I think they are just gouging however they can, and any excuse is better than none at all. On the other hand, maybe their costs have increased, and we all get to help get their profit margins back where they want them. JImChuk
I think they are just gouging however they can, and any excuse is better than none at all. On the other hand, maybe their costs have increased, and we all get to help get their profit margins back where they want them. JImChuk
nothing to do with sport pilot license in my opinion, it's flying sport pilot. I have a sport pilot plane but a private pilot license. I think it's flying sport pilot using a drivers license for medical that's the key here.
steve
slyfox
model IV 1200-flying
912uls
IVO medium in-flight
RV7A-flying
IO-360
constant speed prop
Makes no sense when you can do "Basic Med" in such short order.
Will they be penalizing that, too?
Just got the Insurance bill for the Kitfox....full coverage, $30,000 Hull.......premium $842. That’s about $50 more than last year. RV6A is $730.
Looks like premium increases are driven by age......not basic med.
As my kid says.....”suck it up and pay Dad”
Russ
Model IV Speedster
912UL IVO IFA
RV6A
Needle, Ball and Airspeed
Maybe a little GPS
The company I have been using shopped it around quite a bit. Montana Air is my broker and they found a company called aerospace who quoted me 1037.00 instead of 1600. I took it. My broker said if I was a private pilot instead of a sport pilot I would have the 850 dollars rate. I think I can swing the private for about what the next year premium will save.
Aerospace is underwriting my Kitfox and Global the RV6A. I’m 59 with lots of tailwheel time and the rates are still going up. Oh well......
Russ
Model IV Speedster
912UL IVO IFA
RV6A
Needle, Ball and Airspeed
Maybe a little GPS