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Insurance Premium Update

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Insurance Premium Update

Postby pappas » Thu Sep 09, 2021 9:01 am

With all of the talk of increasing insurance premiums this year, I was surprised to get my renewal quote from Falcon insurance Agency and Global Insurance Company. My premium actually dropped $114 from $1349.00 to $1235.00.

Coverage is on a 2018 Waiex B taildragger, Turbo, 1 million liability, 100k passenger insurance, and $60 k hull coverage.

Actually not unhappy with this renewal. Falcon and EAA have always been pretty good to me with insurance.
Lou Pappas
Phoenix, AZ
RV-7A Flying (2024)
Waiex B Turbo (2016)
RV-8 (2009)
Waiex Legacy 3300 (2007)
Hiperlight SNS-9 (1991)
Falcon Ultralight (1989)
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Re: Insurance Premium Update

Postby Sonex1517 » Mon Sep 20, 2021 9:23 pm

I got my insurance renewal quote today. Sonex A model tailwheel, 200 plus hours time in type, 1385 total time and 370 tailwheel time.

I have $35,000 hull insurance.

$919 from Global through a local agent.
Robbie Culver
Sonex 1517
Aero Estates (T25)
First flight 10/10/2015
375+ hours
Jabiru 3300 Gen 4
Prince P Tip
Taildragger
N1517S
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Location: T25 Aero Estates, Frankston, TX
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Re: Insurance Premium Update

Postby Rynoth » Mon Sep 20, 2021 10:42 pm

My most recent quote for liability-only insurance (through Aviation Insurance Resources) was $495/yr for $1m liability, $1k per passenger. 4,900 total time, 40 make/model/tailwheel.

Personal choice, I don't pay to insure hull.
Ryan Roth
N197RR - Waiex #197 (Turbo Aerovee Taildragger)
Knoxville, TN (Hangar at KRKW)
My project blog: http://www.rynoth.com/wordpress/waiex/
Time-lapse video of my build: https://www.youtube.com/watch?v=Q8QTd2HoyAM
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