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Insurance project

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bjudge(at)gmail.com
Guest

Posted: Fri Oct 24, 2008 3:16 am Post subject: Insurance project

Ladies and Gentleman:

I'm just about due for a renewal.  Anybody that has shopped for insurance before knows that it is difficult to figure out if your broker is giving you a good deal or not.  If you go to a second broker for a quote they get a nasty note from the system the the risk has already been quoted.  I was hoping to circumvent this by publicizing my experience, what I pay along with level of coverage and asking others to publicize the same.  I'll cheerfully put together this data in a spread sheet that will create insurance quotes based on what people are paying.  you'll be able to get your own quote and compare it to this to know if the quote is in the zone or not.  If this works for RV-8's I'll try the same for other craft. 

 

so if you want to participate here is what I'll need:



Premium  $1801

hull value  100,000

Deductible $100

Liability limits  $1,000,000  per incident



Exp:

1300 hrs total time

1000 Tailwheel

 335 RV-8 time

SEL Com, IFR, Pri Gli.



I know that the Hull value is the major component of the risk so knowing the rest of the coverage isn't critical.



If you don't want to blast the info to the whole group send it directly to me.  bjudge at gmail com

 

I do this sort of backwards engineering for a living (operations research) so I think I can produce something of value for us all.



Thanks,

Bill Judge

N84WJ

RV-8, 320 hrs 



  [quote][b]

- The Matronics RV8-List Email Forum -

Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:

http://www.matronics.com/Navigator?RV8-List

Jerry Grimmonpre'

Joined: 09 Jan 2006
Posts: 144
Location: Huntley, Illinois 60142

Posted: Fri Oct 24, 2008 5:02 am Post subject: Insurance project

Hi Bill ... I applaud your efforts to try to unscramble  the prices of the "OPEC" of GA insurance.  It seems to me if one  broker could end up with an extraordinary chunk of the business the others may  want to take a half loaf vs. no loaf.  

 As this unfolds you may discover a path to lower the rates of  prices "fixed" by the insurers.

 Regards ...

 Jerry

    [quote][b]

- The Matronics RV8-List Email Forum -

Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:

http://www.matronics.com/Navigator?RV8-List

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