Oh - and one other thing that bugs me (because I forgot to mention it) is that all the insurance companies out there are effectively brokers who are all using the same source for the backing. So if you go get a quote from one broker, the next broker will have the same price because the underwriter behind the broker will just send the same report.
So in other words - it's a monopoly.
Re: Tsi Insurance quotes
Posted: Fri Mar 24, 2023 3:50 pm
by BG8473
Here is another point of reference.
I just got a quote for the Sling High Wing (not the TSi). The annual premium is $9300.
The quote is from Starr Companies through Gallagher Aviation
Hull value is $190,000
Hull Coverage: Ground and Flight
Hull Premium??? is $7600
I have 480 hours total time
No instrument rating
She acknowledged the quote is high since they have limited insurance companies covering the Sling High Wing. She hopes by Sun N Fun to have more companies onboard.
Re: Tsi Insurance quotes
Posted: Tue Mar 28, 2023 7:18 am
by CDSmith
BG8473 wrote: ↑Fri Mar 24, 2023 3:50 pm
Here is another point of reference.
I just got a quote for the Sling High Wing (not the TSi). The annual premium is $9300.
The quote is from Starr Companies through Gallagher Aviation
Hull value is $190,000
Hull Coverage: Ground and Flight
Hull Premium??? is $7600
I have 480 hours total time
No instrument rating
She acknowledged the quote is high since they have limited insurance companies covering the Sling High Wing. She hopes by Sun N Fun to have more companies onboard.
Thanks for the info. Crazy high numbers. Self-insured (or at least under-insured for hull) looks more and more appealing. I assume that was a ballpark or did you have a specific tail number to provide?
Re: Tsi Insurance quotes
Posted: Wed Mar 29, 2023 8:12 pm
by BG8473
CDSmith wrote: ↑Tue Mar 28, 2023 7:18 am
Thanks for the info. Crazy high numbers. Self-insured (or at least under-insured for hull) looks more and more appealing. I assume that was a ballpark or did you have a specific tail number to provide?
I just requested ballpark information only. I had no Sling HW tail number to provide. I did ask if there was any benefit for ballistic parachute or airbag seatbelts. The agent didn't specifically reply to that.