Big Name schools and Insurance Rates

I have not seen any insurance applications asking for training record
besides total hours etc.
Having an instrument rating will certainly lower the insurance rate
(my insurance agent told me to expect at least 5% less). We obtained
our ratings 2 months after our renewal and have to wait until next year
to know the actual reduction.

Hai Longworth

wrote in message
ups.com...

I have not seen any insurance applications asking for training record
besides total hours etc.
Having an instrument rating will certainly lower the insurance rate
(my insurance agent told me to expect at least 5% less). We obtained
our ratings 2 months after our renewal and have to wait until next year
to know the actual reduction.

Hai Longworth

Surely, they can (should) make the update in mid policy period. I would go
elsewhere (or threaten to, until they did it) if they didn't.
--
Jim in NC

On 7-Jul-2005, " wrote:

Having an instrument rating will certainly lower the insurance rate
(my insurance agent told me to expect at least 5% less).


The savings depends heavily on the type of airplane. When my Arrow partners
got their IRs a few years ago (I've had mine for many years) our premiums
dropped about 15%. For some types, like a Mirage or P-210, a non-IR pilot
may not be able to get coverage at any price. I'd guess the savings would
be much less for a relatively simple plane like a C-172

--
-Elliott Drucker