Mailing List lml@lancaironline.net Message #16344
From: Ron and Marlene Brice <rbrice@inter-linc.net>
Sender: Marvin Kaye <marv@lancaironline.net>
Subject: Legacy Insurance
Date: Mon, 18 Nov 2002 16:20:30 -0500
To: <lml>

To Whom It May Concern: For information about insurance.

 

I just insured my Legacy with AIG (AOPA) insurance agency. 

 

Cost for $200,000 hull insurance while in build status, with 1,000,000 liability (100,000 per person) was $2238 per year. $100 deductible. Interesting exclusions on deductible on first 25 hours, and an exclusion for mold or fungus illnesses caused by construction epoxy!

 

I called Falcon, and for the same insurance they wanted $2275.

 

I also called Aviation Insurance Corporation, they refused to quote me a price?!?!?!?!

 

When aircraft flies, policy premium will go up to $4800 for my experience level. (26,000 hours, Ex-Navy Pilot, ATP, retired AAL Captain)  OUCH!!!!!!!!!  Guess they don’t like Lancairs?

 

Good luck, and let me know if there are any better rates out there with reputable insurance companies.

 

Ron Brice

N27RM, hope to fly around Christmas  #179

 

 

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