builderflyer wrote:
Mike, I agree with your broker about you being that "lucky" person. But the other side of the coin is your personal qualifications. If you're willing to share, what are your ratings, your TT, your time in a Sonex, your time in the past 12 months, your taildragger time, your accident/incident history, and your age. Except for age, I'll bet I meet or exceed all of your personal history and when Global raised my liability only premium to $450, I bailed out with them. Once again, I believe the state in which one lives plays a significant role in the quoted premium, although I'm now experiencing the old age thing as well.
This is what was on my latest application:
Location of aircraft: Massachusetts
Total time: 932 hrs
Tailwheel: 506 hrs
Time in my Sonex: 490 hrs
Time in my Sonex last 12 months: 43 (COVID grounded me for 3 months; I usually log about 90 hrs/yr)
Total time in last 12 months: 65
Instrument rated: Yes (not current at all)
Accident history: prop strike 4 years ago. Engine repair and prop replacement by me, around $2,000 in parts, + they paid $50/hr for the time I spent making the repairs. Plus they paid for the ferry trips and hotel stay to retrieve and then rehang the engine at a hangar on the island of Nantucket.
Operations other than pave public airports? Yes, 2 grass strips a couple of times per year.