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Hull/Liability Insurance Recommendations
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October 13th 04, 08:56 PM
TripFarmer
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Rick,
Don't discuss limits with Jim. He's very "touchy" about discussing them.
Trip
In article ,
says...
Jim,
Those rates sound extremely low for a Cessna 182 of any vintage. What
is the hull value you are insuring? What is the liability coverage
(if you are getting less than $1 million smooth you may very well have
inadequate coverage as the "$100,000 sublimit" policies mean only
$100,000 is available per injured/deceased person, which is not
adequate for such a claim and puts your assets at risk)?
It sounds as if your broker has shopped the market. The companies you
referenced are all very reputable. The concern I have is that the
quote you have just seems too low by a large factor. I would be
surprised to find satisfactory coverage for a Cessna 182 for under
$2,000 a year.
All the best,
Rick
Jim Weir wrote in message news:5kuom0lellcqee5m6nn2o44i9v272
...
The BlueOnBlue 182 is coming up for insurance (hull & liability) renewal in
about fifteen days. I'm very careful to get competitive quotes using the same
coverage. So far it is:
Phoenix $805
AIG $920
Global $939 (current carrier with no renewal discount)
Any suggestions on another quote that can be done inside a week?
Any COMMENTS, good or bad, about the two lowest bidders?
Jim
Jim Weir (A&P/IA, CFI, & other good alphabet soup)
VP Eng RST Pres. Cyberchapter EAA Tech. Counselor
http://www.rst-engr.com
TripFarmer