Insurance renewal data point

Talk about airplanes! At last count, there are 39 (and growing) FAA certificated S-LSA (special light sport aircraft). These are factory-built ready to fly airplanes. If you can't afford a factory-built LSA, consider buying an E-LSA kit (experimental LSA - up to 99% complete).

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FastEddieB
Posts: 2136
Joined: Wed Jan 07, 2009 9:33 pm
Location: Mineral Bluff, GA

Insurance renewal data point

Postby FastEddieB » Wed Sep 07, 2016 8:10 am

Just got my renewal email yesterday.

In part...

Image

Can't complain!

Some have worried about the insurance rate ramification of converting from S-LSA to E-LSA. Recall my rate went down slightly, albeit because they would only insure the hull to a slightly lower amount.
Fast Eddie B.
Sky Arrow 600 E-LSA • N467SA
FastEddieB@mac.com

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MrMorden
Posts: 1733
Joined: Fri Aug 17, 2012 7:28 am
Location: Athens, GA

Re: Insurance renewal data point

Postby MrMorden » Wed Sep 07, 2016 8:23 am

FastEddieB wrote:Some have worried about the insurance rate ramification of converting from S-LSA to E-LSA. Recall my rate went down slightly, albeit because they would only insure the hull to a slightly lower amount.


My broker said that if you are E-LSA for maintenance reasons there is no change in premium or coverage. If the airplane gets modified then underwriters have to get involved.
Andy Walker
Athens, GA
Sport Pilot ASEL, LSRI
2007 Flight Design CTSW E-LSA


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