Replies to This Discussion

Permalink Reply by Mark Maltais on January 30, 2015 at 10:25am

Yep, I use C-PLAN from EAA (Canadian version)  Insuring my partial kit to completion for 60k cost me about $600.00 a year.  I'm building in my garage which is attached to my house and an "airplane" is specifically not covered if something, god forbids, happens in there.  No "N" or "C" number required in my case, but they do want a serial number.  Not peanuts, but I sleep better! :D

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Permalink Reply by Tom Anderson on January 30, 2015 at 3:51pm

My project (STOL 750) is insured ($47,000) through Falcon for $580 per year. My hangar landlord required it.

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Permalink Reply by Tom Anderson on January 30, 2015 at 11:53pm

Falcon will accept a reserved N number. Just go to FAA registration site and reserve a registration number ( N number) and then contact Falcon.

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Permalink Reply by Paul Sanders on January 31, 2015 at 6:08pm

Avemco offered me partial kit insurance when I called them to get the required hangar liability insurance. I declined so have no idea what the cost was.

I only have a reserved N-number, too.

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Permalink Reply by David Warner on February 24, 2016 at 12:21pm

Hi Gary,

I was given a builders quote for my project (CH650) by AVEMCO for $280.  This would cover the aircraft only with no liability up to $20k with a $200 deductible.  I'm not sure but I think the guy said it would also cover lost construction time at $15/hour of logged time (perhaps I just dreamed that). 

Falcon through the EAA quoted $250, but didn't really give me any additional information except that they cover up to $40k and that it required an 'N' number (which I already have reserved anyway.

I suppose it might be important to try and figure out which would be easier to roll into flight insurance upon completion.  But I am a long way off from that.

Good luck.

Dave W

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Permalink Reply by John Austin on February 25, 2016 at 2:10pm

It's been my experience that a specialized, aviation insurance broker is the way to go. They can get you all the discounts the "alphabets" (AOPA, EAA, etc.) offer and usually at an even better price, anyway. Most professional aviation brokers actually talk to the underwriter that ultimately determines what you'll pay, so they can "sell" you to the underwriter and get the best price with the least number of restrictions/prerequisites  such as number of hours of dual required prior to solo or whether dual is required at all!  Virtually all the companies that insure experimentals will insure them under construction and usually all it then takes is a call to the broker to increase coverage for first flight since you're "pre-approved."

I've always used a broker - doesn't cost anything, better prices, and you don't have to do the "legwork!"

John

N750A

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Permalink Reply by Gary Welch on February 25, 2016 at 2:22pm

I went with Avemco for now. Cost me just over $200 , non flying. I will shop around when it comes to my flying aircraft insurance.

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