Insurance-saved $400 by one day

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ussyorktown
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Joined: Sun Apr 01, 2012 9:19 pm

Insurance-saved $400 by one day

Postby ussyorktown » Wed Aug 01, 2012 1:32 pm

I used a broker recommended by members of this forum. He sent me a renewal for one year at $2000. I signed it but didn't send it to him yet when he sends me an urgent email. From Jon Shimer, ins. broker.
"I got you one much cheaper!" It was for $1600. I guess these insurance companies set their rate but throwing darts at a board.

spooky981
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Postby spooky981 » Fri Aug 03, 2012 9:47 am

The best rental insurance I found was the AOPA Insurance Group. It's only like $179/year with a 10% renewal discount.

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drseti
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Postby drseti » Fri Aug 03, 2012 9:53 am

spooky981 wrote:It's only like $179/year


I'm guessing that's for liability only. What limit? How much is their hull insurance for, let's say, $100k limit?
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof. H. Paul Shuch, Ph.D., CFII, LSRM-A/GL/WS/PPC, iRMT
AvSport of Lock Haven
fly@AvSport.org
http://AvSport.org
http://facebook.com/SportFlying

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drseti
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Postby drseti » Fri Aug 03, 2012 9:54 am

I'm moving this thread from the Hangar Talk forum to the one on Insurance.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof. H. Paul Shuch, Ph.D., CFII, LSRM-A/GL/WS/PPC, iRMT
AvSport of Lock Haven
fly@AvSport.org
http://AvSport.org
http://facebook.com/SportFlying

ussyorktown
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Postby ussyorktown » Fri Aug 03, 2012 10:20 am

Its a million in liability and $94k for my 2007 air ship.

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drseti
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Postby drseti » Fri Aug 03, 2012 10:22 am

Sounds like you got an excellent rate, Dan.
The opinions posted are those of one CFI, and do not necessarily represent the FAA or its lawyers.
Prof. H. Paul Shuch, Ph.D., CFII, LSRM-A/GL/WS/PPC, iRMT
AvSport of Lock Haven
fly@AvSport.org
http://AvSport.org
http://facebook.com/SportFlying

jnmeade
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Location: Iowa

Postby jnmeade » Fri Aug 03, 2012 10:54 am

A million smooth?


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