Return-Path: Received: from [24.227.161.51] (HELO qnsi-xch.qnsi.net) by logan.com (CommuniGate Pro SMTP 4.3c3) with ESMTP id 816030 for flyrotary@lancaironline.net; Tue, 22 Mar 2005 14:37:13 -0500 Received-SPF: none receiver=logan.com; client-ip=24.227.161.51; envelope-from=bhughes@qnsi.net X-MimeOLE: Produced By Microsoft Exchange V6.5.6944.0 Content-class: urn:content-classes:message Return-Receipt-To: "Bobby J. Hughes" MIME-Version: 1.0 Content-Type: multipart/alternative; boundary="----_=_NextPart_001_01C52F16.EC77842E" Disposition-Notification-To: "Bobby J. Hughes" Subject: Builders Risk Date: Tue, 22 Mar 2005 13:39:54 -0600 Message-ID: X-MS-Has-Attach: X-MS-TNEF-Correlator: Thread-Topic: Builders Risk Thread-Index: AcUvFuuEfY3FYZ1qTFuWga5EmNxl9w== From: "Bobby J. Hughes" To: "Rotary motors in aircraft" This is a multi-part message in MIME format. ------_=_NextPart_001_01C52F16.EC77842E Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Rusty, =20 I was quoted 1% of hull. 80k \ $800 annual. I will call SkySmith and give them a try. The 80k would not cover the cost of my finish kit. It is almost 12K.=20 =20 Bobby =20 =20 =20 =20 Here is the EAA components endorsement breakdown of coverages. =20 1. Tail Kit 5% of insured value 2. Wing Kit 10% of insured value 3. Fuselage Kit 15% of insured value 4. Finish Kit 10% of insured value 5. A Quick Build Kit 40% of insured value (if applicable) a quick build kit inlcudes items (1), (2), (3), and (4) 6. Engine & Propeller 30% of insured value 7. Avionics and Instruments 25% of insured value 8. Miscellaneous items 5% =20 I.e. Aircraft hull value $80,000 =20 1. Tail Kit insured up to $4,000 2. Wing Kit insured up to $8,000 3. Fuselage Kit insured up to $12,000 4. Finish Kit insured up to $8,000 5. Quick Build Kit (if applicable) $32,000 6. Engine & Propeller insured up to $24,000 7. Avionics and Instruments insured up to $20,000 8. Miscellaneous items insured up to $4,000 =20 If was a pleasure to speak with you on the phone earlier today. If you have any questions please give me a call toll free at 877-475-5860. =20 Thanks, =20 Aaron Wedge Account Executive NationAir Insurance Agencies, Inc Light Aircraft Branch =20 =20 Nation Air / EAA will write the policy at 1% of hull value.=20 =20 Was this a typo, or do you really mean 1%? =20 However once completed no other insurance is available through EAA or Nation Air. Avemco said after 100 hours of flight they had a third party that will write liability only. No one will cover the aircraft if a storm blows the hanger down.=20 =20 Try calling SkySmith. Scott really worked hard to get me liability coverage on my RV-3. I believe they insure several other rotary guys as well. I never asked about builders coverage, nor anything beyond the liability that's needed for my hanger police.=20 =20 What we need is a list of aircraft flying and those being build along with any other "certified engine" aircraft owned by these individuals. If we take fifty flying aircraft / builders risk and bid it as a package to the underwriters "winner take all" then we might get their attention. =20 Interesting idea. Can't hurt to try. =20 =20 Rusty (teaching people by phone how to power up their MRI scanners) =20 =20 ------_=_NextPart_001_01C52F16.EC77842E Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable

Rusty,

I was quoted 1% = of hull.=20 80k \ $800 annual. I will call SkySmith and give them a try. The = 80k would=20 not cover the cost of my finish kit. It is almost 12K. =

Bobby

Here is the EAA components = endorsement=20 breakdown of coverages.

1. Tail Kit 5% of insured = value
2.=20 Wing Kit 10% of insured value
3. Fuselage Kit 15% of insured = value
4.=20 Finish Kit 10% of insured value
5. A Quick Build Kit 40% of insured = value (if=20 applicable)
a quick build kit inlcudes items (1), = (2),=20 (3), and (4)
6. Engine & Propeller 30% of insured value
7. = Avionics=20 and Instruments 25% of insured value
8. Miscellaneous items=20 5%

I.e. Aircraft hull = value=20 $80,000

1. Tail Kit insured up to = $4,000
2.=20 Wing Kit insured up to $8,000
3. Fuselage Kit insured up to = $12,000
4.=20 Finish Kit insured up to $8,000
5. Quick Build Kit (if = applicable) =20 $32,000
6. Engine & Propeller insured up to $24,000
7. = Avionics and=20 Instruments insured up to $20,000
8. Miscellaneous items insured up = to=20 $4,000

If was a pleasure to speak = with you on=20 the phone earlier today. If you have any questions please give me = a call=20 toll free at 877-475-5860.

Thanks,

Aaron Wedge
Account=20 Executive
NationAir Insurance Agencies, Inc
Light Aircraft=20 Branch

Nation Air / = EAA will=20 write the policy at 1% of hull value.

Was this a typo, or do you really = mean=20 1%?

However once = completed no=20 other insurance is available through EAA or Nation Air. Avemco said = after 100=20 hours of flight they had a third party that will write liability only. = No one=20 will cover the aircraft if a storm blows the hanger down.

Try calling SkySmith. = Scott really=20 worked hard to get me liability coverage on my RV-3. I = believe they=20 insure several other rotary guys as well. I never asked=20 about builders coverage, nor anything beyond the liability = that's=20 needed for my hanger police.

What we=20 need is a list of aircraft flying and those being build along with any = other=20 "certified engine" aircraft owned by these individuals. If we take fifty = flying=20 aircraft / builders risk and bid it as a package to the = underwriters=20 "winner take all" then we might get their attention.

Interesting=20 idea. Can't hurt to try.

Rusty (teaching=20 people by phone how to power up their MRI = scanners)

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