I received a quote for $1,160 from Specialty Aviation Underwriters. AIG was coming in at $1,323. This is through my broker, 1 million liability 50k hull both cover of field landing, deductibles on SAU, no deductables on AIG. Do these rates seem good? 650+ hrs tail wheel and they are counting 700 hrs+ tailwheel retract for glider. Aircraft insured 1956 C180.

That sounds about right. I pay around $2350 for the 1 mil and $125,000 haul for a scout. This covers my low level pipeline work and off airport playing. I love them. I deal with Karla at Leading Edge Insur, 1-800-869-5145. Give her a call.

Would you sell that 180 for $50,000?

oh noooooooooooo!

I question the $50K valuation also, to me you would seem to be under-insured. Bad deal- here's a scenario: you bend the airplane, then get a quote to repair it for $30K. Not hard to do if you put it up on the nose, requiring a new prop, an engine teardown, maybe a new crank, etc-- plus airframe repairs. So instead of paying $30K to fix it, they pay you off for $50K, then sell the airplane for $25K- saving them $5K. This is the basic concept, only the actual numbers were changed to protect the innocent.
You would be better off over-insuring it to some extent, it'd cost you a bit more money every year but you'd be in way better shape financially should you pile it up. And that's what carrying insurance is all about- it's the biggest waste of money in the world until you need it, then it's worth every penny.
Oh, FWIW, I had my 170 insured for $32K through Travers & Assoc & it cost me about $850/year. My 150/150TD is insured for just a bit more through AOPA for the same cost.

Eric

Heres mine,

1955 Cessna 180

Insured for $68,000

$1,924.00

AIG

I'm with Northwest Insurance Group(Broker)

They got me a policy with Phoenix Aviation

1956 C-180

$95K/$2100/yr. This was after a small ($9000)claim this year , was 1900/yr

Easy to work with, quick to pay. Isn't that the important part?

Very nice to deal with

503.640.6202

Gary

1978 180K $130,000 hull & liability. Premium $2300 yr on wheels. Goes up another $1200 on floats with higher deductible. Falcon treats me good. Your price sounds about right but I would increase your hull value a bit.

Just another plus with Karla and my Leading Edge insurance. Right now I am renting a C172 while I get an overhaul for my scout, and the coverage for that temporary plane rental is covered for my low level work, and is included in my policy at no extra charge.

'54 C-180 @ 75K Hull = $1,615.00/year through AIG.

2001 tricycle Maule: $1m liability and $110,000 hull value = $2350/yr