a search on maulepilots.org regarding insurance might enlighten.
Its all numbers. The insurance underwriters are in business like most of us to make a profit if possible.
The premiums we pay are invested by the underwriters for their profit. Like a bank.
There are thousands of C180/185s insured by half a dozen underwriters. One underwriter may have a thousand on their books so the amortization of one accident claim is a fair bet for them.
That same underwriter may have way less than a hundred Maules on their books and one claim is therefore a much higher risk.
There was a time in late '90s when I had the amortization rates.
Citabrias had the best taildragger rating (many flight schools had them) Very aprox .8
Maule was a little higher rate (there's very few of them), aprox 1.9. C170/180/185 a higher rate still (there's lots of them), aprox 2.8, Husky had the worst rate and some underwriters dropped them(there was fewer of them) aprox 4.5
The longer an underwriter keeps a client without a claim, the more premiums they gather and their odds improve re profitability.

Maules are relatively cheap to repair, they enjoy a low accident mortality rate though a higher ground loop type incident rate. (poor judgement of pilot usually not getting appropriate training.
Mortality accident lawsuits are the big bad wolf for the underwriters, not the wingdings.

mtv wrote:

dwill wrote:

mtv wrote:

dwill wrote:Keeps getting funnier. All lined up to buy. Have two loan approvals. I'm a very qualified buyer good credit etc. The deal breaker? Deductible. The loans I've been approved for require no more than 1-2 percent of the loan amount. Well, most quotes are 4-6 percent deductible given the current inursance market. My deductible quotes are about 500 to 1,000 over the banks max of 2500. They'll lend me significant amounts, but break the deal over 1k worth if deductible that's non negotiable. It's a underwriter hard stop.

If I put more money down and finance less? It actually gets worse, because now the max deductible limit drops down even lower, but the insurance deductible stays the same until it gets down to 59 percent less hull value than I'm asking. They seem to be quite out if sync. High booming insurance premiums, crazy low interest rates. Meh

Yep, he’s an internet troll....

Maybe you should try to find the airplane you can afford......just saying.

MTV

I'm not sure I understand how this classifies me as an internet troll? Just sharing a story of challenges in the market. Maybe there are fellow lower time pilots who aspire to fly an aircraft they want to fly. This is a discussion board and I'm interested to see if anyone is having similar experiences, maybe advice. Just because I do not want to burn cash savings doesn't mean I can't afford the aircraft. Everyone's situation is different. Not everyone got handed the family aircraft or buys a 185 cash. Times change and 10 years ago I'm sure it wasn't an issue for someone to fly a tailwheel in Alaska like it is today. Everyone has to start somewhere. Maybe you're right, maybe I'll end up picking up a Cessna 140 for cash and fly the skin off it.

Either way, first you come and say Maules earned a reputation and deserve it but dont provide any statistics or evidence. You're not hurting my feelings, I don't work for Maule. Then label me a troll and tell me I should buy something I can afford condescendingly.

Classy

Sir, you have put up post after post whining about things over which none of us have any control. Nor do you.

As to Maule statistics, why don’t YOU take the initiative and do some research on that yourself. After all, YOU’RE the one allegedly interested in purchasing a Maule. I simply stated that Maule pilots have experienced a LOT of accidents, and hence claims. You argue with me because you can’t be bothered to do your own research? Do a search of the NTSB accident records and get back to us. Perhaps then you’ll understand why Maule insurance rates are high.

Have you ever flown a Maule? I have. They are great airplanes but they can be a little busy on the ground. No problem for a competent well trained pilot, but....

I didn’t intend to be condescending when I suggested that you stop whining about everything and everyone in aviation being out to get you. Seriously, figure out what you CAN afford, find one and buy it. I doubt that many of us started out with our dream airplane.

It’s apparent from your own posts that a Maule may be out of your price range. So be it, there are all sorts of planes out there. Do some more research, or maybe re-evaluate your finances.

MTV

The bantering isn't contributing anything to the thread or the forum on either of our part. I'm going to take the high road here and end this. Stay safe.

maules.com wrote:a search on maulepilots.org regarding insurance might enlighten.
Its all numbers. The insurance underwriters are in business like most of us to make a profit if possible.
The premiums we pay are invested by the underwriters for their profit. Like a bank.
There are thousands of C180/185s insured by half a dozen underwriters. One underwriter may have a thousand on their books so the amortization of one accident claim is a fair bet for them.
That same underwriter may have way less than a hundred Maules on their books and one claim is therefore a much higher risk.
There was a time in late '90s when I had the amortization rates.
Citabrias had the best taildragger rating (many flight schools had them) Very aprox .8
Maule was a little higher rate (there's very few of them), aprox 1.9. C170/180/185 a higher rate still (there's lots of them), aprox 2.8, Husky had the worst rate and some underwriters dropped them(there was fewer of them) aprox 4.5
The longer an underwriter keeps a client without a claim, the more premiums they gather and their odds improve re profitability.

Maules are relatively cheap to repair, they enjoy a low accident mortality rate though a higher ground loop type incident rate. (poor judgement of pilot usually not getting appropriate training.
Mortality accident lawsuits are the big bad wolf for the underwriters, not the wingdings.

I think I found the thread you are referring to There was a lot of good information in there. I was drawn to the Maule precisely because I can't afford a 180 or a 185. You get a lot of bang for your buck but pay for it in the premium. Looks like the bank isnt worries about the deductible given my financial situation so things are looking up.

Good insight, thank you.

dwill wrote:

maules.com wrote:a search on maulepilots.org regarding insurance might enlighten.
Its all numbers. The insurance underwriters are in business like most of us to make a profit if possible.
The premiums we pay are invested by the underwriters for their profit. Like a bank.
There are thousands of C180/185s insured by half a dozen underwriters. One underwriter may have a thousand on their books so the amortization of one accident claim is a fair bet for them.
That same underwriter may have way less than a hundred Maules on their books and one claim is therefore a much higher risk.
There was a time in late '90s when I had the amortization rates.
Citabrias had the best taildragger rating (many flight schools had them) Very aprox .8
Maule was a little higher rate (there's very few of them), aprox 1.9. C170/180/185 a higher rate still (there's lots of them), aprox 2.8, Husky had the worst rate and some underwriters dropped them(there was fewer of them) aprox 4.5
The longer an underwriter keeps a client without a claim, the more premiums they gather and their odds improve re profitability.

Maules are relatively cheap to repair, they enjoy a low accident mortality rate though a higher ground loop type incident rate. (poor judgement of pilot usually not getting appropriate training.
Mortality accident lawsuits are the big bad wolf for the underwriters, not the wingdings.

I think I found the thread you are referring to There was a lot of good information in there. I was drawn to the Maule precisely because I can't afford a 180 or a 185. You get a lot of bang for your buck but pay for it in the premium. Looks like the bank isnt worries about the deductible given my financial situation so things are looking up.

Good insight, thank you.

I hope it works out for you, financially and insurance coverage. Maules are great airplanes, but, like any taildragger, they can bite. So, find a really good experienced Maule specific instructor, and train with him/her till you are comfortable in the plane. There's nothing about a Maule or most other light aircraft that can't be addressed with some good training.

And, an insurance carrier is definitely going to want you to have some Maule specific training before you're turned loose.

Good luck!

MTV