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Aircraft Insurance

 
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Davcoberly(at)wmconnect.c
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PostPosted: Thu Jul 09, 2009 10:34 am    Post subject: Aircraft Insurance Reply with quote

Well, Gang it just gets better and better. First the letter from Chris Heintz and now with my 601XL ready for Phase I testing I can't seem to get any insurance without at least 5 hrs in a 601XL 3 hrs Dual 2 solo. Then I found out my builders insurance is no good the day it was ready to taxi. This is through AVEMCO. Also have been talking with EAA and AOPA all the same. I guess my only choices are sell it or have no insurance and fly it. What's the rest of you doing? I don't have a clue where I could find a plane to get dual time in. David Coberly /Uninsured 601XL [quote][b]

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craig(at)craigandjean.com
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PostPosted: Thu Jul 09, 2009 10:41 am    Post subject: Aircraft Insurance Reply with quote

Where are you located? There are CFIs offering instruction in XLs in a number of locations around the country.

-- Craig

From: owner-zenith-list-server(at)matronics.com [mailto:owner-zenith-list-server(at)matronics.com] On Behalf Of Davcoberly(at)wmconnect.com
Sent: Thursday, July 09, 2009 12:33 PM
To: zenith-list(at)matronics.com
Subject: Aircraft Insurance


Well, Gang it just gets better and better. First the letter from Chris Heintz and now with my 601XL ready for Phase I testing I can't seem to get any insurance without at least 5 hrs in a 601XL 3 hrs Dual 2 solo. Then I found out my builders insurance is no good the day it was ready to taxi. This is through AVEMCO. Also have been talking with EAA and AOPA all the same. I guess my only choices are sell it or have no insurance and fly it. What's the rest of you doing? I don't have a clue where I could find a plane to get dual time in. David Coberly /Uninsured 601XL
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Davcoberly(at)wmconnect.c
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PostPosted: Thu Jul 09, 2009 11:04 am    Post subject: Aircraft Insurance Reply with quote

Craig I'm in NW Arkansas know anyone close to here. Thanks David [quote][b]

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z601(at)anemicaardvark.co
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PostPosted: Thu Jul 09, 2009 11:06 am    Post subject: Aircraft Insurance Reply with quote

On Thursday 09 July 2009 13:32, Davcoberly(at)wmconnect.com wrote:
Quote:
Well, Gang it just gets better and better. First the letter from Chris
Heintz and now with my 601XL ready for Phase I testing I can't seem to get
any insurance without at least 5 hrs in a 601XL 3 hrs Dual 2 solo. Then I
found out my builders insurance is no good the day it was ready to taxi.
This is through AVEMCO. Also have been talking with EAA and AOPA all the
same. I guess my only choices are sell it or have no insurance and fly it.
What's the rest of you doing? I don't have a clue where I could find a
plane to get dual time in. David Coberly /Uninsured 601XL

I suppose it depends on your point of view, but all I've ever carried is
liability. I have no idea how easy that may be to get on the XL at this
point.

My reasoning has been that, if I damaged the airplane, I'd repair it. For
what the insurance company wanted in premiums, it wouldn't have taken many
years to buy another airplane.

I had AVEMCO at one time. After a year of letter after letter to them, they
never did get my name spelled right on the policy, and appeared to just
ignore me. I have no idea if I could have ever collected without an army of
lawyers. Help like that, I don't need.
--
=============================================
Do not archive.
=============================================
Jim B Belcher
BS, MS Physics, Math, Computer Science
A&P/IA
Retired aerospace technical manager
=============================================


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Juan Vega Jr



Joined: 13 Jan 2009
Posts: 157

PostPosted: Thu Jul 09, 2009 11:38 am    Post subject: Aircraft Insurance Reply with quote

Jim,
get some time in the aircraft with an instructor, and they will insure you. Read this month's Sport Plane article on Insurance, It makes sense to get some time in the aircraft prior to flying your own. Take a Saterday, and get the 5 hours of dual, and you are fine. This will apply with any LSA or EAB.

