light sport pilot insurance anyone?

[jack clifton]

Does anyone have an idea of how much insurance would be for a guy who is flying a tcraft as a light sport catagory aircraft? I am talking about liability and hull coverage. I checked with e.a.a. today, to late for a quote. Just wondered if anyone else has been through this, Jack

[selje]

Re: light sport pilot insurance anyone?

No change in cost for me when I let the medical expire and began flying as sport pilot.

[M Towsley]

Re: light sport pilot insurance anyone?

Jack,

Two years ago, new aircraft owner and in-training Sport Pilot in my newly purchased BC-12D, if I remember correctly around $1,200.00/year. This was for full coverage, and I think I aimed a little high on hull value due to value going up, and my plane was underpriced. More hours/little on-going training now and then knocked about 5% or more off the premium. This was with Avemco.

Currently own an L-2B, a lot more value and more experience, and it is around the same. I believe time with the company and no loss equals better rates. I was the first licensed Sport Pilot in Illinois and thankfully Avemco insured without a problem. As you can see, more companies are joining in. EAA's insurance was appreciably higher than Avemco. I had a broker look around at the behest of the L-2's prior owner and he couldn't even get close. Good luck with your quotes. Any other questions, PM me.

[selje]

Re: light sport pilot insurance anyone?

When I last checked AVEMCO has a $100K per person sub limit while others had a $100K per passenger sub limit. Big difference in my opinion. Is this still the case?

[crispy critter]

Re: light sport pilot insurance anyone?

I don't know SP but AUA has the best prices of anyone I've ever dealt with. $25,000 on a T-craft project and another $25,000 on a Starduster II with a million liability,$125,000 per person(max of 4 persons per claim),and $100 deductable cost me $450 a year. However I have a few thousand hours mostly in tailwheels,I've been a faithful costumer for 12 years and was listed on my fathers policy for 5 years before that and until this week I've never filed a claim with them.

[Forrest Barber]

Re: light sport pilot insurance anyone?

I just have to jump in... The insurance companies look at the PILOT not necessarily the airplane , sure the airplane figures in but the Pilot determines the fees. I have been named pilot and instructor with many companies on many "weird" airplane check outs.
Tomorrow I will fly the BC12D, a J-3 initial flight after complete restoration, two Young Eagles in the Cessna 172, the American Champion 7KCAB , the Fleet 16B , the Cappella with its new owner and maybe the OH-6 if Bill brings her up tomorrow. Lots of fun! Stop by sometime.
Insurance companies are looking for currency & experience.

[TimHicks]

Re: light sport pilot insurance anyone?

I just told my insurance company (AUA) that I wanted to roll into a Sport Pilot. They told me that there would be no change in the price. I have about 500 hours tailwheel.

[hangarb7]

Re: light sport pilot insurance anyone?

When I thought my medical might not be renewed last Spring, I told AOPA Insurance that I was flying Sport Pilot and they told me there would be no change in my premium, and that just alerting them would be fine.

However, I got my medical a couple of months later and when my insurance came due in September, I listed myself with a current medical and told them to remove the Sport Pilot designation on the policy.

My insurance came in at about $80 less than the three years previously. I called to ask a question and I also asked about the premium going down and the gal said, "Oh, that's because you are no longer a Sport Pilot."

I didn't argue but it made no sense.

Jack Dernorsek
N44057

[alwaysoar]

Re: light sport pilot insurance anyone?

Kevin, What's AUA? I have similar experience to you and almost double the premium with AIG with much less hull.

Ed@BTV VT
TF 527

[high time cub]

Re: light sport pilot insurance anyone?

Hi Ed!

http://www.auaonline.com/

Jim

[whake]

Re: light sport pilot insurance anyone?

I have a BC12D Avemco insurance $1157 one mil.and $18,000 on the hull, i have over 1000 hours tail whell time, I am 82 and that is a factor.