Current Insurance Rates
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- Veteran Member
- Posts: 136
- Joined: Fri Mar 23, 2012 8:57 pm
Current Insurance Rates
Just wondering what insurance rates others are getting. I currently self insure the hull and have liability only because I can't find insurance at a level I am willing to pay. I'm getting rates of $3000 per year to insure $60,000. That's with 300 hours in a Highlander. To me that seems excessive, but I have no frame of reference.
- marl59
- Seasoned Member
- Posts: 84
- Joined: Thu Oct 22, 2015 5:59 pm
- Location: Oakland, CA
Re: Current Insurance Rates
Hi Fred,
I'm paying $1,300+ per year for my Highlander. 350 hours in type. 1,200 hour private pilot, complex/high performance & tail wheel endorsements. No instrument rating. 3k does seem high.
I'm paying $1,300+ per year for my Highlander. 350 hours in type. 1,200 hour private pilot, complex/high performance & tail wheel endorsements. No instrument rating. 3k does seem high.
- danerazz
- Veteran Member
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- Joined: Tue Aug 18, 2009 9:33 pm
- Location: Bangor
Re: Current Insurance Rates
Be careful of engine choice, it makes a BIG difference!
Dane
Paralysis by analysis
#242
Paralysis by analysis
#242
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- New Member
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- Joined: Sun Jul 12, 2020 6:06 pm
Re: Current Insurance Rates
Last summer I bought a 2015 Highlander with 912 ULS. I had 3 hours of tailwheel time (with an endorsement) and around 1000 hours total most high performance/complex. I could only find one insurer that would do any type of policy and it was over $3000 for full coverage. I did it for the first year, but won't do full coverage next year - it's just way to much money
- marl59
- Seasoned Member
- Posts: 84
- Joined: Thu Oct 22, 2015 5:59 pm
- Location: Oakland, CA
Re: Current Insurance Rates
To add to the discussion, my carrier was already insuring my Bonanza. They required 10 hours of dual in my Highlander and a tail wheel endorsement. The first year I paid about $1,600 and it has steadily gone down from there to about $1,300 per year now. PM me if you'd like my broker's contact and/or additional info. Good luck!
- BDA
- Veteran Member
- Posts: 707
- Joined: Mon Aug 22, 2016 11:25 am
- Location: Kenai Alaska
Re: Current Insurance Rates
The only company I could find in Alaska for the Superstol is Avemco, nobody else would insure.
They quoted 4,400 per year for liability and 50,000 hull.
Almost 8,000 for 120,000
They quoted 4,400 per year for liability and 50,000 hull.
Almost 8,000 for 120,000
SuperStol XL Alaskan With Titan 340
N331AK. Shawn Taplin
Wing extensions,Symetrical Airfoil tail ribs (NACA 21)
Mods in progress: Heavier struts, Double slotted flaps
Goal: 15mph no wind
N331AK. Shawn Taplin
Wing extensions,Symetrical Airfoil tail ribs (NACA 21)
Mods in progress: Heavier struts, Double slotted flaps
Goal: 15mph no wind
- stpilot09
- Forum Regular
- Posts: 22
- Joined: Thu Aug 27, 2020 8:30 pm
- Location: NorCal
Re: Current Insurance Rates
Damn...BDA wrote:The only company I could find in Alaska for the Superstol is Avemco, nobody else would insure.
They quoted 4,400 per year for liability and 50,000 hull.
Almost 8,000 for 120,000
Im with Avemco, started at $2500 for liability, 100k hull value. At the time I bought it, I was 9000 hours but only 100 TW so they made me do 10 hours dual in make and model.
Avemco has a few roll backs with experience, when I hit 50 hours make and model it dropped a bit and then again at 150 hours, currently at $2100.
Tim
- KevinC
- Veteran Member
- Posts: 447
- Joined: Fri Aug 19, 2005 12:42 am
- Location: Prosser, Washington
Re: Current Insurance Rates
Mine has gone up 24 and 27% in past two years currently at ~$2200 for 50k hull value - 1100 TT and 530 MM/TW. Was down to $1300 a few years ago.
Marl59 I need to talk to your agent!
k
Marl59 I need to talk to your agent!
k