Juan

--


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Davcoberly(at)wmconnect.c
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PostPosted: Thu Jul 09, 2009 11:51 am    Post subject: Aircraft Insurance Reply with quote

Jim all I wanted was liability and maybe not in motion coverage but either of those still have the same requirements for same make and model time. David Coberly
do not archive [quote][b]


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craig(at)craigandjean.com
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PostPosted: Thu Jul 09, 2009 12:09 pm    Post subject: Aircraft Insurance Reply with quote

Hmm, I can think of three possibilities but none are terribly close:

- Ed Moody got some time-in-type “near” New Orleans. Let’s see if he picks up on this thread.
- If you don’t need formal instruction I believe some folks have gotten some hours in the factory demo plane in Mexico, MO
- Likewise you might be able to get some hours in an AMD plane in Georgia

I’m in Utah. Let’s see what others in your region have to say.

-- Craig

From: owner-zenith-list-server(at)matronics.com [mailto:owner-zenith-list-server(at)matronics.com] On Behalf Of Davcoberly(at)wmconnect.com
Sent: Thursday, July 09, 2009 1:06 PM
To: zenith-list(at)matronics.com
Subject: Re: Aircraft Insurance


Craig I'm in NW Arkansas know anyone close to here. Thanks David
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Gig Giacona



Joined: 10 Jan 2006
Posts: 1416
Location: El Dorado Arkansas USA

PostPosted: Thu Jul 09, 2009 12:23 pm    Post subject: Re: Aircraft Insurance Reply with quote

I have no idea what your flying experience is but even if you told me you had 10000 hours I would suggest at least 3 hours of dual before you flew the plane unless you had experience as a test pilot in light aircraft.

Head down to Vicksburg MS. CFI with a 601XL is there. I'll get you his contact info if you need it.

As a matter of fact if you want to split some of the cost and those cost aren't outrageous if we could get the guy up here in Arkansas and I would fly with him as well. Hell, I'll even buy you he dinner one night. He might eat the additional cost if he knew he was going to get to give 6 hours dual and rent the plane for 10 hours in one weekend.

Davcoberly(at)wmconnect.c wrote:
Well, Gang it just gets better and better. First the letter from Chris Heintz and now with my 601XL ready for Phase I testing I can't seem to get any insurance without at least 5 hrs in a 601XL 3 hrs Dual 2 solo. Then I found out my builders insurance is no good the day it was ready to taxi. This is through AVEMCO. Also have been talking with EAA and AOPA all the same. I guess my only choices are sell it or have no insurance and fly it. What's the rest of you doing? I don't have a clue where I could find a plane to get dual time in. David Coberly /Uninsured 601XL


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_________________
W.R. "Gig" Giacona
601XL Under Construction
See my progress at www.peoamerica.net/N601WR
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jmaynard



Joined: 27 Feb 2008
Posts: 394
Location: Fairmont, MN (FRM)

PostPosted: Thu Jul 09, 2009 12:37 pm    Post subject: Aircraft Insurance Reply with quote

On Thu, Jul 09, 2009 at 01:23:32PM -0700, Gig Giacona wrote:
Quote:
I have no idea what your flying experience is but even if you told me you
had 10000 hours I would suggest at least 3 hours of dual before you flew
the plane unless you had experience as a test pilot in light aircraft.

Actually, the data suggests those with lots and lots of experience have more
trouble transitioning to LSAs than those with less time.

Quote:
As a matter of fact if you want to split some of the cost and those cost
aren't outrageous if we could get the guy up here in Arkansas and I would
fly with him as well. Hell, I'll even buy you he dinner one night. He
might eat the additional cost if he knew he was going to get to give 6
hours dual and rent the plane for 10 hours in one weekend.

