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Insurance recommendations please



 
 
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  #1  
Old June 11th 05, 03:07 AM
Doug Vetter
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City Dweller wrote:
I was hoping someone can recommend an insurance company for my new Diamond
Star. I am based in New Jersey. This would be a joint policy with my
instructor (I don't have my ticket yet). I have heard that Avemco is
overpriced, and I already submitted a quote request to Falcon. Any others?


What others say is true -- doesn't matter where your broker is, but FYI,
ours is right here in NJ:

http://www.wingsagency.com/

They're located at KVAY (South Jersey Regional). We've been happy with
their quotes and service.

FYI, you heard right. Stay away from Avemco unless you really like
paying double the going rate, or giving them tons of money over the
years only to have them drop you when you move up to an aircraft they
choose not to insure for some rediculous reason.

-Doug

--------------------
Doug Vetter, CFIMEIA

http://www.dvcfi.com
--------------------
  #2  
Old June 11th 05, 03:45 AM
George Patterson
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Doug Vetter wrote:

FYI, you heard right. Stay away from Avemco unless you really like
paying double the going rate, or giving them tons of money over the
years only to have them drop you when you move up to an aircraft they
choose not to insure for some rediculous reason.


Another trick Avemco uses is to give you a lowball rate (or at least a decent
one) for the first year and then jack your premium 10% or more. So, try them
anyway. If they give you a decent price, take it for a year. Just be prepared to
find another company when the price goes up.

And ... my broker is Chris Wolbert at 301-682-6200.

George Patterson
Why do men's hearts beat faster, knees get weak, throats become dry,
and they think irrationally when a woman wears leather clothing?
Because she smells like a new truck.
  #3  
Old June 11th 05, 07:11 AM
Doug
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I've had good luck with AVEMCO. Shop and compare. If you get a good
rate from one of the companies, go with them. But really, there are two
companies, AVEMCO and everyone else. MIght as well get a quote from
both.

  #4  
Old June 13th 05, 07:50 PM
Tina Marie
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In article Gfsqe.659$aR1.25@trndny02, George Patterson wrote:
Another trick Avemco uses is to give you a lowball rate (or at least a decent
one) for the first year and then jack your premium 10% or more. So, try them
anyway. If they give you a decent price, take it for a year. Just be prepared to
find another company when the price goes up.


Avemco has a reputation for insuring things that other companies
won't touch (experimentals), or pilots who are not otherwise
insurable in the aircraft (too low time or such).

It's not a bad deal if you insure with them for the first year,
fly a lot, then go with a different company when Avemco raises
your rates - by then you've got, say, 100 hours in type, and it's
easier to get a quote from another company.

Tina Marie
--
http://www.tripacerdriver.com "...One of the main causes
of the fall of the Roman Empire was that, lacking zero, they had no way
to indicate successful termination of their C programs." (Robert Firth)
 




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