182 of any vintage. What
is the hull value you are insuring? What is the liability coverage
(if you are getting less than $1 million smooth you may very well have
inadequate coverage as the "$100,000 sublimit" policies mean only
$100,000 is available per injured/deceased person, which is not
adequate for such a claim and puts your assets at risk)?

It sounds as if your broker has shopped the market. The companies you
referenced are all very reputable. The concern I have is that the
quote you have just seems too low by a large factor. I would be
surprised to find satisfactory coverage for a Cessna 182 for under
$2,000 a year.

All the best,
Rick

Jim Weir wrote in message . ..
The BlueOnBlue 182 is coming up for insurance (hull & liability) renewal in
about fifteen days. I'm very careful to get competitive quotes using the same
coverage. So far it is:

Phoenix $805
AIG $920
Global $939 (current carrier with no renewal discount)


Any suggestions on another quote that can be done inside a week?

Any COMMENTS, good or bad, about the two lowest bidders?

Jim


Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com