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Insurance renewal

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cvsfly

Well-known member
Joined
Jan 30, 2002
Posts
723
"We have met the enemy and he is us!" Anyone else feeling the insurance pinch? Our renewal is coming in at $20,000 more than last year which was $10,000 more than the year before. Good arguement for our owner to drop the 135 (which reduce it $12,000). Any $ #s from any single ship operators of turbo-prop Part 91 and 135? We have a 1996 BE-B200 hull insured for $2.8 mil, $50 mil liability - unsure of deductible - with USAIG. And that requires annual school and 2 pilots 91 & 135. (Both pilots meet "open pilot" minimums). Apparently only 2 others writing policies with these liability limits. Also apparently a report came out this year showing a increase risk in Turbo-prop accidents. I think this industry is in aconspiracy with the lawyers. Everyone is gouging. Scumbags. Probably going to change my job desciption = burger flipper.
 

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