As a follow up on getting insurance quotes, I received a reply to my request for insurance from Avemco yesterday. They told me that the KR aircraft is a non insurable aircraft with them. They also stated they will not insure a Corvair engine. They did state they would do liability only for property damage but no medical for pilot or passenger. They sent me a special form to fill out for the liability insurance on the KR/Corvair and there must have been a hundred questions on it plus I think they would probably want a blood sample, a hair sample, a urine sample, a bowel sample, and last but not least, your right arm. (just kidding on that last sentence). Needless to say, I just marked them right off my list.
Mark Jones (N886MJ) Wales, WI -----Original Message----- From: Mark Jones [mailto:flyk...@wi.rr.com] Sent: Tuesday, September 07, 2004 9:57 PM To: KR Net; Corvair engines for homebuilt aircraft Subject: Re: CorvAircraft> Insurance This is just a FYI. Today, I received an insurance quote from Jim Nelson of Falcon Insurance: HULL VALUE: $20,000 HULL PREMIUM: $1,124 DEDUCTIBLES: NOT-IN-MOTION: $2000 IN-MOTION: $2000 LIMIT OF LIABILITY: $500,000 combined single limit bodily injury and property damage excluding passenger liability. LIABILITY PREMIUM: $258 MEDICAL PAYMENTS: $3,000 Including Crew MEDICAL PREMIUM: $18 TOTAL ANNUAL PREMIUM: $1,400 (This is a package price) I was very open and explained that I have a Corvair Conversion done to William Wynne's specs and have 22.6 test run hours on the engine. I also explained that I had no flight time in a KR yet had a couple hours of taxi time. Insurance is obtainable on a Corvair powered aircraft. Mark Jones (N886MJ) Wales, WI USA E-mail me at flyk...@wi.rr.com Visit my KR-2S CorvAIRCRAFT web site at http://mywebpage.netscape.com/n886mj/homepage.html ----- Original Message ----- From: <at700...@aol.com> To: <corvaircr...@mylist.net> Sent: Tuesday, September 07, 2004 8:21 PM Subject: CorvAircraft> Insurance > Has anyone read the writeups in the latest Kitplanes issue concerning > aircraft insurance? They get opinions from 2 or 3 of the largest insurance > companies that insure aircraft and at one point they mention that auto conversion > aircraft are almost impossible to insure. They didn't indicate whether they > meant hull insurance, liability or both. Makes me wonder what percent of > homebuilers fly without insurance, especially auto conversion homebuilts. I am > working on my first homebuilt, a Pietenpol using a Corvair. I don't really care > about hull insurance but don't know about flying without liability. > > Rick Holland > Colorado > _________________________________________________________ > to UNsubscribe from CorvAircraft, send a message to corvaircraft-le...@mylist.net > Other CorvAircraft list info is at http://www.krnet.org/corvaircraft_inst.html > _________________________________________________________ to UNsubscribe from CorvAircraft, send a message to corvaircraft-le...@mylist.net Other CorvAircraft list info is at http://www.krnet.org/corvaircraft_inst.html
