FlyingMonkey Posted June 6, 2017 Report Share Posted June 6, 2017 Regarding E-LSA and insurance: When I told my insurance broker that my aircraft was changing to E-LSA, he checked with my carrier (USAIG), and said that there would be no change to my policy, other than noting E-LSA status. That seemed too good to be true, but I was happy to hear it. Fast forward to today, when I received my renewal notice... As promised, there is NO change to the coverage, policy limits, deductibles, or hull value (still the same $75k I have always carried on the airplane). My annual premium went from $1250 last year to $1150 this year, which is in line with the $100 to $150 drop in premium I have seen each year for the last four years. My total time is listed as 480hrs, time in type 440hrs. The following in the policy tells me the change has been made properly: "NOTE: There is no coverage in flight unless an E-LSA airworthiness certificate is in full force and effect." So in short: There is NO insurance penalty for changing to E-LSA in my case, YMMV. Link to comment Share on other sites More sharing options...
Greg Posted June 14, 2017 Report Share Posted June 14, 2017 ANDY. What are your liability limits? Do you have a different (lower) limit for claims by passengers (reduced limit for claim by passenger) than the liability limit for claims by others? Thanks Link to comment Share on other sites More sharing options...
FlyingMonkey Posted June 14, 2017 Author Report Share Posted June 14, 2017 It's not "smooth" coverage, it's $1M/$100k. Since the only people that ride with me are my wife and very close friends, I'm comfortable with those limits. I might feel differently if I were flying Young Eagles for EAA or something. Link to comment Share on other sites More sharing options...
Doug G. Posted June 14, 2017 Report Share Posted June 14, 2017 EAA national provides $1M insurance for young Eagle flights. Link to comment Share on other sites More sharing options...
FlyingMonkey Posted June 14, 2017 Author Report Share Posted June 14, 2017 33 minutes ago, Doug G. said: EAA national provides $1M insurance for young Eagle flights. Oh, that's true. See, not even needed! Link to comment Share on other sites More sharing options...
Tom Baker Posted June 14, 2017 Report Share Posted June 14, 2017 2 hours ago, Doug G. said: EAA national provides $1M insurance for young Eagle flights. I believe that is contingent on having the required minimum insurance on the aircraft and pilot. Link to comment Share on other sites More sharing options...
Doug G. Posted June 15, 2017 Report Share Posted June 15, 2017 23 hours ago, Tom Baker said: I believe that is contingent on having the required minimum insurance on the aircraft and pilot. Yes, one of the pilot requirements is liability insurance, although I have seen no specific amount required. I've always had insurance so didn't think about it. The EAA coverage is suppplemental. Link to comment Share on other sites More sharing options...
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