Q: Insurance recommendation

JimC · #1 06-18-20, 11:38 AM

Interesting. All my quotes this year had the same for open pilot: 1500TT, 500 multi, 25 make/model.

What carrier gave you 1000/250/10?

Trippster · #2 06-18-20, 11:45 AM

My dad and I both have over 20,000 hours in large multi aircraft. I only have about 1000 in singles and about 500 in small multi and I had 0 in a 337. Now I have 75. My dad is 77, he only had 250 hrs in small aircraft from the 60’s. He hadn’t flown anything in 15 years and also had 0 in a 337. We pay about $2600 a year for $50,000 hull and standard liability. We both had to have 5 hrs dual in a 337.

TomM · #3 06-18-20, 12:34 PM

Jim:

My insurance is with U.S. Specialty Insurance. I go through US Aircraft Insurance as my broker.

JimC · #4 06-18-20, 12:57 PM

Thanks! How many hours total did you have?

TomM · #5 06-18-20, 01:42 PM

You are welcome!

When I got the insurance I had 1200 hours total time in a 172 and ZERO multi, but I do have my instrument rating as well.

bjornfb · #6 06-22-20, 10:32 PM

I’m 3,500TT 120MEL 56 years old, IFR, never an incident, and have done recurrent training every year I’ve been flying, so I should be a reasonably insurable pilot, but have not found offers as good as you all have. The broker I’ve used hasn’t been particular helpful in negotiating with insurance companies. Thanks for the pointers,
-Bjorn

TomM · #7 06-23-20, 01:52 PM

Man, I would think you would be easy to insure! It helps when you have someone that is interested in your needs. My broker is in VT but was born and raised in the same town in MN that I was from and is a big snowmobiler (as am I) so we really hit it off personally. Its human nature to be more interested in the people you connect with, so that may have played at least a small role in how much effort he put into helping me out.

Good luck and keep positive and make sure you ask questions about premium reductions associated with having a deductible (if that is of interest to you)