Chad,

 

It is my belief that the Lycosaurus folks are propagating the myth that you can't insure your airplane unless it has a certified engine.  I insured through Sky Smith Ins.  I hadn't anticipated having to get insurance before renting a hangar at the municipal airport, but they wouldn't rent to me until I had it (with the city named on the policy).  So, it wasn't IF I wanted to insure my project, but that I MUST insure it, or I couln't move it to the airport.  This was "not in motion" coverage.  Later, when I was ready for first flight, it wasn't a problem.  And they covered me from first flight on.

 

I would highly recommend that you use Tracy's products.  That is one question they asked me and once I confirmed that I was using RWS redrive and engine controller, the rest was pretty painless.  Premium was $2900 for $100,000 hull value. 
 

Mark S.

 

On 10/25/07, Chad Jensen <cjensen@imageair.com> wrote:

Okay, this may be a touchy subject, I don't know...but, I need to know what I can expect in the future for insurance if I am going to make this happen.

Are you able to get insurance?  I ask that first, because I've been made aware that it is very difficult to get for first flight/phase I, and if you get it, it's VERY expensive.

 

So, next question...What kind of premiums are being paid?  Hull values?

 

Where are you getting it, if you have it?

 

Thanks!

 

Chad Jensen
RV-7