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Insurance cost

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fly.lightning(at)gmail.co
Guest

Posted: Mon Jan 12, 2009 10:19 am Post subject: Insurance cost

Might anyone be willing to share the amount they pay on premium for 

their Lightning insurance?



My Tornado II is $1800/year for $27,000 hull coverage and $1,000,000 liability.



Hugh Sontag

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N1BZRich(at)AOL.COM
Guest

Posted: Mon Jan 12, 2009 10:34 am Post subject: Insurance cost

Hugh,

     My Esqual, with Falcon, is $1575.00 for  $85,000 hull and 1 million liability - I think the Lightning is about the same  with Falcon.  Two things really effect the rates for experimental aircraft  insurance - the aircraft type's accident history and, of course pilot  experience.  The Esqual does not have a very good accident  history (at least in the US).    Initially the Lightning, being a  totally new airplane, did not have any history at all.  Now that more of  them are flying, it should start coming down.  

 Blue Skies,

 buz



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lbmathias(at)verizon.net
Guest

Posted: Mon Jan 12, 2009 1:02 pm Post subject: Insurance cost

Falcon charges me $1900 for $1M liability and $100K hull coverage; it has 

been the same for 2 years.



Linda

---

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n5pb(at)aol.com
Guest

Posted: Mon Jan 12, 2009 2:33 pm Post subject: Insurance cost

I just began the insurance review for my Lightning.

 I checked EAA, APOA, AVEMCO  and AUA.  They were all about the same $2200-$2400.  I settled on Falcon.

 

 Annual Premium - $2258

 1 Million liability

 90K hull

 All risks -includes florida hurricane protection.

 

 I'm a commercial pilot with about 650 hours only.  

 I was also able to get a non-motion policy during the build then transfer it to a full motion policy at the time of airworthy certificate issuance.

 

 Bear

 

 

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sailor(at)mindspring.com
Guest

Posted: Mon Jan 12, 2009 2:50 pm Post subject: Insurance cost

Thanks to everyone for the info.  I am a student pilot and last year when I was looking for liability insurance on my current airplane Avemco was the only company that would insure me, so they are the only one I had called.   I will check with Falcon.  Might still be a problem with my time.  

Hollis  

         

  

From: owner-lightning-list-server(at)matronics.com [mailto:owner-lightning-list-server(at)matronics.com] On Behalf Of n5pb(at)aol.com

 Sent: Monday, January 12, 2009 4:29 PM

 To: lightning-list(at)matronics.com

 Subject: Re: Lightning-List: Insurance cost  

  

   

I just began the insurance review for my Lightning.

 I checked EAA, APOA, AVEMCO  and AUA.  They were all about the same $2200-$2400.  I settled on Falcon.

 

 Annual Premium - $2258

 1 Million liability

 90K hull

 All risks -includes florida hurricane protection.

 

 I'm a commercial pilot with about 650 hours only.  

 I was also able to get a non-motion policy during the build then transfer it to a full motion policy at the time of airworthy certificate issuance.

 

 Bear

 

 

 --

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IFLYSMODEL(at)AOL.COM
Guest

Posted: Mon Jan 12, 2009 4:10 pm Post subject: Insurance cost

Hey Hugh: I see you have gotten several replies to your request. I insure  my Lightning with AIG through an underwriter in Vancouver Washington. I do  believe it makes a difference who your underwriter is as I found out many years  ago when insuring my Bonanza. I am not home, so you will have to go with my  memory but as I recall, I am paying approximately 1525 per year for 75,000 hull  and a million liability.

 Lynn Nelsen

  

  In a message dated 1/12/2009 1:20:01 P.M. Eastern Standard Time,  fly.lightning(at)gmail.com writes:

  	  Quote: 	
		  -->    Lightning-List message posted by: Hugh Sontag    <fly.lightning(at)gmail.com>



Might anyone be willing to share the    amount they pay on premium for 

their Lightning insurance?



My    Tornado II is $1800/year for $27,000 hull coverage and $1,000,000    liability.



Hugh  e the  es  y                 - MATRONICS WEB FORUMS  =========================<             - List Contribution Web Site  ;                             =========================



	




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