To Whom It May Concern: For information about insurance.
I just insured my Legacy with AIG (AOPA) insurance
agency.
Cost for $200,000 hull insurance while in build status, with
1,000,000 liability (100,000 per person) was $2238 per
year. $100 deductible. Interesting exclusions on
deductible on first 25 hours, and an exclusion for
mold or fungus illnesses caused by construction epoxy!
I called Falcon, and for the same insurance they wanted
$2275.
I also called Aviation Insurance Corporation,
they refused to quote me a price?!?!?!?!
When aircraft flies, policy premium will go up to $4800 for my
experience level. (26,000 hours, Ex-Navy Pilot, ATP, retired AAL Captain) OUCH!!!!!!!!! Guess they don’t like Lancairs?
Good luck, and let me know if there are any better rates out
there with reputable insurance companies.
Ron Brice
N27RM, hope to fly around Christmas #179