jump2(at)sbcglobal.net
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 Posted: Thu Feb 16, 2012 3:48 pm Post subject: RV-10 insurance vs. Lamborghini Gallardo |
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Just got my renewal on my rv10, Same terms as last year, went down $405.Falcon insurance/ global. So it looks like they see the RV10 as a good aircraft.
ATP w/8k TT and 400 in rv10
Patrick Thyssen
N15PT
--- On Thu, 1/26/12, Tim Olson <Tim(at)myrv10.com> wrote:
| Quote: |
From: Tim Olson <Tim(at)myrv10.com>
Subject: RV-10 insurance vs. Lamborghini Gallardo
To: rv10-list(at)matronics.com
Date: Thursday, January 26, 2012, 2:40 PM
--> RV10-List message posted by: Tim Olson <[url=/mc/compose?to=Tim(at)myrv10.com]Tim(at)myrv10.com[/url]>
I got my insurance renewal quote today, after over 800 hours
of flight time in my RV-10, and an instrument rating.
It's great to see that competition is alive in the insurance
market again. From the sounds of it, AIG is back in, going
after the RV pilots with high time in make/model, WITH an
instrument rating, and courting them with low rates. My
Global quote stayed the same this year at about $2710.
My AIG quote ran $2248. I thought it was a no-brainer, even
though in some ways Global covers a bit more things than
AIG....I'd have to ditch Global for AIG. But, Jenny Estes
at NationAir helped and took it one step further and asked
Global if they could get close to that rate...and Global
came back with $2275. So, they saved me as a customer
this year again.
This means that in 6 years, and 800+ hours, my rate
has now dropped from $3440 or so, to $2275....keeping
the hull value the same every year.
Hope you all are seeing similar drops. I guess the
moral is, pay the piper and build time...and definitely
get that instrument rating, and over time you
should see your flying pay back a little in terms of
rates.
Oh, BTW....I was wondering how an RV-10 compared to
an expensive sports car, such as a Lamborghini Gallardo.
I figured some of those cars have high "hull values" so
they may make a good comparison to RV-10 insurance.
Turns out that we make out pretty well. One forum I
trolled to find quotes said that The Lamborghini would
cost about $2300/mo. So, we look pretty good compared
to that market.
Timhttp://www.matronics.com/N= - MATRONICS sp; -Matt Dralle, L.com/contribution" =======
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