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#1
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Insurance renewal shock
My renewal for the Maule went from $1300 to $2000. Same carrier (Global),
same coverage. Broker said that they requested quotes from 6-8 companies - 2 quotes rec'd, this was the lowest. Ouch! |
#2
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Try AVEMCO, full coverage on my 1996 Husky is about $1000.
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#3
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Maule Driver wrote: My renewal for the Maule went from $1300 to $2000. Same carrier (Global), same coverage. Broker said that they requested quotes from 6-8 companies - 2 quotes rec'd, this was the lowest. I just got a quote from Travers for $1,446 -- about $200 less than my current broker quoted me. You might give them a shot. 800-888-9859 or . George Patterson He who marries for money earns every penny of it. |
#4
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Thanks George and Doug. Travers quoted me exactly the same and I'm going
with them. Avemco was over 2,000. George, you saved me $600 - if we ever meet, I'll buy the first. There's no apparent rhyme or reason in this business... or the numbers are so small that no one can get an accurate fix on the real risks. I still remember a conversation I had with a broker (who dropped the small stuff 2 years ago) where they were trying to explain why I should renew with the encumbent insurer despite a $200 rise and the availability of cheaper insurance. I was listening but ended up laughing in the guy's face. Having insured gliders for a number of years, I knew insurers would come in and go out of the market annually. It wouldn't mean a damn thing if I had been with them 1, 2, 3, 4 or whatever years. Heck, no one stayed in the market more than 2 or 3 anyway. All you can do is shop for price, fly safe, and if you have a claim - deal with the hand you were dealt. Small is small. It's like pulling up to Big City FBO. One day you get a red carpet and a guy with an umbrella. The next you've been moved to the mud and handed a pair of boots because a flock of G4s flew in. GA in the US is still the best damn thing in the world. "George Patterson" wrote in message ... Maule Driver wrote: My renewal for the Maule went from $1300 to $2000. Same carrier (Global), same coverage. Broker said that they requested quotes from 6-8 companies - 2 quotes rec'd, this was the lowest. I just got a quote from Travers for $1,446 -- about $200 less than my current broker quoted me. You might give them a shot. 800-888-9859 or . George Patterson He who marries for money earns every penny of it. |
#5
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Got my renewal quote from USAIG. Went down $5. Avemco wanted $400 more.
"Maule Driver" wrote in message . com... My renewal for the Maule went from $1300 to $2000. Same carrier (Global), same coverage. Broker said that they requested quotes from 6-8 companies - 2 quotes rec'd, this was the lowest. Ouch! |
#6
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Carl Orton wrote: Got my renewal quote from USAIG. Went down $5. Avemco wanted $400 more. AUA / AIG Vintage Aircraft program. Ours went up $2 from last year. |
#7
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There has been a rash of Maule accidents lately..
I just heard the story of one new Maule owner, the Insurance required 25 hrs dual make and model, from a CFI who had 300 hours in tailwheel. Granted it was the new owners first tailwheel. I guess the insurance company had gotten burned by a CFI who completed his initial tail wheel training (10hrs?) on Friday, and then started giving trail wheel training on Monday, and the CFI ground looped three airplanes (giving instruction) before the Insurance company caught on. We pay apx $1300 for a Pawnee 235HP (PA-25-235 (fixed pitch)), club operation, glider tow, open pilot rules are Pvt Pilot, 500hrs airplane, 100 hrs tail wheel, 10hrs Pawnee. (high performance and tail wheel endorsements complete) If not, need to be a "named pilot". Granted there is no second pax seat to insure, but there are those two guys in the glider 150-200ft behind you. One or two named pilots on the policy has not changed the rates. BT "Maule Driver" wrote in message . com... My renewal for the Maule went from $1300 to $2000. Same carrier (Global), same coverage. Broker said that they requested quotes from 6-8 companies - 2 quotes rec'd, this was the lowest. Ouch! |
#8
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"Maule Driver" wrote in message . com... Thanks George and Doug. Travers quoted me exactly the same and I'm going with them. Avemco was over 2,000. George, you saved me $600 - if we ever meet, I'll buy the first. There's no apparent rhyme or reason in this business... or the numbers are so small that no one can get an accurate fix on the real risks. I still remember a conversation I had with a broker (who dropped the small stuff 2 years ago) where they were trying to explain why I should renew with the encumbent insurer despite a $200 rise and the availability of cheaper insurance. I was listening but ended up laughing in the guy's face. Having insured gliders for a number of years, I knew insurers would come in and go out of the market annually. It wouldn't mean a damn thing if I had been with them 1, 2, 3, 4 or whatever years. Heck, no one stayed in the market more than 2 or 3 anyway. All you can do is shop for price, fly safe, and if you have a claim - deal with the hand you were dealt. Small is small. It's like pulling up to Big City FBO. One day you get a red carpet and a guy with an umbrella. The next you've been moved to the mud and handed a pair of boots because a flock of G4s flew in. GA in the US is still the best damn thing in the world. You, sir, are an optimist. Refreshing! |
#9
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"Joe Johnson" wrote in message
om... GA in the US is still the best damn thing in the world. You, sir, are an optimist. Refreshing! Apparently, I'm not alone! |
#10
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No rhyme or reason there, it's nothing but TO, Landings, and with souls on
tow - but a good deal. "BTIZ" We pay apx $1300 for a Pawnee 235HP (PA-25-235 (fixed pitch)), club operation, glider tow, open pilot rules are Pvt Pilot, 500hrs airplane, 100 hrs tail wheel, 10hrs Pawnee. (high performance and tail wheel endorsements complete) If not, need to be a "named pilot". Granted there is no second pax seat to insure, but there are those two guys in the glider 150-200ft behind you. One or two named pilots on the policy has not changed the rates. |
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