E-LSA Insurance Renewal Data Point

Discussion in 'Home Builders and Sport Pilots' started by FastEddieB, Sep 7, 2016.

  1. FastEddieB

    FastEddieB Final Approach

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    Fast Eddie B
    Just got the renewal email for my Sky Arrow yesterday.

    In part...

    [​IMG]

    Can't complain!

    Some have worried about the insurance rate ramification of converting from S-LSA to E-LSA. Recall my rate went down slightly, albeit because they would only insure the hull to a slightly lower amount.
     
    Kiddo's Driver likes this.
  2. DaleB

    DaleB Pattern Altitude

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    May I ask how much hull coverage you have? I just got my renewal quote. It went up significantly, presumably because aI had them bump up the hull coverage.
     
  3. frfly172

    frfly172 Touchdown! Greaser!

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    The more you fly the cheaper it gets till you reach your seventies.
     
  4. FastEddieB

    FastEddieB Final Approach

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    $50k. When I went from S-LSA to E-LSA they pegged that as the maximum they would cover - the Sky Arrow was originally $75.5k and before converting I recall I had her insured for $65k.

    Since a new one would be around $110k, I just accept that I'm a bit underinsured. Will just have to try really hard not to crash!
     
  5. DaleB

    DaleB Pattern Altitude

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    If you haven't already, you might call Shanna or one of the others at Arthur J. Gallagher (used to be Nation Air). They had ho problem at all covering my E-LSA for 75k.
     
    Last edited: Sep 19, 2016
  6. Stewartb

    Stewartb En-Route

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    Anyone have experience building and insuring? Avemco won't cover the initial 10 flight hours. I'm a little uncomfortable with that considering the investment. I need to decide on E-AB insurance soon.
     
  7. jnmeade

    jnmeade Cleared for Takeoff

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    Would that be Arthur Gallagher? I use them and my ELSA is insured for $90K hull.
     
  8. DaleB

    DaleB Pattern Altitude

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    Yes, sorry... I composed that on my phone and didn't double check. Arthur J Gallagher. They're pretty popular with RV pilots, and great people to work with. I was getting a competitive quote just to sanity check before signing the renewal, but the guy doing the quote hasn't bothered to respond for close to a week now... so I'm definitely not impressed.

    I had builder's insurance with them before buying the RV-12, and all my dealings with them have been hassle-free.
     
  9. ejensen

    ejensen Pattern Altitude

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    That's who I use for my S-LSA.