REFLECTOR: Builders risk policy

[Stockman, Bill]

One interesting thing about Avemco.   Several year ago, I used them
(1997-2001) for construction insurance and even had a minor claim that
they immediately paid, no problems.  Early on, I even discussed premiums
once I started flying, no problem.   About three months before my first
flight, I decided to get the "real" flight insurance--they turned me
down cold and said they were not interested at that time in further
experimental policies.   Seriously pissed me off.    

I ended up with Falcon (they even covered the first flight and first ten
hours unlike others) and have been great so far, but I also have not had
any claims with them yet.  My two cents worth is we should support the
companies who support us when we actually fly.

Bill Stockman, Senior Associate
Dayton Aerospace
 
(937) 369-4799 cell
(937) 426-4300 work
bill.stockman at daytonaero.com

-----Original Message-----
From: reflector-bounces at tvbf.org [mailto:reflector-bounces at tvbf.org] On
Behalf Of Andy Millin
Sent: Tuesday, March 10, 2009 3:14 PM
To: 'Velocity Aircraft Owners and Builders list'
Subject: Re: REFLECTOR: Builders risk policy

I have mine through Avemco.

Cost will depend on what you declare the value to be.  I put the value
as
what I have into it.  You could figure it as replacement cost.  Your
call.

I don't recall the exact figure.  I think my last renewal was around
$500
for the year.

Andy

-----Original Message-----
From: reflector-bounces at tvbf.org [mailto:reflector-bounces at tvbf.org] On
Behalf Of Don Johnston
Sent: 03-10-2009 2:29
To: reflector at tvbf.org
Subject: REFLECTOR: Builders risk policy

For those of you that have insurance on your Velocity during the build:

 

How much did it cost and who provided the policy?

 

I'm having a bit of trouble finding a builders risk policy.

 

-Don Johnston

XL-RG

www.velocity-xl.com

 


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