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dmasys(at)cox.net
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 Posted: Tue Aug 01, 2006 8:57 am Post subject: insurance requirements |
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---- Russell Daves <dav1111(at)cox.net> wrote:
| Quote: | I insured my RV-10 with AIG through NationAir, who has carried my insurance
on various airplanes for over 10 years. My insurance binder DID NOT require
any RV-10 transition training and I added my buddy as a named pilot for no
extra charge. I have in excess of 1400 hours (254 in an RV-6A), Instrument
Rating, High Performance, and Complex Aircraft signoffs. I also have NO
INSURANCE claims in my history.
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Just to keep it interesting, it happens that yesterday I contacted JT Helms at NationAir about the need for transition training. My story is a lot like Russ': 1700 PIC, instrument current, high perf, complex endorsement, no claims,and > 200 hrs in my 200hp/CS -7A, which is insured by NationAir. Here is JT's reply from 7/31/06:
"I'm positive that they would require some time. I just checked with another agent here that handles a lot of RVs and she and I were both thinking 5 hours max. The company that has been a little more competitive, and which has a better policy (Global's EAA Program) will almost surely ask for a checkout to include 5 hours.
AIG would also likely ask for 3 -5 hours. But, their policy for in flight RVs is not nearly as good as Global's, especially during the fly off restrictions.
Please let me know if you have any additional questions.
John JT Helms
Branch Manager
NationAir Insurance Agencies, Inc. "
So maybe the playing field is changing, or maybe it just depends what day of the week you ask.
-Dan Masys
40448
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Jack.Phillips(at)cardinal
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| Posted: Tue Aug 01, 2006 9:42 am Post subject: insurance requirements |
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FWIW, when I bought my RV-4 last year and insured it with Global
(through Falcon/EAA), they only required 2 hours of dual. I expect they
would want more in the RV-10 because it doesn't have the track record of
the RV-4 and is worth a bunch more. However, it is not a taildragger
and is considerably easier to fly than the RV-4 (at least the one flight
I had in a -10 seemed to be a lot easier - much more stable and solid.
An RV-4 is a lot "twitchier").
Jack Phillips
#40610
Raleigh, NC
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