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Insurance renewal data point

Posted: Wed Sep 07, 2016 8:10 am
by FastEddieB
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.

Re: Insurance renewal data point

Posted: Wed Sep 07, 2016 8:23 am
by MrMorden
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.