Just got hit friday night by marble size plus hail. My hanger isn't built yet, so outside it was. All upper surfaces dented really good, just peppered. 1977 172N I will be talking to the insurance company tomorrow. Any experience on how I should handle it? Insured Hull value of 45K. My dilemma is 10K airframe hours, nice shape no issues before this. 2400hrs on the h2ad, still runs like a top, 76 plus compression's, good oil samples. I like the plane, but I don't think the value is there anymore to entertain an engine rebuilt in the next couple years now in a kept hail damaged plane. I have seen worse still flying. I imagine they will write it off before entertaining repairs.

Guess of price to reskin upper wings, horizontal stab and control surfaces?
Take the 45k and let them take the plane?
Take a payout if high enough and sell the plane privately?

I don't really want to take a payout and fly the engine out. Seriously considering making the jump to a 180 now. I don't really need a 180, a 180 hp 172 would suffice, but when the opportunity presents itself.

Does insured hull value automatically equate to payout value?


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Hoeschen wrote:Does insured hull value automatically equate to payout value?


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I always thought that was the case...

They have it as an "agreed to hull value" on the insurance documents, so i imagine they would have to pay that amount. Don't think they could reassess the plane after the fact now.

Is that an old Morgan Air machine? Previously a trainer at CYYC? I think I put some hours on it.

Take the money and run. CAD, not USD I assume?

I bought a hail damaged 172 a year ago. 2000 hour TTAF, 300 SMOH. It was and is a bargain. Hunt around and possibly you can find something hail damaged that you like. It's a lot of bang for your buck. Ask your insurer for an invitation to salvage bids.

Hail damage is a cosmetic rather than structural issue. For the insurance company it is cheaper to total it. I've never had any issues from the dimples on many pipeline Cessnas. No issues with the Ozark Airline DC-3s I rode to and from Missouri Univ. All had extensive hail damage because they flew in it.

In the old days of inflation, all hull insurance was agreed hull value.

Bugger - sorry to hear about our problem. That sucks.

Have you considered taking the 45k and letting them sell the "wreck", then buying it back from them as is / where is? I was thinking you might end up with a better deal, IF nobody else wants it.

Yes - I did buy it from Morgan when they closed the flight school. Has been an amazingly good airplane. I have owned it over 5 years and have put 500 hrs on it with absolutely no problems. This plane has convinced me it's better in many cases to buy a well used/maintained plane than a low time that has rotted in the weeds. Guy i know up here bought a low hr'd plane from the states, midtime engine about the same time i bought this one and just had to replace the engine due to cam spalling.


This plane has some sentimental value as my father and myself purchased it. He is gone now. But I think taking the money and letting them have the plane maybe the best in the long run.

Can I remove anything do you guys think? Reason is to pull the big wheel/fork kit. I have all the stock parts to replace it with.

We're those parts on the aircraft when the value was agreed to?
If not, it may be reasonable to return the aircraft to the configuration as was.
You'll want to either ask your insurer or go swap them at 2am before anyone sees it

Sorry for the damage but if they are gonna cut a check for $45k, I'd be really tempted to look at other planes.

I agree with Batson. Take the money and then see if they'll sell it back cheap. Keep the extra change for an new motor and keep flying the wings off of it.
Where are you located? I know of a nice Maule M4 for sale if that interests you at all as a replacement.

Mark Y. wrote:Can I remove anything do you guys think? Reason is to pull the big wheel/fork kit. I have all the stock parts to replace it with.

Nope. The plane is the insurers as it was at the time of the hail storm.

I am located about 20 min east of fort sask. Probably not into a Maule. 180 or 182. If 182 I need the wheel kit off this one....Whats 180 insurance like for a low time tailwheel pilot in Canada? Taking the money for an engine may be a decent option too.

Mark Y. wrote:I am located about 20 min east of fort sask. Probably not into a Maule. 180 or 182. If 182 I need the wheel kit off this one....Whats 180 insurance like for a low time tailwheel pilot in Canada? Taking the money for an engine may be a decent option too.

I just renewed for $1350 through marsh. On 80k hull value land and ski. I have 100 hrs 180 time and 300 tail. Started at about $1700 when I got the 180.
I'll keep my ears open for any for sale. I'm close to Grande Prairie, so not to far of a flight away.
David

Mark,

Read the fine print of your policy carefully, some policies limit hail damage payout to a percentage of total insured hull value. If I remember correctly many policy's I have had in the past, until I caught the limitation, was a max of 10 percent of insured value. That would be $4,500 in your case if your policy is written this way. I have since been able to have this restriction removed with various underwriters. Everyone may want to re read their policy's and see if this hail limitation is mentioned. Heads up!

Kurt

G44 wrote:Read the fine print of your policy carefully, some policies limit hail damage payout to a percentage of total insured hull value. If I remember correctly many policy's I have had in the past, until I caught the limitation, was a max of 10 percent of insured value. That would be $4,500 in your case if your policy is written this way. I have since been able to have this restriction removed with various underwriters. Everyone may want to re read their policy's and see if this hail limitation is mentioned. Heads upt

Very interesting. Thanks for that tidbit. Mine indeed has an exclusion sort of like that. Didn't know about it until reviewing after reading your post. Mine says:

"If the aircraft is damaged by hail, we will pay the reasonable cost of repair of the hail damage that affects the airworthiness of the aircraft after the aircraft has been repaired. We will pay an amount not exceeding 10% of the agreed value for hail damage that does not affect the airworthiness of the aircraft, less the applicable deductible. Hail damage that does not result in an immediate grounding of the aircraft will be deemed to be damage not affecting the airworthiness of the aircraft."

Now to decide if I care...

Let me know if you run across something. Currently looking at the orange 180 on kijji and a 59 182 from aircraft canada. I am also with marsh and pay $612 a year. Even $1700 is manageable. I have 500 total time, but only 4 tailwheel on supercub.


I searched my policy and don't see anything specific on hail

There are those who argue that hail damage is a benefit--adds airspeed. Works for golfballs.

Cary

Cary wrote:There are those who argue that hail damage is a benefit--adds airspeed. Works for golfballs.

And cars.

http://www.discovery.com/tv-shows/mythb ... -minimyth/

There were two straight tail i82s at KRHV with hail damage and they bought them that way. One had dents that a ping-pong ball would have rested in. The dents were 8-10 inches apart and had NOT cracked the paint. They seemed happy with them.

The ribbed parts like flaps etc. did not show as much damage as flat wing and horizontals.

Gotta admit it looked like they got taken for fools - but they flew all the time.
Have no idea what kind of a price break they may have gotten.



Chris C

Mark,

Keep us posted.