current small aircraft market????

Matt Whiting wrote:


I. AIRCRAFT DESCRIPTION & PHYSICAL DAMAGE COVERAGE

Aircraft 1 of 1
NJAS3068 1966 CESSNA 210F
Number of Seats 6
Insured Value $70,000
Hull Coverage Full Ground & Flight
Deductible In Motion/Ingestion: $100
Deductible Not In Motion: $100

Approved Pilots for Aircraft NJAS3068 with requirements if applicable
Matthew Whiting
Any other pilots: Any private pilot or better having an instrument
rating having a minimum of 750 total logged hours including 250 hours in
retractable gear aircraft and at least 25 hours in the make and model.

Premium for Aircraft NJAS3068 is $3,785.00

__________________________________________________ __________
II. LEGAL LIABILITY PROTECTION - Limits of Liability
Single Limit Each Occurrence Including Passengers $1,000,000
Sub Limit per Passenger if applicable $100,000

__________________________________________________ __________
III. MEDICAL PAYMENTS Each passenger $1,000

Total Annual Policy Premium $3,785.00


That's a terrible quote. When I bought my Bo in the summer of 05 I had
zero retract time. About 1100 hours total, almost all in my 182. Hull
value $90K. Premium was $2800 for the same limits as you except the
medical payments are either $3K or $5K, I forget. Last year the premium
was $2300. This year I expect it will be less then $2K especially since
I won't forget to ask to have it insured for four seats only this time.

Newps wrote:


Matt Whiting wrote:


I. AIRCRAFT DESCRIPTION & PHYSICAL DAMAGE COVERAGE

Aircraft 1 of 1
NJAS3068 1966 CESSNA 210F
Number of Seats 6
Insured Value $70,000
Hull Coverage Full Ground & Flight
Deductible In Motion/Ingestion: $100
Deductible Not In Motion: $100

Approved Pilots for Aircraft NJAS3068 with requirements if applicable
Matthew Whiting
Any other pilots: Any private pilot or better having an instrument
rating having a minimum of 750 total logged hours including 250 hours
in retractable gear aircraft and at least 25 hours in the make and model.

Premium for Aircraft NJAS3068 is $3,785.00

__________________________________________________ __________
II. LEGAL LIABILITY PROTECTION - Limits of Liability
Single Limit Each Occurrence Including Passengers $1,000,000
Sub Limit per Passenger if applicable $100,000

__________________________________________________ __________
III. MEDICAL PAYMENTS Each passenger $1,000

Total Annual Policy Premium $3,785.00


That's a terrible quote. When I bought my Bo in the summer of 05 I had
zero retract time. About 1100 hours total, almost all in my 182. Hull
value $90K. Premium was $2800 for the same limits as you except the
medical payments are either $3K or $5K, I forget. Last year the premium
was $2300. This year I expect it will be less then $2K especially since
I won't forget to ask to have it insured for four seats only this time.

I agree, but I couldn't find a better one in my area.

Matt

On May 20, 7:55 pm, Newps wrote:

That's a terrible quote. When I bought my Bo in the summer of 05 I had
zero retract time. About 1100 hours total, almost all in my 182. Hull
value $90K. Premium was $2800 for the same limits as you except the
medical payments are either $3K or $5K, I forget. Last year the premium
was $2300. This year I expect it will be less then $2K especially since
I won't forget to ask to have it insured for four seats only this time.- Hide quoted text -


You can usually get a policy with the $100K sublimits if you have no
time in type, but forget smooth coverage. Even when I bought my
lowly Cherokee over a decade ago, I had to go the first year with the
$100K sublimit because I had no time in type. After the first year,
all of the companies except Avemco would quote a smooth policy.
Avemco doesn't do smooth.

By the way Newps, I think you got a great deal on your policy. Most
low-rectract time pilots usually take it in the shorts on their first
retract policy.

Last year at a backcountry strip, I met a guy selling a pristine '61
210 with a new engine and interior for just under $60K. He said he'd
had it on the market for 6 months, but none of the interested buyers
could get a reasonable insurance rate, so he had to keep lowering the
price. I think there's something that insurance companies don't like
about the 210 / Newbie retract pilot combo.

John Galban======N4BQ (PA28-180)

John Galban wrote:
On May 20, 7:55 pm, Newps wrote:

That's a terrible quote. When I bought my Bo in the summer of 05 I had
zero retract time. About 1100 hours total, almost all in my 182. Hull
value $90K. Premium was $2800 for the same limits as you except the
medical payments are either $3K or $5K, I forget. Last year the premium
was $2300. This year I expect it will be less then $2K especially since
I won't forget to ask to have it insured for four seats only this time.- Hide quoted text -



By the way Newps, I think you got a great deal on your policy. Most
low-rectract time pilots usually take it in the shorts on their first
retract policy.

And I am insured with Avemco. When I shopped around I got a slightly
lower quote with the company I had with the 182, Global. They were
about $100 cheaper but wanted 25 hours with an instructor. I told him
he was nuts and went with Avemco who only wanted 10 hours.



Last year at a backcountry strip, I met a guy selling a pristine '61
210 with a new engine and interior for just under $60K.


Struts, gear doors and an IO-470. What the hells the point?


He said he'd
had it on the market for 6 months, but none of the interested buyers
could get a reasonable insurance rate, so he had to keep lowering the
price. I think there's something that insurance companies don't like
about the 210 / Newbie retract pilot combo.

I have a friend with a Turbine P210. Same deal with those, you can't
give them away. You going to make Schafer third weekend in July?

Newps wrote:
You going to make Schafer third weekend in July?

It's looking like I will make it this year. I'll probably arrive on Sat.
morning.

John Galban=====N4BQ (PA28-180)

--
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flynrider via AviationKB.com wrote:

Newps wrote:

You going to make Schafer third weekend in July?


It's looking like I will make it this year. I'll probably arrive on Sat.
morning.



Good, look for the yellow and white V tail and stop by and say hi. We
always arrive Thursday morning as then we get a full day with the place
to ourselves.