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NO Hull insurance ??????

 
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klondike(at)megalink.net
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PostPosted: Mon Nov 09, 2009 10:42 am    Post subject: NO Hull insurance ?????? Reply with quote

could you get hull insurance before this last accident? or is this
restriction something new? Are other insurance companies doing the same
thing?

Fritz---- do not archive

---


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steerr(at)bellsouth.net
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PostPosted: Mon Nov 09, 2009 11:44 am    Post subject: NO Hull insurance ?????? Reply with quote

When I was looking around for insurance, Avemco obviously did not want
to provide hull insurance. The price they quoted was very high. Other
companies - SkySmith, Falcon (EAA), etc. - would provide hull insurance
at a much cheaper price, but their liability cost more. I was insuring
a 601HD, though, not an XL.

Bill
fritz wrote:
[quote]

could you get hull insurance before this last accident? or is this
restriction something new? Are other insurance companies doing the
same thing?

Fritz---- do not archive

---


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mhubel



Joined: 05 Sep 2009
Posts: 141

PostPosted: Mon Nov 09, 2009 11:51 am    Post subject: Re: NO Hull insurance ?????? Reply with quote

I just spoke to my insurance agent and things are not at all clear. I have it insured through the EAA using the Falcon Insurance agency. The underwriter is Global Aerospace.

It seems they are taking a very wait and see attitude here. Depending on the finding of the NTSB on this last crash, the insurance could be anywhere from a bit more expensive (already double what a Grumman AA-1 would be) to impossible to get. We probably won't know for 3-6 months.

Anyone want to buy an engine and radios with a big metal bracket attached?


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