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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 12:20 
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The V is quite a bit sportier and the insurance is likely going to make you cart around a second officer for a while.


A 560 requires a crew of 3?

:stir: :whistle:


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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 12:39 
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Data Point:

As of yesterday. Insurance on 560 Excel/XLS $25MM liability approx. ($6K) and $2.5MM hull .25-.30/100 ($7,500-ish).

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 14:47 
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Joined: 01/31/09
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Location: Northern NJ
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Username Protected wrote:
Data Point:

As of yesterday. Insurance on 560 Excel/XLS $25MM liability approx. ($6K) and $2.5MM hull .25-.30/100 ($7,500-ish).


Single pilot or 2 crew?

What is the open pilot qualifications?

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Allen


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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 14:56 
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Username Protected wrote:
Data Point:

As of yesterday. Insurance on 560 Excel/XLS $25MM liability approx. ($6K) and $2.5MM hull .25-.30/100 ($7,500-ish).


Single pilot or 2 crew?

What is the open pilot qualifications?


I don’t believe SPE is available for the 560XL (could be wrong).

Early in process. Full quote/qual not complete so I don’t have other stips at this point.
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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 16:00 
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Joined: 02/26/11
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Location: Fort Worth, TX
Username Protected wrote:

Single pilot or 2 crew?

What is the open pilot qualifications?


I don’t believe SPE is available for the 560XL (could be wrong).

Early in process. Full quote/qual not complete so I don’t have other stips at this point.


560XL is two pilot only. No SPE exists.

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 16:28 
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Joined: 12/03/14
Posts: 20728
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Company: Ciholas, Inc
Location: KEHR
Aircraft: C560V
Another data point:

S550 + FJ44, hull $1.6M, liability $5M.

Hull premium: $6,400 (0.40% hull rate)
Liability premium: $4,750
Deductible: NIL motion, NIL not in motion

Pilot qualifications:

Mike Ciholas -- Must obtain his COM then get his CE500 type rating from a simulator based program with SPE Initial from an approved simulator based program followed by an additional 25 hours of mentor time with an approved mentor pilot. Annual G&F training at an approved facility thereafter.

Open pilot warranty:

CMI or better/ Typed/3,000TT/ 2,000ME/ 1,000Jet/100MM + All pilots must successfully complete an underwriter approved G&F training program for the insured MM within the 12 months preceding any intended flight.

Underwriter: Brown

For comparison, my MU2 policy is $4,950 for a $450K hull (1.1% hull rate), $4,000 for $5M liability. I expect when I get some time in the jet, it will be cheaper to insure than the MU2 despite much higher hull value.

Note that I have 0 jet time, about 1300 hours MU2 time, no type rating, so I'm a jet rookie, but moderate turbine experience.

Despite my rookie status, 5 underwriters quoted, prices ranged from $11,150 to $14,950.

The overall impression is that insurance in the Citation market is widely available and reasonable cost.

Mike C.

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 16:43 
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Is the 560XL the same type rating as a 500; seems a bit odd if so.


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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 16:54 
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Joined: 12/03/14
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Company: Ciholas, Inc
Location: KEHR
Aircraft: C560V
Username Protected wrote:
Is the 560XL the same type rating as a 500; seems a bit odd if so.

No, the 560XL has a different type rating: CE-560XL.

Mike C.

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 17:08 
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Username Protected wrote:
Is the 560XL the same type rating as a 500; seems a bit odd if so.

Nope.

Ultra wing plus X fuselage. I’ll start a different thread if it goes further.

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 17:51 
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Username Protected wrote:
...I’ll start a different thread if it goes further...



Is that a threat?

:tongue:

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 19 Jun 2018, 22:56 
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Joined: 01/04/18
Posts: 200
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Aircraft: Beech F33A
Username Protected wrote:
Is the 560XL the same type rating as a 500; seems a bit odd if so.

Nope.

Ultra wing plus X fuselage. I’ll start a different thread if it goes further.


It is not the X fuselage. Much smaller than the X, but the same cross section though.

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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 20 Jun 2018, 06:39 
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Joined: 03/09/13
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Location: Byron Bay,NSW Australia
Aircraft: C525,C25A,C25C,CL604
Username Protected wrote:
Ultra panel


What’s the red light next to the LH N2 reading on for?

Andrew


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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 20 Jun 2018, 08:13 
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Joined: 03/09/11
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Company: Wings Insurance
Location: Eden Prairie, MN / Scottsdale, AZ
Aircraft: 2016 Cirrus SR22 G5
Username Protected wrote:
The overall impression is that insurance in the Citation market is widely available and reasonable cost.

Mike C.


It is if you are talking about $1m-$2m aircraft - however if you are an owner/operator looking at a $4m+ aircraft then the market becomes very tight especially for jet transition type risks. It gets even tighter when the subject aircraft is in the P300, CJ3/4 or PC24 space at $8m+. Capacity is still there but we are down a couple of underwriting markets from a year or two ago. :cheers:

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Tom Hauge
Wings Insurance
National Sales Director
E-mail: thauge@wingsinsurance.com


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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 20 Jun 2018, 09:06 
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Joined: 05/29/13
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Company: Easy Ice, LLC
Location: Marquette, Michigan; Scottsdale, AZ, Telluride
Aircraft: C510,C185,C310,R66
Username Protected wrote:
Ultra panel


What’s the red light next to the LH N2 reading on for?

Andrew


Overspeed n2. Looks like an indication error.
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Mark Hangen
Deputy Minister of Ice (aka FlyingIceperson)
Power of the Turbine
"Jet Elite"


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 Post subject: Re: Cessna Citation 500 Series vs Citation Jet 525 Series
PostPosted: 20 Jun 2018, 09:07 
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Squawk that popped up. Mark is correct.

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