08 Jun 2025, 19:14 [ UTC - 5; DST ]
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Post subject: Experimental Insurance Posted: 03 Sep 2015, 15:53 |
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Joined: 10/05/09 Posts: 1166 Post Likes: +446 Location: Charleston, SC (KJZI)
Aircraft: Phenom 300, Bell 505
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For those of you who have experimental aircraft have you had issues getting insurance? Is there an agent or company that is stronger in the experimental market or are they all equivalent? I've used AOPA, Falcon, and currently use Wings for my prime mover. In an act of adolescent stupidity I put an offer on an experimental "toy" that it looks like I may shortly own. Stock market is crashing, world economy on the brink of financial ruin....hey I know, lets buy an airplane that I really don't need! My wife is going to neuter me. 
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Post subject: Re: Experimental Insurance Posted: 03 Sep 2015, 18:47 |
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Joined: 03/09/11 Posts: 1764 Post Likes: +825 Company: Wings Insurance Location: Eden Prairie, MN / Scottsdale, AZ
Aircraft: 2016 Cirrus SR22 G5
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Username Protected wrote: A one-off experimental may be difficult to insure. Sooo, what kind of toy are you talking about? Not true David - a one-off experimental is not an issue to insure there are just perhaps limited underwriting options but coverages should not be a challenge to come by regardless of what type of experimental you are dealing with.
_________________ Tom Hauge Wings Insurance National Sales Director E-mail: thauge@wingsinsurance.com
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Post subject: Re: Experimental Insurance Posted: 03 Sep 2015, 21:44 |
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Joined: 10/05/09 Posts: 1166 Post Likes: +446 Location: Charleston, SC (KJZI)
Aircraft: Phenom 300, Bell 505
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When the deal is done I'll post pic's of the new toy; provided I still have my male anatomy intact.
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Post subject: Re: Experimental Insurance Posted: 04 Sep 2015, 11:43 |
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Joined: 03/23/08 Posts: 7357 Post Likes: +4088 Company: AssuredPartners Aerospace Phx. Location: KDVT, 46U
Aircraft: IAR823, LrJet, 240Z
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I probably disagree a bit with above, true "one-off" aircraft can absolutely be more difficult to insure. I do a lot of that sort of thing. Market is much more limited and many times they won't want to write hull coverage, or else it will be vrry expensive. Although many one-offs just have a different name for the same plane due to the builder being the Manufacturer. Regular experimentals like Vans are just a no brainer. Warbird, radial piston stuff pretty easy and cheap. Warbird, turbine gets more limited and hull is expensive. Regardless... pics prove it has happened. 
_________________ Tom Johnson-Az/Wy AssuredPartners Aerospace Insurance Tj.Johnson@AssuredPartners.com C: 602-628-2701
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Post subject: Re: Experimental Insurance Posted: 04 Sep 2015, 12:53 |
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Joined: 12/22/07 Posts: 14309 Post Likes: +16254 Company: Midwest Chemtrails, LLC Location: KPTK (SE Michigan)
Aircraft: C205
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Username Protected wrote: Howard 500 is easy. Kinda just a Lockheed. Now a Snargasher... that's some one off %#$@ right there. I was pretty certain that you were just making that up; but ... SoAB, the Snargasher does exist. I will never doubt you again! https://en.wikipedia.org/wiki/Reid_and_Sigrist_R.S.1
_________________ Holoholo …
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Post subject: Re: Experimental Insurance Posted: 12 Sep 2015, 13:40 |
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Joined: 10/05/09 Posts: 1166 Post Likes: +446 Location: Charleston, SC (KJZI)
Aircraft: Phenom 300, Bell 505
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Well it is official, I bought the Radial Rocket Neal had listed on BeachTalk. My index finger was getting a blister flying the Phenom so I needed to mix it up a little. My wife, bless her heart, has been terrific in her support of my "hobby". As I get comfortable with the plane I will post some actual performance numbers. The plane will be primarily used for $100 hamburger runs and general stick-n-rudder fun. Details to the max on Neal's "for sale" post. viewtopic.php?f=43&t=97013
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Post subject: Re: Experimental Insurance Posted: 12 Sep 2015, 17:02 |
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Joined: 02/23/14 Posts: 1555 Post Likes: +1326 Location: KCOU
Aircraft: PA-28 / C-182
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Oh man you got a beast on your hands!
_________________ John Chancellor PPL ASEL, AGI, IGI In memory of the victims of the Dictatorship
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Post subject: Re: Experimental Insurance Posted: 13 Sep 2015, 00:58 |
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Joined: 08/24/13 Posts: 804 Post Likes: +562 Company: Retired Location: Farmersville, TX
Aircraft: 2007 RANS S-6ES
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Username Protected wrote: Well it is official, I bought the Radial Rocket Neal had listed on BeachTalk. My index finger was getting a blister flying the Phenom so I needed to mix it up a little. My wife, bless her heart, has been terrific in her support of my "hobby". As I get comfortable with the plane I will post some actual performance numbers. The plane will be primarily used for $100 hamburger runs and general stick-n-rudder fun. Details to the max on Neal's "for sale" post. viewtopic.php?f=43&t=97013Gorgeous plane - you are a lucky guy!
_________________ Jim Parker 2007 Rans S-6ES
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