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wayne.e(at)grandecom.net
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 Posted: Tue Apr 01, 2008 7:34 pm Post subject: Insurance Renewal Time once again |
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I also just received a quote for my insurance renewal, which is coming up in June. Last year I had Jim Pappas as an agent and he put me with AIG. I had the hull value at $200,000, a little low, with $1,000,000 coverage. There is some small deductible amount. The premium was $3,379 As many of you may know Jim decided to no longer be an insurance agent so I went to EAA who got me a quote from Global & AIG for my renewal.
I have about 2000 hours, about 100 in type, and I'm twin engine instrument rated with a glider rating, I don't know if that helps or not. I've also completed the Wings program level 11. The only reason I'm saying all of this is for comparison on quotes.
On the quotes that I just received it appears that Global is a better choice for me. They have no deductible and several other benefits that AIG doesn't and my new rate will be $2,950.
Wayne Edgerton N602WT
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dougpflyrv(at)aol.com
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| Posted: Wed Apr 02, 2008 6:11 pm Post subject: Insurance Renewal Time once again |
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WAYNE, DO U MIND TELLING US HOW YOUNG U R AND WHO YOUR BROKER IS? MY INSURANCE, THROUGH NATIONAIR, RENEWS THE 4TH WITH GLOBAL FOR $3163 AND HULL VALUE OF $180K......SAME AS LAST YEAR. I AM 69, FLY A CORPORATE CITATION (have to pay for the toys) 300 HOURS A YEAR, GO TO SIMUFLITE RECURRENCY EVERY 24 MONTHS, SEL, MEL, ATP, 24,000 + HOURS, 4 TYPE RATINGS, 600+ HOURS IN 2 PLACE RV's AND 120+ IN MY 10. THERE IS A SNAKE IN THE WOOD PILE SOMEWHERE!!!!!!!!!!! ALSO, I HAVE NEVER HEARD OF THE DISCOUNT PROGRAMS SOME OF THE GUYS MENTIONED.
REGARDS,
DOUG PRESTON
N372RV
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