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.... on the other hand, several companies told us that Aztecs are prefered
twins to quote due to the excess power (but not too much) and easy handling characteristics. We were told that they hate Apaches (underpowered) and 310's (fast sleek and powerfull) YMMV Jim "Jim Burns" wrote in message ... I can respond to this issue. Myself I had just over 500 hours at the time of our purchase. I had just gotten my multi rating. I'm a CFII, (commercial, instrument, of course) tailwheel endorsed 10 hours multi 1 other partner had over 1300 hours commercial, instrument single engine land and sea new multi engine rating 40 hours multi last partner was just private/instrument with 250 hours TT, no multi at that time best quote was $4500 with $10,000 deductible for a gear up landing or collapse. First sweet spot is 500 hours w/ instrument rating Next is 1000 hours Several companies declined. Jim "Bill Denton" wrote in message ... I haven't seen this touched on... I couple of months ago I read a story (in Flying, I think), indicating that most aviation insurance companies would not insure pilot-owned light twins, especially if the pilot doesn't have very many multi hours. I can't remember if the ban covered only new policies, or all policies, but it's something you might want to look into before you go too far. Good luck! "onsitewelding" wrote in message news:07l1d.403688$M95.383968@pd7tw1no... I would like to get my multi rating and then buy a light twin. I have done some research (very little actualy) but it seems from what I have read and been told that the piper aztec is a fairly easy twin to learn to fly, not too much of a maintenance hog and is a good solid aircraft. Not to mention that some of the older ones are not that expensive to buy. I would use it for personal use only, kinda like a family air wagon so I don't want to be spending oodles of money just to use it. Does anyone have any suggestions as to the cost of using a aircraft such as this? Or would I be better off looking at a good 6 place single? I kinda have this thing about twin engine planes although I also realize 2 engines = double the cost. Thanks for your input! --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.756 / Virus Database: 506 - Release Date: 9/8/2004 --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.756 / Virus Database: 506 - Release Date: 9/8/2004 |
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"Bill Denton" wrote
I couple of months ago I read a story (in Flying, I think), indicating that most aviation insurance companies would not insure pilot-owned light twins, especially if the pilot doesn't have very many multi hours. That's absolutely true. Key point is 'most' rather than 'all.' In fact, while just about everyone will insure an ATP in a C-172, when you get into special risks (unusual planes, low experience, or both) most companies are not interested. I can't remember if the ban covered only new policies, or all policies, but it's something you might want to look into before you go too far. Just make sure you talk to the right person. A friend of mine wanted to buy into my Twin Comanche (about the worst light twin to insure - low power so on one engine you have to do EVERYTHING right, but cruises 175 ktas so you have lots of opportunity to go far and get into trouble) and he had about 600 hours, a brand new instrument rating, no multi time at all, and almost no retract time. Our local broker just tried to talk him out of it and quoted ridiculous numbers (pulled straight out of his ass). I called Travers (the Comanche specialists) and was told $3800 the first year (on an $80K hull), 20 hours dual and multi/IFR to solo it, 10 hours solo before carrying passengers. He could train in the insured plane if he wished. The kicker was the CFI requirement. They wanted the CFI to meet the open pilot warranty. They would give some, but not a lot. The open pilot warranty was 1500TT, 500 multi, 25 make/model. So if you deal with someone who knows the score, and are willing and able to get lots of instruction from a real instructor, no problem, you can get insurance. Deal with your local broker and you may be nowhere. Michael |
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On 2004-09-14, Michael wrote:
"Bill Denton" wrote I couple of months ago I read a story (in Flying, I think), indicating that most aviation insurance companies would not insure pilot-owned light twins, especially if the pilot doesn't have very many multi hours. That's absolutely true. Key point is 'most' rather than 'all.' In fact, while just about everyone will insure an ATP in a C-172, when you get into special risks (unusual planes, low experience, or both) most companies are not interested. I can't remember if the ban covered only new policies, or all policies, but it's something you might want to look into before you go too far. Just make sure you talk to the right person. A friend of mine wanted to buy into my Twin Comanche (about the worst light twin to insure - low power so on one engine you have to do EVERYTHING right, but cruises 175 ktas so you have lots of opportunity to go far and get into trouble) and he had about 600 hours, a brand new instrument rating, no multi time at all, and almost no retract time. Our local broker just tried to talk him out of it and quoted ridiculous numbers (pulled straight out of his ass). I called Travers (the Comanche specialists) and was told $3800 the first year (on an $80K hull), 20 hours dual and multi/IFR to solo it, 10 hours solo before carrying passengers. He could train in the insured plane if he wished. Remember the discussion (a couple of years ago) we had about operating costs and insurance costs of light twins versus equivalent-performance singles, and how you were arguing (convincingly, I might add) that the operating costs of a light twin were about the same as those of a high-performance single? And that insurance rates were about the same between the two, as were experience requirements? In light of the above, is that something that has changed over time? Sounds like it.... -- Kevin Brown |
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Kevin Brown wrote
Remember the discussion (a couple of years ago) we had about operating costs and insurance costs of light twins versus equivalent-performance singles, and how you were arguing (convincingly, I might add) that the operating costs of a light twin were about the same as those of a high-performance single? And that insurance rates were about the same between the two, as were experience requirements? In light of the above, is that something that has changed over time? Sounds like it.... Well, something has changed - the insurance market got tighter. The same friend looked into going the Bonanza route. He had much the same experience. In fact, the rate I got from Travers on him in the Twin Comanche was substantially less than the local broker was quoting him for a Bonanza. Basically, insurance on anything fast and sleek for the pilot of the low and slow has become more difficult, and the twins are just caught up in the general trend. Michael |
