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insurance

 
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kylepilot(at)msn.com
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PostPosted: Wed Feb 25, 2009 5:46 pm    Post subject: insurance Reply with quote

<?xml:namespace prefix="v" /><?xml:namespace prefix="o" /><![endif]--> looking for resonable insurance for a potential completed kit purchase. Anyone have any suggestions besides AIG?

Thanks,
russ Greenway
kylepilot(at)msn.com
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mcjon77



Joined: 17 May 2008
Posts: 55
Location: Chicago

PostPosted: Thu Feb 26, 2009 6:11 am    Post subject: Re: insurance Reply with quote

Falcon Insurance. They are the company that EAA promotes. I spoke with Bob Mackey from falcon regarding getting my Sonex insured after completion. Those guys know their stuff when it comes to getting an experimental insured. He gave me several good pieces of advice:
1) Pick a known and well regarded kit. He specifically mentioned Zenith, Sonex, Van's, and Ran's. So if you are building a 701 you made a great choice!
2) Talk to your agent early. Don't come calling the day before you want to make your first flight asking about getting coverage. It may be very difficult to get coverage that way.
3)Take advantage of the EAA flight adviser program. This program seams to be held in high regard.
4)Get some time in type. This can be formal transition training or simply "orientation " training where you get some right seat time in another persons 701. If you can't get some 701 time finding a similar aircraft (like a 750) can work as well.

Hope this helps.


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_________________
Jon McDonald
Building Sonex #1287
Next up CH 701 Very Happy
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321PT



Joined: 23 May 2006
Posts: 40
Location: Texas

PostPosted: Thu Feb 26, 2009 6:41 am    Post subject: insurance Reply with quote

Falcon Insurance... 1-866-647-4322 especially if you are a member of EAA and if your not you should be.
They are nice people and will work with you.
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lgold(at)quantum-associat
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PostPosted: Thu Feb 26, 2009 10:21 pm    Post subject: insurance Reply with quote

Falcon was a few hundred more than the insurance I got from Travers &
Associates in St. Louis. I insured my 701 for $50,000 damage to the plane as
well as the liability required by my airport.
Les

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