Insurance

[Ington6]

Jerrytex, how much TT do you have? I to am looking for coverage for a IV I am picking up soon and got a estimate of $1500 to 1800 through aopa. I have 350tt, only 10 tail, and am cfi,cfii, comm multi...

[DBVZ]

Talk to Mark at Falcon Insurance. He should be able to beat that:

Mark Lush
Falcon Insurance
EAA Department
866-647-4322
830-895-6128 fax
mlush@falconinsurance.com

[Jerrytex]

I have gotten several quotes ranging from $1496 with Falcon to $2234 from Avemco and $1834 from AOPA. I am low time. 80 hours and only 10 in tailwheel so I am a big risk. What I discovered is most insurance has some type of a provision to limit their exposure to a claim during the first 10-40 hours. Some will provide liability only in the first 10 hours. Some will provide liability only for the first 40 hours. The best deal I got was through Falcon for $1496. That is full coverage with a modified deductible during the first 40 hours. Basically the deductible is 10% of the value for any in motion claim and $500 for any not in motion claim. So if i value my plane at $30,000 then my deductible is $3000. Still kind of high but better than eating 30k. After 40 hours when it moves into phase 2, it goes to $500 and $100.

[Russell320]

I have a zillion hours with about 1000 in tailwheel. $1296 from Falcon is what I pay for full coverage.......so with your time, the price doesn't seem unreasonable.

[Av8r3400]

I was quoted $1100 from Falcon to renew with full coverage this month.

~250 hours in type now.