19 Apr 2024, 15:50 [ UTC - 5; DST ]
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Post subject: Re: Lancair IV-P Revelations  Posted: 26 Jun 2017, 19:10 |
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Joined: 11/22/08
Posts: 2921
Post Likes: +928
Company: USAF Propulsion Laboratory
Location: Dayton, OH
Aircraft: PA24, AEST 680, 421
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Username Protected wrote: Michael, tell me about insurance. That is the hold up for me.
What company, if you have it (not broker, but company).
I cant risk going bare with such an asset. Not even liability insurance? Lack of hull is one thing. Lack of liability would worry me.
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Post subject: Re: Lancair IV-P Revelations Posted: 26 Jun 2017, 20:54 |
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Joined: 03/09/11
Posts: 1727
Post Likes: +787
Company: Wings Insurance
Location: Eden Prairie, MN / Scottsdale, AZ
Aircraft: 2016 Cirrus SR22 G5
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Username Protected wrote: Michael, tell me about insurance. That is the hold up for me.
What company, if you have it (not broker, but company).
I cant risk going bare with such an asset. Not even liability insurance? Lack of hull is one thing. Lack of liability would worry me.
Hi Fred -
We have handled numerous placements over the years on all Lancair models (mostly Legacys, IV/IVP's and Evos) - yes the IVP has a horrible track record with the underwriting markets here in the USA. A good number of them won't touch the aircraft for either hull and liability or just liability only. That said you shouldn't have too much trouble getting a liability only policy however it will likely run you a few grand and based on your pilot experience of course. I prepared a matrix about 6 months ago for several of the USA based Lancair dealers - the matrix listed every available markets and who was writing what or not writing policies at all. If you would like I can send that market summary to you - just PM me.
PS - This information is in no way a personal bias for or against the aircraft - it is simply informational in terms of the current market appetite for Lancair insurance
Thank you th
_________________
Tom Hauge
Wings Insurance
National Sales Director
E-mail: thauge@wingsinsurance.com
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Post subject: Re: Lancair IV-P Revelations Posted: 16 Jun 2018, 15:13 |
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Joined: 12/03/17
Posts: 8169
Post Likes: +8699
Location: Brevard, NC
Aircraft: Lancair LNC2 - SOLD
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Username Protected wrote: Tap the brakes prior to retracting the gear otherwise the wheels can rub. Lancair must have changed wheel bearings on the IV. On the 2-place, the wheel bearings are highly pre-loaded so that the wheels won't spin more than a couple inches if you give them a push. That's to keep the integral bearing seals from spinning in the wheel.
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Post subject: Re: Lancair IV-P Revelations Posted: 18 Jun 2018, 02:15 |
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Joined: 02/04/08
Posts: 591
Post Likes: +160
Location: west Texas
Aircraft: LancairIV, Viking
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Username Protected wrote: How much for insurance Dave? 0 time in type 4000TT adequate retract/ME time 175K hull 1M/200K low 4 digits. (high 4 digits a year ago or less.) In the winter a competing buyer for the type was told by others (not Tom, pretty sure) $25K/yr.
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Post subject: Re: Lancair IV-P Revelations Posted: 18 Jun 2018, 11:09 |
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Joined: 04/11/16
Posts: 29
Post Likes: +28
Location: FFZ MESA,AZ
Aircraft: Baron 55
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Username Protected wrote: How much for insurance Dave? Insurance as follows: ATP 3000+ TT 250 in type 2500 turbine mainly MU2, also CE500 and DA10 Insurer: Acceleration Aviation Broker: Michelle Friday, Ladd Gardner Aviation Insurance 972-250-0400 Hull $300k Limit $1m/$100k Deductible $30k Medical $5k Total: $5330 BTW: I know of one other IVP who was cheaper, it was wrapped up with 4 Eclipse in a bundle.
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Post subject: Re: Lancair IV-P Revelations Posted: 18 Jun 2018, 11:12 |
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Joined: 01/31/10
Posts: 13101
Post Likes: +6970
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Michael,
At what speed does the IV-P stall in a turn with the brakes out?
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