Search found 4 matches

by Ahola88
Wed Nov 25, 2020 6:12 pm
Forum: General Comments
Topic: Reducing Insurance Coverage/Premiums for Private Aircraft
Replies: 18
Views: 1833

Re: Reducing Insurance Coverage/Premiums for Private Aircraft

(This is the response I got today from my broker (Nacora). The insurance is EAA's C-Plan.) The insurance companies advise that their rating models are built with the understanding that there is significant downtime in the colder months in Canada and little to know (sic) flying is done during these ...
by Ahola88
Tue Nov 24, 2020 9:12 am
Forum: General Comments
Topic: Reducing Insurance Coverage/Premiums for Private Aircraft
Replies: 18
Views: 1833

Re: Reducing Insurance Coverage/Premiums for Private Aircraft

Aloha88, who are you insured with? You should go through the policy and look for a cancellation clause. If it's there, go back to the broker and tell them that unless they get you a credit for next year you are going to cancel the policy. I wouldn't actually cancel it unless you have another option...
by Ahola88
Tue Nov 24, 2020 7:21 am
Forum: General Comments
Topic: Reducing Insurance Coverage/Premiums for Private Aircraft
Replies: 18
Views: 1833

Re: Reducing Insurance Coverage/Premiums for Private Aircraft

Thanks for all the replies everyone. We're insured with Global and our broker is Air1. I've went through our policy and in my opinion it is pretty cut and clear on the cancellation policy. It reads as follows: "You may cancel or reduce the Coverages of this Policy by sending us an advance notice in ...
by Ahola88
Mon Nov 23, 2020 3:14 pm
Forum: General Comments
Topic: Reducing Insurance Coverage/Premiums for Private Aircraft
Replies: 18
Views: 1833

Reducing Insurance Coverage/Premiums for Private Aircraft

Hello All, A partner and myself own a Cessna 172 that is on floats basically all of the time. This fall we decided to bring it in our private hangar to complete some extensive maintenance and since it will be grounded for the unforeseeable future we called our insurance provider to see if they would...

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