Avoid Insurance Cancellation Gouge

I got a nasty surprise from AVEMCO yesterday: a $150 surcharge for
terminating my insurance before the policy expiration date.

'Turns out, most carriers impose a 10% "Cancellation Fee," according
to my new broker, Travers & Associates.

So, not only was AVEMCO non-competitive, they gave me the parting
shaft. Nonetheless, the surcharge merely erodes the overall savings
I've enjoyed by making the switch: nearly 25% of the annual premium!

Further, I was on the verge of buying a seaplane several months ago,
and after being refused by AVEMCO, Mike Travers of Travers &
Associates (1-800-888-9859 or ) beat the
bushes and located coverage. He has located coverage for my '53
Skywagon with AIG, saved me almost 25% with an AOPA membership.

All indications suggest AVEMCO is going the way of USAA in the
insurance field: a formerly wonderful company whose evolution has
rendered it less than desirable.



Andy Shane

ANDY'S HANGAR http://webpages.charter.net/andyshangar/