This might be the best way to go about it. I did think of Gig when I saw the
original message.
--
Jay Maynard, K5ZC, PP-ASEL, CFI-SP http://www.conmicro.com
http://jmaynard.livejournal.com http://www.tronguy.net
Fairmont, MN (KFRM) (Yes, that's me!)
AMD Zodiac CH601XLi N55ZC http://www.tronguy.net/N55ZC.shtml


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AMD Zodiac XLi N55ZC
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Davcoberly(at)wmconnect.c
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PostPosted: Thu Jul 09, 2009 12:43 pm    Post subject: Aircraft Insurance Reply with quote

Craig,
I do believe they said it had to be logged time with a CFI.  Also being I have a Corvair engine one place told me I had to have 100 incident free hours on the plane before they could insure it. Thanks David

do not archive [quote][b]


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bootless(at)earthlink.net
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PostPosted: Thu Jul 09, 2009 12:45 pm    Post subject: Aircraft Insurance Reply with quote

Hi guys -

It may not answer all your questions, but there's an insurance update (E/A-B and LSAs) in the current issue of Kitplanes. When I interviewed Bob Mackey and Jim Lauerman, we didn't discuss the current Zenith situation directly, but there's some reasonably current information there.

Hope that helps.

best,
Cory

Jay Maynard wrote: [quote]
Quote:
--> Zenith-List message posted by: Jay Maynard <jmaynard(at)conmicro.com> (jmaynard(at)conmicro.com)

On Thu, Jul 09, 2009 at 01:23:32PM -0700, Gig Giacona wrote:
Quote:
I have no idea what your flying experience is but even if you told me you
had 10000 hours I would suggest at least 3 hours of dual before you flew
the plane unless you had experience as a test pilot in light aircraft.

Actually, the data suggests those with lots and lots of experience have more
trouble transitioning to LSAs than those with less time.

Quote:
As a matter of fact if you want to split some of the cost and those cost
aren't outrageous if we could get the guy up here in Arkansas and I would
fly with him as well. Hell, I'll even buy you he dinner one night. He
might eat the additional cost if he knew he was going to get to give 6
hours dual and rent the plane for 10 hours in one weekend.

This might be the best way to go about it. I did think of Gig when I saw the
original message.
[b]


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Davcoberly(at)wmconnect.c
Guest





PostPosted: Thu Jul 09, 2009 12:50 pm    Post subject: Aircraft Insurance Reply with quote

Gig,
See what you can find out. I was going to get some time in one from someone local that has one it just wouldn't be from a CFI and logged as it has to be. Thanks, David [quote][b]


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steerr(at)bellsouth.net
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PostPosted: Thu Jul 09, 2009 1:36 pm    Post subject: Aircraft Insurance Reply with quote

I just went through the insurance search. Falcon wants five hours
before issuing insurance. That applies to both liability and/or hull.
SkySmith wants something similar. Avemco issued me a liability-only
policy and didn't ask for any time in a similar plane, even though I
have a few hours flying with a friend. Avemco was also the cheapest
liability by several hundred dollars.

Bill
Davcoberly(at)wmconnect.com wrote:
Quote:
Jim all I wanted was liability and maybe not in motion coverage but
either of those still have the same requirements for same make and
model time. David Coberly
do not archive


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Davcoberly(at)wmconnect.c
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PostPosted: Thu Jul 09, 2009 1:58 pm    Post subject: Aircraft Insurance Reply with quote

I just talked to AVEMCO today and not only would they not issue ANY insurance without time (5hrs) in make and model they canceled my builders insurance I had with them when they found out it was able to taxi. David Coberly
do not archive [quote][b]


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Ron Lendon



Joined: 10 Jan 2006
Posts: 685
Location: Clinton Twp., MI

PostPosted: Thu Jul 09, 2009 2:46 pm    Post subject: Re: Aircraft Insurance Reply with quote

[quote="Davcoberly(at)wmconnect.c"]Craig,
I do believe they said it had to be logged time with a CFI. �Also being I have a Corvair engine one place told me I had to have 100 incident free hours on the plane before they could insure it. Thanks David

do not archive
Quote:
[b]


If my memory serves me correctly FALCON is the insurance company that WW was working with on the Corvair installation.


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_________________
Ron Lendon
WW Corvair with Roy's Garage 5th bearing
CH 601 XLB
N601LT - Flying
http://www.mykitlog.com/rlendon
Corvair Engine Prints:
https://sites.google.com/site/corvairenginedata/
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Davcoberly(at)wmconnect.c
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PostPosted: Thu Jul 09, 2009 3:15 pm    Post subject: Aircraft Insurance Reply with quote

Falcon thru EAA told me the same thing. Thanks David Coberly do not archive [quote][b]

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