current small aircraft market????

Jim Carter wrote:
Matt - it looks like their issue was 50 Hrs in type at the time of the
request. Also, you were asking for straight liability only - no hull
coverage. Were you approaching the request as a renter?


I asked for full coverage at first including $1MM smooth liability (see
below), but after I fell out of my chair seeing the premium and they
hadn't quoted the $1MM smooth per my request. I then asked again what
liability only would be with $1MM smooth since they had given no reason
for not quoting the requested covered in round 1. I then got the
response that they wouldn't write that coverage so I passed on purchase
of the 210. If I can't fly on company business, my person "business
case" for buying an airplane is in much poorer shape...

Matt



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