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On 2004-09-15, Michael wrote:
Kevin Brown wrote Remember the discussion (a couple of years ago) we had about operating costs and insurance costs of light twins versus equivalent-performance singles, and how you were arguing (convincingly, I might add) that the operating costs of a light twin were about the same as those of a high-performance single? And that insurance rates were about the same between the two, as were experience requirements? In light of the above, is that something that has changed over time? Sounds like it.... Well, something has changed - the insurance market got tighter. The same friend looked into going the Bonanza route. He had much the same experience. In fact, the rate I got from Travers on him in the Twin Comanche was substantially less than the local broker was quoting him for a Bonanza. Interesting. Kinda thought as much. Basically, insurance on anything fast and sleek for the pilot of the low and slow has become more difficult, and the twins are just caught up in the general trend. Hmm...makes me wonder where a Turbo Arrow would fit in this... -- Kevin Brown |
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Kevin Brown writes:
I called Travers (the Comanche specialists) and was told $3800 the first year (on an $80K hull), 20 hours dual and multi/IFR to solo it, 10 hours solo before carrying passengers. When my Aztec returned to flight (~1998), I had similar insurance requirements (15 hours dual, 15 hours solo, I think). Total time was not an issue (which is good because I had a fresh Private). My insurance agent said awhile ago that such deals are no longer available but that the market is cyclical. So... In light of the above, is that something that has changed over time? This probably does change regularly, at least for a low-time pilot who is just getting into a twin. I point this out not necessarily to help those who are investigating now (unless you're really patient) but to caution those who might find this thread later. --kyler |
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In a previous article, "onsitewelding" said:
been told that the piper aztec is a fairly easy twin to learn to fly, not too much of a maintenance hog and is a good solid aircraft. Not to mention that some of the older ones are not that expensive to buy. Our local FBO has had an Aztec for sale for over a year. They used to use it for freight dogging and flight training. I think they're getting rid of this one because the bottom fell out of the frieght dog market since the banks don't have to return checks to the clearing centers overnight any more. http://www.flyrochester.com/sales1.html I'm not sure if the reason it's taking so long to sell is a lack of buyers or a lack of the ability of prospective buyers to get insurance. The owner of the FBO died in a plane crash (in a Navaho) a few weeks ago, and his widow hated everything to do with the business, so you might want to call them soon before the widow dumps the whole inventory on some asshole broker who won't be honest about the plane's background. -- Paul Tomblin http://xcski.com/blogs/pt/ "Pilots are reminded to ensure that all surly bonds are slipped before attempting taxi or take-off" |
#8
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The Private Pilot October 2004 issue has an article on the D-model. In my
opinion, this mag has the some of the more informative aircraft reviews with the most details that would concern an owner. Speaking of informative, I must comment that this thread is one of the more informative threads that I've seen in a while (even though it really belongs in .owning ;-) ) Marco Lowly Single-Engine Aircraft Owner "Paul Tomblin" wrote in message ... In a previous article, "onsitewelding" said: been told that the piper aztec is a fairly easy twin to learn to fly, not too much of a maintenance hog and is a good solid aircraft. Not to mention that some of the older ones are not that expensive to buy. Our local FBO has had an Aztec for sale for over a year. They used to use it for freight dogging and flight training. I think they're getting rid of this one because the bottom fell out of the frieght dog market since the banks don't have to return checks to the clearing centers overnight any more. http://www.flyrochester.com/sales1.html I'm not sure if the reason it's taking so long to sell is a lack of buyers or a lack of the ability of prospective buyers to get insurance. The owner of the FBO died in a plane crash (in a Navaho) a few weeks ago, and his widow hated everything to do with the business, so you might want to call them soon before the widow dumps the whole inventory on some asshole broker who won't be honest about the plane's background. -- Paul Tomblin http://xcski.com/blogs/pt/ "Pilots are reminded to ensure that all surly bonds are slipped before attempting taxi or take-off" |
#9
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The March 2003 issue of AOPA Pilot also has an article on a 1974 Turbo E
model. Jim "Marco Leon" mmleon(at)yahoo.com wrote in message ... The Private Pilot October 2004 issue has an article on the D-model. In my opinion, this mag has the some of the more informative aircraft reviews with the most details that would concern an owner. Speaking of informative, I must comment that this thread is one of the more informative threads that I've seen in a while (even though it really belongs in .owning ;-) ) Marco Lowly Single-Engine Aircraft Owner "Paul Tomblin" wrote in message ... In a previous article, "onsitewelding" said: been told that the piper aztec is a fairly easy twin to learn to fly, not too much of a maintenance hog and is a good solid aircraft. Not to mention that some of the older ones are not that expensive to buy. Our local FBO has had an Aztec for sale for over a year. They used to use it for freight dogging and flight training. I think they're getting rid of this one because the bottom fell out of the frieght dog market since the banks don't have to return checks to the clearing centers overnight any more. http://www.flyrochester.com/sales1.html I'm not sure if the reason it's taking so long to sell is a lack of buyers or a lack of the ability of prospective buyers to get insurance. The owner of the FBO died in a plane crash (in a Navaho) a few weeks ago, and his widow hated everything to do with the business, so you might want to call them soon before the widow dumps the whole inventory on some asshole broker who won't be honest about the plane's background. -- Paul Tomblin http://xcski.com/blogs/pt/ "Pilots are reminded to ensure that all surly bonds are slipped before attempting taxi or take-off" --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.756 / Virus Database: 506 - Release Date: 9/8/2004 |
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