ACRO E-mail Archive Thread: [Acro] Re: Low time pilot needs insurance for ...
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Thread: [Acro] Re: Low time pilot needs insurance for ...
Message: [Acro] Re: Low time pilot needs insurance for Pitts S-1S
Follow-Up To: ACRO Email list (for List Members only)
From: Gil & Phyl Tellier <giltel at earthlink.net>
Date: Wed, 29 May 2002 10:24:55 UTC
This is excellent advise to be recognized by all that insure. I have my S-1S covered for 50K and that would not cover the replacement with like plane but at least would get me a decent S-1T or a fair start on a monoplane. Gil Tellier, IAC CH. 49 Herman Dierks wrote: > David, under insuring your aircraft is a very risky thing to do. > Any damage close to 10K and the insurance co will keep the plane and give > you the 10K (assuming you file a claim). Lets say the plane is worth 30K. > You have just lost 20K in the deal. > I guess in this case you would not file a claim, but then the insurance has > not done you much good. > We all hate to buy insurance but if you do you should buy it for the > correct value (not over or under insure). > I can see where a note holder (bank) may be happy that their interest is > covered. > Its usually not that much more to insure for full value. > AOPA has had some good insurance articles on this in the past. > Herman > > ---------- > > From: David Magaw <dmagaw at att.net> > > To: Klusmanp at aol.com; acro at gf24.de > > Subject: [Acro] Re: Low time pilot needs insurance for Pitts S-1S > > Date: Saturday, May 25, 2002 10:21 PM > > > > I am buying an S1S, and I have about 240 hour TT, but 180 of that is in > > taildraggers, and about 10 hours dual in the front seat of an S2B > (recent). > > Both me and my instructor feel that I am basically ready to fly the S1S > with > > another refresher just before I get it (in a week or two). I got > insurance > > on the S1S through the Falcon agency that was reasonable in my > opinion--$750 > > for liability and another $750 for $10000 hull coverage. I didn't insure > > the hull for the replacement cost obviously as I am willing to bear some > of > > the loss in such an unfortunate (and hopefully unlikely) event. IMHO you > > definitely need more taildragger time or perhaps 20 hours in an S2B. At > > Attitude Aviation where I am taking lessons, I think they require 20 > hours > > or more to solo a Pitts S2B. > > > > Dave > > > > ----- Original Message ----- > > From: <Klusmanp at aol.com> > > To: <acro at gf24.de> > > Sent: Saturday, May 25, 2002 10:11 AM > > Subject: [Acro] Low time pilot needs insurance for Pitts S-1S > > > > > > > Pitts pilots: > > > > > > Question about Pitts insurance for low time pilot. I have 450 hrs total > > time. > > > I've got only 5 hrs taildragger time but I do have a tailwheel > endorsement > > > from an aerobatic course I took at Purdue University. One insurance > > company > > > tells me they cannot offer anything to me for a Pitts until I have 250 > hrs > > TD > > > time. This is a fairly well established company with access to many > > > underwriters. They said they MIGHT be able to find someone to write a > > policy > > > if I get 25 hrs dual in a 2-seat Pitts but they are not too optimistic. > > > > > > Another insurance company has given me a quote that only requires 10 > hrs > > dual > > > in the 2-seater to cover me. Sounds great but now I fear they are some > > kind > > > of fly-by-night operation. > > > > > > I have arranged to get some dual instruction in an S-2B from a fellow > in > > > Boulder. I'm thinking 10 - 20 hrs would be reasonable. I've had many > > people > > > tell me you don't just hop into a Pitts and go flying so I'm pretty > > > enthusiastic about the dual instruction. > > > > > > Any low time pilots out there who have successfully done a transition > to a > > > Pitts please let me know what insurance company you used and how much > dual > > > you had to get. > > > > > > Thanks, > > > Paul Klusman > > > > > > > > > >