gmcjetpilot
Joined: 04 Nov 2006
Posts: 170
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 Posted: Wed May 30, 2007 8:19 am Post subject: Insurance Limitations (work around but takes effort) |
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Subject: Fw: Insurance Limitations
Yes most will not do first flight or Phase I.
However IF you participate in the EAA builder advisory program and EAA flight adviser programs (both two and different things) and get TYPE training, they will wave that restrictions, but you must jump through hoops. I have 1,200 RV hours and 15,000 total, built a RV before and they still want me to do this for first flight coverage on my new RV.
If you just show up and say no RV time, zero hours on airframe, they will say OK, take your chance for the first 40 hours than call us basically. If you go in with a certificate in RV transition training and approval from the EAA advisers you can get first flight/Phase I coverage from some companies. Frankly it is all a good idea insurance or not.
If the premiums are high enough you can get insurance for a student pilot, a brick and cardboard wings with a jump from a bridge.
I'm not an insurance company fan, but there is some logic to their madness, not paying out claims to people that prang it in early in their flight test. George ATP/CFI-II-ME, RV-7
Be a better Heartthrob. [url=http://us.rd.yahoo.com/evt=48255/*http://answers.yahoo.com/dir/_ylc=X3oDMTI5MGx2aThyBF9TAzIxMTU1MDAzNTIEX3MDMzk2NTQ1MTAzBHNlYwNCQUJwaWxsYXJfTklfMzYwBHNsawNQcm9kdWN0X3F1ZXN0aW9uX3BhZ2U-?link=list&sid=396545433]Get better relationship answers [/url]from someone who knows.
Yahoo! Answers - Check it out. [quote][b]
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