Subject: Insurance
From: ACRE
Date: 2/7/2004, 2:35 PM


Sorry I took so long to get back on this.
I just re-insured my RV-6.  with a LYC O-360 mind you.
With a quote of  $2,769.00 form AVEMCO and a $1,000 deductible I was
amazed
they even are still in business.
With the same amount limits and NO deductible I was able to get it
down to
$1,455.00 with a very well established Company.

I realize that I am a low time pilot with just under two hundred hours
but
still this give quite a contrast.
The reason I mention the figures here is that this takes AVEMCO out of
the
ball Park all together!
I'm interested in the only other company you mentioned, HCO.  What
does HCO
stand for or how do I get in touch with them?
BTW, ED, Tracy and anyone else who is insured with a rotary.  Can you
reply
please with insurance information?  Thanks Guys, Tedd.
Vaughn.
PS, Tedd, dumb question here more than likely but you state below "same
rate" between AVEMCO and HCO.  Did you mean cost wise or engine rotary
related?
Thanks!

HCO is an underwriter. As I understand it this means that they are the
ones who actually support the policies the the insurance Cos. write.
The same rate means, at the same rate as if you installed a certified
engine, and that only applies to a Powersport installation as far as I
know. Sorry but I cannot speak to what rate others get. That Avemco
quote seems really high, my Comanche (retractable) is only half of
that.

Tedd James
612-676-0118 Office
612-840-1717 Cellular
612-617-7743 Fax

 
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