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Cheapest insurance policy yet --SkySmith

 
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Dave Saylor



Joined: 11 Jan 2015
Posts: 210
Location: GILROY, CA

PostPosted: Thu Oct 15, 2015 6:05 pm    Post subject: Cheapest insurance policy yet --SkySmith Reply with quote

Open Pilot:: P; 750 TT; 25 MM; Training Requirements: N/A;

Insurance Company: Aerospace Ins Mgrsfrom 10/17/2015 to 10/17/2016;
Aircraft use: P&B (P&B is non-commercial); Aerobatic Use: None.
Coverages: G&FFull Coverage, Ground & Flight; Deductibles: $0 NIM & $0 IM/
Physical Damage:  $165,000 = $1,317.00
Liability per Occ: $1,000,000  = $242.00
Liab Limited to $100,000/pass.  
Medical $5,000/pass.  = $25.00 
Endorsements:   = $0.00
Total Annual Premium = $1,584.00
Which we split two ways...not bad--I think my car is more!
Our first policy in 2007 was more than twice as much.
--Dave
[quote][b]


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rvdave



Joined: 24 Jan 2009
Posts: 191

PostPosted: Fri Oct 16, 2015 2:18 pm    Post subject: Re: Cheapest insurance policy yet --SkySmith Reply with quote

I'm with nation air in a rv6, anyone care to share an example rv10 rate with nation air?

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Dave Ford
Cadillac, MI
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jesse(at)saintaviation.co
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PostPosted: Fri Oct 16, 2015 2:43 pm    Post subject: Cheapest insurance policy yet --SkySmith Reply with quote

The rates won't vary much between brokers. An RV-10 with about $190-200k hull and a low time pilot should run about $2,500. Same with high time pilot about $1,600-1,800 these days. Price will obviously vary with hull coverage.

Jesse Saint
Saint Aviation, Inc.
352-427-0285
jesse(at)saintaviation.com

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Quote:
On Oct 16, 2015, at 5:18 PM, rvdave <rv610dave(at)gmail.com> wrote:



I'm with nation air in a rv6, anyone care to share an example rv10 rate with nation air?

--------
Dave Ford
RV6 for sale
RV10 building
Cadillac, MI




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Bob Turner



Joined: 03 Jan 2009
Posts: 885
Location: Castro Valley, CA

PostPosted: Fri Oct 16, 2015 2:53 pm    Post subject: Re: Cheapest insurance policy yet --SkySmith Reply with quote

As Jesse says, NationAir is a broker. They represent you, and give you advice.

This past July NationAir recommended I go with USAIG.
Total premium $1630, similar coverage to first post except hull value $145K.
I'm commercial, IFR, CFII but also nearly 67 (no one will say it, but I think there is an age bias above some secret number). 2500 hrTT, 200 hr in -10. No past claims.

I don't recall the exact number but before I had 100 hr Time in type the premium was almost double.


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carl.froehlich(at)verizon
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PostPosted: Fri Oct 16, 2015 3:00 pm    Post subject: Cheapest insurance policy yet --SkySmith Reply with quote

My current Nation Air policy issued May 1st is $1496 with $150K hull.

Carl

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Tim Olson



Joined: 25 Jan 2007
Posts: 2879

PostPosted: Fri Oct 16, 2015 3:16 pm    Post subject: Cheapest insurance policy yet --SkySmith Reply with quote

My current policy has a bit higher hull value by 25k but my rate is only about $225 more...and that was not my cheapest option...it was just the better of the 2 policies, so in theory I could be cheaper.
Tim
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[quote] On Oct 16, 2015, at 5:56 PM, Carl Froehlich <carl.froehlich(at)verizon.net> wrote:



My current Nation Air policy issued May 1st is $1496 with $150K hull.

Carl

--


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