Return-Path: Received: from pop3.olsusa.com ([63.150.212.2] verified) by logan.com (CommuniGate Pro SMTP 3.5b3) with ESMTP id 848291 for rob@logan.com; Wed, 08 Aug 2001 11:12:48 -0400 Received: from host1.dynacomm.ws ([198.22.63.66]) by pop3.olsusa.com (Post.Office MTA v3.5.3 release 223 ID# 0-71866U8000L800S0V35) with ESMTP id com for ; Wed, 8 Aug 2001 10:04:21 -0400 Received: from [207.74.178.7] (lorn.mich.com [207.74.178.7]) (authenticated) by host1.dynacomm.ws (8.10.2/8.10.2) with ESMTP id f78EEFV25372 for ; Wed, 8 Aug 2001 10:14:15 -0400 Mime-Version: 1.0 Message-Id: In-Reply-To: <20010808040940.AAA1026@pop3.olsusa.com> References: <20010808040940.AAA1026@pop3.olsusa.com> Date: Wed, 8 Aug 2001 10:14:22 -0400 To: From: "Lorn H. Olsen" Subject: Re: Insurance Coverage Content-Type: text/plain; charset="us-ascii" ; format="flowed" X-Mailing-List: lancair.list@olsusa.com Reply-To: lancair.list@olsusa.com <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> << Lancair Builders' Mail List >> <<<<<<<<<<<<<<<<--->>>>>>>>>>>>>>>> >> >Date: Tue, 7 Aug 2001 08:15:59 -0400 >From: "Ed de Chazal" > >Bodily Injury: $100,000 each person (max available from Avemco) >Property Damage: $1 million (Total liability limited to $1 million each >accident) >Aircraft Damage: $150,000 insured value >Deductible: $10,000 both in motion and not in motion > >The cost is: Bodily Injury plus Property damage - $576 / yr. For the same coverage from Avemco, I pay $484 / yr. >Aircraft Damage - $3,312 /yr. For $70,000 value and $500 im & nim, I pay $1,571 / yr. >I'm a 550 hr instrument rated pilot with 100 hours in type and no accidents. >The plane did cost around $150k when I add up all the invoices (not >including labor). I am a 1,900 hr Commercial, Instrument rated pilot also ASMEL & ASES with 300 hrs in type and with 2 nose gear incidents 1 and 2 years ago(cost Avemco $15,000 for each one). Doubling the hull value should double the premium. The flight experience must account for the balance of the rate differential. It doesn't seem that my incidents contributed to the premium. I also have a C340. Avemco lowered my premiums by 10% when I reached 150 hrs in multi's and another 10% at 200 hrs. You should ask them when your premiums will go down. Call them as soon as you reach the benchmarks and they will lower the rates on that very day. -- Lorn H. 'Feathers' Olsen, DynaComm, Corp. 248-771-1010, lorn@dynacomm.ws LNC2, O-320, N31161, KYIP, Michigan >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> LML website: http://www.olsusa.com/mkaye/maillist.html LML Builders' Bookstore: http://www.buildersbooks.com/lancair Please send your photos and drawings to marvkaye@olsusa.com. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>