BeechTalk - BT

Username Protected · **Posted:** 02 Jan 2020, 12:30

Username Protected wrote:

The Mosquito and similar is what prompted me to take some heli lessons last year. I stopped an hour or so before soloing when I checked on renters insurance and it was $7,500+ per year on a Schweizer 300.

What physical damage coverage did you price out? The reason I ask is that the only way piston rotor non-owned insurance is going to be $7500 is if you buy the max hull coverage - which I think is $200k and also the max liability - in that case yes the annual premium for that policy comes out around $7500. Generally non-owned policies aren't purchased to cover the entire asset value in the event of a loss - I would think whatever the rotors in motion deductible the flight school has would be sufficient and any requirements to cover above that on a non-owned policy would be defined within the rental agreement.

CV Starr has probably the best rotor non-owned policy that i'm aware of so those numbers above are from their coverage offerings.

Username Protected · **Posted:** 02 Jan 2020, 23:55

Username Protected wrote:

The Mosquito and similar is what prompted me to take some heli lessons last year. I stopped an hour or so before soloing when I checked on renters insurance and it was $7,500+ per year on a Schweizer 300.

What physical damage coverage did you price out? The reason I ask is that the only way piston rotor non-owned insurance is going to be $7500 is if you buy the max hull coverage - which I think is $200k and also the max liability - in that case yes the annual premium for that policy comes out around $7500. Generally non-owned policies aren't purchased to cover the entire asset value in the event of a loss - I would think whatever the rotors in motion deductible the flight school has would be sufficient and any requirements to cover above that on a non-owned policy would be defined within the rental agreement.

CV Starr has probably the best rotor non-owned policy that i'm aware of so those numbers above are from their coverage offerings.

Username Protected · **Posted:** 03 Jan 2020, 09:50

Username Protected wrote:

I will have to look at my quote but pretty sure I asked for $150,000 which would be the full value of this 300. I had both of my fixed wing brokers quote it and the $7,300ish?? Quote was the lowest with the worst coverages/limits etc.
This 300 is owned by the instructor ........ registered in his corporation.
He said if I had an accident solo that I would have to cover the $12,000 deductible. That deal is only available to students that he solo’d.
I don’t know if covering the deductible was his rule or the insurance company’s but either way I figure that after the insurance company pays him, they would come after me for the balance.
He was supposed to clarify how it works and I believe that fell thru the cracks.

Hi Tony-
If you quoted $150k physical damage and $1m limited to $100k each passenger liability premium should have come in slightly less than $5k per year. Again CV Starr has about the best non-owned policy for piston rotorcraft. Not sure what the other brokers you noted were looking at but pricing should have been no where near $7500. :cheers:

Username Protected · **Posted:** 05 Jan 2020, 01:09

Thanks Tom.
I watched some of these Mosquito videos the other week and that got me to wondering if I needed to go take another lesson. Maybe if I hold off, it (that thought) will go away.

Even using $5,000 plus $300 hour at not so many hours a year doesn’t seem to make very good economic sense ..... kinda like owning two airplanes.

Username Protected · **Posted:** 05 Jan 2020, 11:28

What would it cost to insure the XE or XEL for liability only assuming owner is willing to take a full value loss?

Username Protected · **Posted:** 05 Jan 2020, 21:29

This is just my thought. I own a r22 that I use in my business quiet a bit, it has been very reliable and predictable in maintenance and performance. I usually fly alone so performance is good. I am in the ag. business, so I really can get a lot of use from it and I depend on it.
I have enough things to tend to that are mechanical in nature and I was looking for safety and something that would go 100 hrs. without maint. other than oil change.
If you want a machine to fly occasionally for fun I think some of these home builts may be fine I just don’t know how long you can Go without some kind of tweeking or adjustments.
I think 4 cycle would be more reliable and I understand some of these fly very well.
Nothing like the freedom of a helicopter.
RAWL

Username Protected · **Posted:** 01 Feb 2020, 13:13

Looks and sounds like my 1.05 os powered 700 class.

Looks like fun!

Les

Anyone own a Mosquito helicopter?