Re: insurance roundtable
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6 years ago when I first insured my tailwheel Sonex I paid $1,657 for liability, passenger medical, and a $35,000 hull value. I have the same insurance now and it looks like this:
Global Aerospace(Current Policy)
Value: $35,000 Premium: $928
Ded $0/0
Liability: $1,000,000 limited to $100,000 per passenger Premium: $211
Total Annual Premium: $1,139
My premiums have generally gone DOWN, or remained level. I think that's because it's a tailwheel, and with more time and experience they have been able to decrease my rates. The only time it went up was by about $100 after I had a prop strike and repaired the engine (myself). It went back down the next year.
I'm instrument rated (not current). I have 930 hours of total time, 507 hours of Sonex time (some of that is tricycle gear while doing flight testing on another person's Sonex), and 508 hours of tailwheel time.
I'm still waiting to get my numbers back for this year, so I'll report back when I do.
Global Aerospace(Current Policy)
Value: $35,000 Premium: $928
Ded $0/0
Liability: $1,000,000 limited to $100,000 per passenger Premium: $211
Total Annual Premium: $1,139
My premiums have generally gone DOWN, or remained level. I think that's because it's a tailwheel, and with more time and experience they have been able to decrease my rates. The only time it went up was by about $100 after I had a prop strike and repaired the engine (myself). It went back down the next year.
I'm instrument rated (not current). I have 930 hours of total time, 507 hours of Sonex time (some of that is tricycle gear while doing flight testing on another person's Sonex), and 508 hours of tailwheel time.
I'm still waiting to get my numbers back for this year, so I'll report back when I do.