Insurance

Ernie Martin · #1 12-12-13, 05:50 PM

Ed, who is your carrier? And Ed and Herb, are both of you IFR? When I made insurance inquiries over 10 years ago, there was no decent rate for VFR-only pilots, which I stll am (in Miami IMC is ALWAYS thunderstorms, which I won't fly in even with IFR, plus I'm retired, so if weather is IMC I go tomorrow). Now I have 15 years and 1200 hours, all in Skymasters, without accidents, and wonder if I should apply again. Anyone with VFR and coverage, can you tell us what you are paying.

Ernie

hharney · #2 12-12-13, 08:32 PM

yes, IFR, give EAA a call. Can't see how that should matter with your hours. Are you a member?

Ernie Martin · #3 12-12-13, 11:05 PM

Not a member, but I'll check with them.

Ernie

edasmus · #4 12-13-13, 12:00 PM

Hi Ernie,

I use a broker out of Elyria, OH. His name is Tom Dus, 44050 Russia Road, Lorain County Regional Airport, Elyria, OH 44035, phone 800-545-3262, www.skysurance.com. The underwriter is AIG Aviation/Chartis. This changes from year to year depending on who offers the best deal. His fee is usually $50 if I recall correctly. All underwriters are always "A" rated.

Yes. I am instrument rated with an ATP rating. Like you however, I only fly in VMC. I may occasionally file IFR if the TFR's are an issue for the flight but this is rare. My TT is about 2500 with 850 in C337. The insurance companies have always made a big deal about being instrument rated which I always thought was silly. As if possessing the rating makes you immune to the Wx. My experience looks decent on paper to the insurance folks but rest assured Ernie, it has nothing to do with the level of risk that the insurance companies are accepting by insuring me and my plane. You will never convince them of that though.

Hope this helps.

Ed

Ernie Martin · #5 12-13-13, 02:16 PM

Thanks, Ed.

Ernie

brian · #6 12-30-13, 08:04 PM

Quote:

Originally Posted by Ernie Martin

Ed, who is your carrier? And Ed and Herb, are both of you IFR? When I made insurance inquiries over 10 years ago, there was no decent rate for VFR-only pilots, which I stll am (in Miami IMC is ALWAYS thunderstorms, which I won't fly in even with IFR, plus I'm retired, so if weather is IMC I go tomorrow). Now I have 15 years and 1200 hours, all in Skymasters, without accidents, and wonder if I should apply again. Anyone with VFR and coverage, can you tell us what you are paying.

Ernie

I still do not have my IFR. 480 TT, 250 ME (in 337 only), quote was $2880 in 2009 for $45k hull, $1MM liability. I quite carrying insurance as I was not flying much since that time. This was from Airsouth Insurance of Dothan Alabama.

Brian