Aircraft Insurance
Posted: Fri Sep 23, 2011 6:15 pm
I'm not sure about the rest of you, but I view the following questions with a sort of love/hate relationship. As I spend many hundreds of hours drilling, deburring, riveting, sanding and polishing, I can't help but dream about the days ahead when all of the tedious responsibilities of building will be behind me, and a completed airplane is sitting in the hangar, waiting to be flown whenever I choose. As I continue my project, I slowly but surely complete lots of small milestones that I can call progress. You all know what I mean...such goals as finishing a control surface, or maybe a wing, or maybe when your airplane finally sits on its own landing gear. (I always love those small victories! ;) )
Now that my Waiex is about ready to leave one nest for another (garage to hangar), I figure it's about time to start the paperwork battle that comes with creating your own airplane. I already have an N number reserved, and need to start the registration process shortly. In the meantime, I wanted to ask the already-flying members of the group here what everyone has discovered for their aircraft insurance. I love asking this question because I feel that distant light at the end of the tunnel is slowly getting brighter, but I hate asking this question because I've already spent enough money on this project, and don't want to think about spending more!! :mrgreen:
Anyway, if anyone would be willing to share, I'm interested in:
- What insurance company/insurance agent you've had good luck with
- What your aircraft is insured for (hull value, liability, etc.)
- Annual premiums
- Blanket pilot qualifications
-Taildragger time needed (if appropriate)
-Anything else you're willing to share.
Thanks everyone! 8-)
Now that my Waiex is about ready to leave one nest for another (garage to hangar), I figure it's about time to start the paperwork battle that comes with creating your own airplane. I already have an N number reserved, and need to start the registration process shortly. In the meantime, I wanted to ask the already-flying members of the group here what everyone has discovered for their aircraft insurance. I love asking this question because I feel that distant light at the end of the tunnel is slowly getting brighter, but I hate asking this question because I've already spent enough money on this project, and don't want to think about spending more!! :mrgreen:
Anyway, if anyone would be willing to share, I'm interested in:
- What insurance company/insurance agent you've had good luck with
- What your aircraft is insured for (hull value, liability, etc.)
- Annual premiums
- Blanket pilot qualifications
-Taildragger time needed (if appropriate)
-Anything else you're willing to share.
Thanks everyone! 8-)