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#1
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Insurance requirements out of hand? - AOPA high perf retractable for Flying Clubs
Just a question to see if this is typical. Evidently the only agency now
willing to insure Flying Club high performance retractables is AOPA. Its great they are stepping up to help AOPA members, we have a 210 and Avemco has left the market. However the new policy in effect for our club will be 250TT (good - it used to be 350), 50 hours retractable, 25 in type. Is this typical for other clubs with AOPA? Who is going to be willing to pay for 25 hours with an instructor? Remember this is a flying club where members supposedly are able to move up to planes as they gain experience. That is a lot of money and time to haul an instructor around if you were able to get Bonanza or other comparable time. Even 25 hours dual is not enough if that is the only retractable time. Then a potential student is looking at 50 hours dual with an instructor or else find a club with an Arrow I guess. Did the high performance airplane just receive a death sentence for clubs? Ron |
#2
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Dear God, get rid of that 210 right away. Get a more reasonable retract
like an Arrow or a 172RG or 182RG (even a Mooney). The accident rate and repair costs on a 210 are outrageous. Its no wonder you can buy them cheap, they are unreasonable to keep running. They have an enormous accident rate as a result of the gear forgetting to come down and pilots thinking they are flying 172s. When anything in the gear is damaged its going to cost an arm and a leg. Insurance co's would really, really like the 210 to just go away. Call your agent and talk about requirements for a more typical retract rental. |
#3
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On Mon, 14 Feb 2005 12:38:39 -0600, "ron" wrote:
However the new policy in effect for our club will be 250TT (good - it used to be 350), 50 hours retractable, 25 in type. Is this typical for other clubs with AOPA? I don't know about clubs. But the open pilot requirements on my Mooney are Private or Commercial; Instrument Rating; 500 hrs PIC time with at least 100 hrs retract, including ten hours in type -- and type is defined specifically as an M20E (and not any of the other M20 models). Ron (EPM) (N5843Q, Mooney M20E) (CP, ASEL, ASES, IA) |
#4
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ron wrote:
Just a question to see if this is typical. Evidently the only agency now willing to insure Flying Club high performance retractables is AOPA. Its great they are stepping up to help AOPA members, we have a 210 and Avemco has left the market. It's not NEW. The reason our flying club pretty much fell apart (with a couple of Arrows, a Navion, and a couple of tail draggers on the line), was that the insurance was getting to be unobtainable. That was five+ years ago. |
#5
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That's strange. I've never seen an insurance co make a difference
between M20's. My open policy is 500 TT 100 retract and 25 in M20. As your time goes up, and your rate goes down, the open pilot goes up. When I bought my Mooney I had some time in a C model and my partner had 2 hours in a J 5 years prior. They credited that to us and we were good to go w/o any F model instruction. -Robert |
#6
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Robert,
I think that is a pretty harsh assesment of the Cessna T210. My partner and I have owned ours for about 8 months now, and the requirements we had to get insurance were similar to those being quoted above. We were both +100 hr Private pilots, with all but a few hours being in 172s. We looked at a "gap" plane such as a 182 or an Arrow, but decided that neither of these would meet our mission requirements (4 adult passengers), and would be more of a compromise in performance than we were willing to make. After some serious soul searching, we decided to jump straight to the 210, which would immediately meet our mission requirements and be a "keeper" for a long time to come. Insurance Requirements: 30 hours dual, of which 20 hrs. had to be instrument training. 10 hours solo before carrying passengers. Outrageous? Depends on what you want to do. We both plowed through our training hours in about 2 months. It seemed to take forever and be expensive at the time, but now it is just a distant and fond memory. Now we fly the plane we want, and are looking forward to a 25% reduction in our insurance rate at the end of this first year. That being said, the plane itself is not all that different from a 172. (no, really!) The flight characteristics are similar, as long as you remember your GUMPS check before landing. Engine and turbocharger management are critical for longevity, and a knowledgable mechanic and the help of an excellent support group at the Cessna Pilot's Association (http://www.cessna.org/) makes it a pleasure to learn about and operate our plane. We are both getting very close to our instrument checkrides, and have each put about 70-80 hrs. on the plane in the time we've owned it. I had (have) a VERY healthy respect for the plane when we went for the deal, and we both spent a lot of time learning as much as we could about it before we bought it, mostly because of all the horror stories. If you get a good one (full-on annual for a pre-buy inspection by a mechanic who knows the 210), and keep up with the maintenance with the help of a mechanic knowledgable on the 210 systems, I don't think it is any more of a maintenance hog than any other airplane. Parts costs are inline with others (probably less than Beech, more than Piper) and still readily available, and nothing is more or less prone to wear out than normal. I guess I've rambled about my baby for long enough. Shouldn't have let the cat out of the bag; now everyone is going to want one! Definitely not great as a "rental". I think in a "club", however, with other like-minded, safety-conscious pilots who are willing to learn about the plane and how to fly it the right way, it is a very good plane. WW Robert M. Gary wrote: Dear God, get rid of that 210 right away. Get a more reasonable retract like an Arrow or a 172RG or 182RG (even a Mooney). The accident rate and repair costs on a 210 are outrageous. Its no wonder you can buy them cheap, they are unreasonable to keep running. They have an enormous accident rate as a result of the gear forgetting to come down and pilots thinking they are flying 172s. When anything in the gear is damaged its going to cost an arm and a leg. Insurance co's would really, really like the 210 to just go away. Call your agent and talk about requirements for a more typical retract rental. |
#7
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On 15 Feb 2005 09:01:47 -0800, "Robert M. Gary" wrote:
That's strange. I've never seen an insurance co make a difference between M20's. My open policy is 500 TT 100 retract and 25 in M20. As your time goes up, and your rate goes down, the open pilot goes up. When I bought my Mooney I had some time in a C model and my partner had 2 hours in a J 5 years prior. They credited that to us and we were good to go w/o any F model instruction. -Robert Since no one else flies my airplane, it was not an issue for me and I did not question it. Ron (EPM) (N5843Q, Mooney M20E) (CP, ASEL, ASES, IA) |
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