I had Falcon subbed to Global Aerospace for $1M liability and $20,000 hull coverage on my KR-2 N6242, premium $1,100 per year. That included first flight coverage with the stipulation I had 5 hours PIC in type in the previous 6 months; Global accepted the 6 hours PIC in my hangar partner’s Pulsar XP as qualifying.
All that above is history. Annual Premium with Falcon/Global Aerospace is now $300 for $500K liability, nothing in motion. I am building N26383 now and need the liability coverage to keep the County landlord happy. When the first engine run comes up, I expect the in-motion premium to jump to about $600 or more per year. Not sure about the hull coverage. Sid Wood California, MD. From: Ronald Brown via KRnet Sent: Thursday, August 17, 2023 6:15 AM To: krnet@list.krnet.org Cc: Ronald Brown Subject: KRnet> Insurance I can see the finish line for completing my KR. Starting to think about insurance. Any tips, issues, or recommendations from the team? -------------------------------------------------------------------------------- -- KRnet mailing list KRnet@list.krnet.org https://list.krnet.org/mailman/listinfo/krnet
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