cfi insurance premium

[Lil Jon]

how much are you freelance guys/gals paying for coverage per year? how good is the coverage?

thanks

 

[dingo222]

dude, best question i've seen in a while! I'm very, very curious also, as my employer just dropped out coverage. I talked to the peeps at AOPA, and it looks as if i can pick up coverage for around 400 a year with no deductible. What have you heard? The quote through AOPA is through AVEMCO i believe.

 

[Lil Jon]

i've actually never gotten a quote, but i'm starting to think about it since the boss doesnt think its a good management decision to raise my pay to the going rate at the airport (i'm getting 20% less). so much for making a professional raise for being at work 70 or 80 hrs a week

 

[dingo222]

here is where i got my quote:

www.aopaia.com/cfi_insurance.cfm#

imigine that; an employer that wants us to pay for insurance with a bag of peanuts, lol.

 

[Lil Jon]

i might have to check that out. i'm covered by my employer, but i could probably charge twice what i actually am making and make a bit more money covering myself.

 

[Ralgha]

$650 per year for $1 mil total, $100,000 each passenger. No deductable. Every place I looked had the same premium, Falcon had the best coverage.

 

[dueguard1]

$275.00 per year w/ Avemco...................But no Multi- Instruction coverage

 

[Fly_Chick]

I have avemco through AOPA. Even if your employer covers you, I would recommend getting this in case you are flying on your own. It covers CFIs for renting airplanes as well as flight instructing.

 

[midlifeflyer]

Premium, of course, varies with coverage. Not much difference between the three primary agencies, AOPAOA, AVEMCO (direct) and Falcon Insurance, which works on the NAFI policy.

I chose the amount of coverage that fits my own notions of acceptable risk.

 

[Lil Jon]

275 seems pretty cheap, 650 doesnt sound bad. now why is the boss saying stuff like we wouldnt make enough money (off of me) if i got a raise? making 10 off me an hour would pay that off pretty darn quick! oh well, it looks like i'm moving up to something with fortysome more seats soon its been a great experience, but i'm movin up!