Hey Bryan,
I know it is expensive, but go get the
time. Before I bought my kit, I spent a lot of money renting tin cans. I
found the highest performance ones I could with retractable gear, and all the
engine management stuff (it was turbo charged).
There are also flying clubs that you can
become part of that may even be cheaper. I know it looks like a lot of money,
but seriously, you came this far don’t stop now. Besides, the extra
flying can’t hurt. Just don’t do it in a 152 or a 172. Start a
flying club, I don’t know, just don’t give up on it.
Take your wife (or who ever your other half
is) on trips and go places while you build up time. I don’t know your
situation, but I don’t think you’ll regret it.
Happy New Year,
Kevin
Almost there….N969RJ L2K-291
From: Lancair Mailing List [mailto:lml@lancaironline.net] On Behalf Of Bryan Wullner
Sent: 2008-12-31 19:58
To: lml@lancaironline.net
Subject: [LML] Re: Insurance
AIG hasn't quoted me yet but they said in order to get insured in a 360
I would need 350TT and at least 50 in RG. Then after insuring they would
require more training in the aircraft before I could fly solo.
Im still waiting on 2 other companies to give me their requirements.
I dont have anywhere near 350TT so It's not looking good for me if the
other companies require the same. Anybody looking for a sweet 360 that is
ready for paint and Interior?
Bryan
On Mon, Dec 29, 2008 at 7:45 AM, Ken <kkellner1@new.rr.com> wrote:
From: n427jb@bellsouth.net [mailto:n427jb@bellsouth.net]
I did hear that Avemco was starting to insure Lancair
aircraft. I would ask that all report here on the LML our experiences
with other insurance companies.
After initial training with Pete Z in December 2007, AIG insured my
IV-P for the year 2008. They required annual recurrent training.
When it came time to renew / reapply for 2009 I tried to get them to
accept Jeff as the trainer, but they would only accept HPAT. And,
after 80 hours of IV-P time more than I had the previous year and after a
second round of training, my rates would increase 45% and my deductible
would go from $100 (one hundred) to $30,000 (thirty-thousand).
Jenney Estes at Nation Air Aviation Insurance (877-475-5860) found
coverage for me with Aerospace Insurance Managers. They accepted Jeff to
do the recurrent training. The deductible was $15,000 instead of $30,000
and the rate was 33% LESS than
the rate AIG quoted for 2009.
Some time during this process AIG changed their mind about not
approving Jeff for my recurrent training and said they would approve him for
this year only.
I went with Aerospace Insurance. Jenney Estes at Nation Air is
great to work with.
Initial training with Pete was great. He took me from zero
time to ten hours and I felt comfortable flying the airplane and very very
respectful of what could go wrong. Dealing with
HPAT scheduling, availability, cancellations due to lack of trainers,
returning phone calls, and clarity of expenses was extremely poor. I
reviewed this with Pete at that time in Dec 2007. He said that although it was
something he did not want to hear he was glad to hear it so he could take
steps to fix it.
Recurrent training with Jeff was outstanding. Jeff knows the
airplane and he know how to teach. The training syllabus and handout
material was very good. Dealing with Jeff in all of the "other"
aspects was a pleasure.
----- Original Message -----
Sent: Friday, December
26, 2008 7:33 PM
From: n427jb@bellsouth.net [mailto:n427jb@bellsouth.net]
I did hear that Avemco was starting to insure Lancair
aircraft. I would ask that all report here on the LML our experiences
with other insurance companies.
Avemco quoted me $4200 to insure my GlaStar, while for the exact same coverage AIG quoted
$2200. I switched companies (a no-brainer) and got into a legal battle
with Avemco over my cancellation. I had the Ohio Attorney General's
office threaten Avemco with a lawsuit and they finally backed off. Deal
with those buggers at your own peril.
Robert M. Simon
ES-P N301ES