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gcarnforth
Joined: 27 Nov 2006 Posts: 3
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Posted: Fri Jun 22, 2007 4:08 am Post subject: RV Insurance |
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What are folks doing to insure your project during the building process? I have a slow build RV7 that is basically complete from the firewall back at my residence. Home owners is coming up for renewal.
Thanks for all of the help!
Greg C
Louisville
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_________________ G. Carnforth
Louisville, KY
RV7 |
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pwatsonfnp(at)comcast.net Guest
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Posted: Fri Jun 22, 2007 5:39 am Post subject: RV Insurance |
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Greg I have insured my project through one of the EAA recommended insurers.
Basically you pay 1% of the requested insured amount annually. So a $100K
policy costs $1,000. If you are building in a home shop or garage,
homeowners will NOT cover it.
Paul Watson
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Dan Reeves
Joined: 10 Jan 2006 Posts: 16
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Posted: Fri Jun 22, 2007 6:02 am Post subject: RV Insurance |
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I attend the AOPA Fly-in this spring and hooked up with Gregg Ellsworth representing Aviation Insurance Resources. Great service and great rates!
Gregg Ellsworth
Aviation Insurance Resources
P.O. Box 32
Frederick, MD 21705
toll free: 1-877-247-7769
fax: 1-301-682-9793
www.AIR-PROS.com
Dan Reeves
RV-7A - wiring
Greg Carnforth <greg(at)chesterpools.com> wrote:
[quote]--> RV7-List message posted by: Greg Carnforth
What are folks doing to insure your project during the building process? I have a slow build RV7 that is basically complete from the firewall back at my residence. Home owners is coming up for renewal.
Thanks for all of the help!
Greg Shape Yahoo! in your own image. [url=http://us.rd.yahoo.com/evt=48517/*http://surveylink.yahoo.com/gmrs/yahoo_panel_invite.asp?a=7]Join our Network Research Panel today![/url] [quote][b]
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yenduc(at)sbcglobal.net Guest
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Posted: Fri Jun 22, 2007 6:36 am Post subject: RV Insurance |
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Greg:
I got my insurance through NationAiR -- for $90 K it was $591.00.
I've had builder's insurance for the last 3 years -- it has gone up
about $100 each year.
dave
On Jun 22, 2007, at 6:38 AM, Paul Watson wrote:
[quote]
Greg I have insured my project through one of the EAA recommended
insurers.
Basically you pay 1% of the requested insured amount annually. So a
$100K
policy costs $1,000. If you are building in a home shop or garage,
homeowners will NOT cover it.
Paul Watson
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rv7(at)b4.ca Guest
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Posted: Fri Jun 22, 2007 6:50 am Post subject: RV Insurance |
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On 6:38 2007-06-22 "Paul Watson" <pwatsonfnp(at)comcast.net> wrote:
Quote: | Greg I have insured my project through one of the EAA recommended
insurers. Basically you pay 1% of the requested insured amount
annually. So a $100K policy costs $1,000. If you are building in a
home shop or garage, homeowners will NOT cover it.
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Well, it's not that cut-and-dried. Check the wording of your homeowner's
policy to be sure. If your policy doesn't specifically exclude it, then
it's covered. It's just "contents", like anything else you might have in
your house.
I'm living/building in a townhouse right now, and my policy covers it.
I've seen policies that exclude it, and policies that don't, so get a copy
of the full policy and read through it.
-Rob
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bkuc1(at)verizon.net Guest
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Posted: Fri Jun 22, 2007 7:17 am Post subject: RV Insurance |
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My insurance company, when I did have a house and was building, stated that
as long as there is no engine hung, then it is just parts and covered. But
once you put an engine on it (runing or not), it becomes a vehicle and thus
is not covered.
Bob
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jennyrvlist(at)hotmail.co Guest
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Posted: Fri Jun 22, 2007 7:26 am Post subject: RV Insurance |
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Hi Greg,
We offer builders insurance through two companies AIG and Global (EAA
program) you can look on our website for more information or give me a call
and i will be more then happy to help you.
Jenny Estes
NationAir Aviation Insurance
www.nationair.com
jestes(at)nationair.com
877-475-5860
Quote: | From: Greg Carnforth <greg(at)chesterpools.com>
Reply-To: rv7-list(at)matronics.com
To: <rv7-list(at)matronics.com>
Subject: RV Insurance
Date: Fri, 22 Jun 2007 08:07:29 -0400
What are folks doing to insure your project during the building process? I
have a slow build RV7 that is basically complete from the firewall back at
my residence. Home owners is coming up for renewal.
Thanks for all of the help!
Greg C
Louisville
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bertrv6(at)gmail.com Guest
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Posted: Thu Jun 28, 2007 7:52 am Post subject: RV Insurance |
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On 6/22/07, Greg Carnforth <greg(at)chesterpools.com> wrote:
Quote: |
What are folks doing to insure your project during the building process? I have a slow build RV7 that is basically complete from the firewall back at my residence. Home owners is coming up for renewal.
Thanks for all of the help!
Greg C
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Greg: I do dnot know, if you got the message, I was trying to sen a moment ago,
as I said, do not use AVEMCO, my experience with them was really bad..
I don't know if I would get Insurance, while constructing,, I
think was a waste
of money for four years that it took me to finish...
I did called my Insurance, for the HOme Owners', and if I recall, they said
would be cover, under the H.O.Policy.. you have to describe, what you have
and the value....etc.. once they have that,, get confirmation it will
be covered,
You couls save yourself, hundreds, if more that one year building...
Just my comments
Bert
do not archive
Quote: |
Louisville
Greg: what ever you do , do not use AVEMCO...I had a horrible experience
with them... I did get
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Jekyll
Joined: 22 Feb 2006 Posts: 44
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Posted: Fri Jun 29, 2007 7:09 am Post subject: Re: RV Insurance |
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bertrv6(at)gmail.com wrote: |
I don't know if I would get Insurance, while constructing,, I
think was a waste of money for four years that it took me to finish... |
That's the rub with all insurance, it's a waste of money if you don't need to submit a claim. This of course changes the instant you have a major loss, then it's the best money ever spent.
Clint Eastwood stated it well when he said: "Do you feel lucky punk?"
Jekyll
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