Cub Cowboy
Registered User
Litchfield MN
I am just about to finish up my cub project and was wondering who is the best insurance company for experimental cubs in the lower 48 Thanks in advance for any suggestions or ideas
OVEREASYGUY said:AIG is a pretty sick company in my opinion right now - I hope if you have a claim they can pay it. I sure wouldn't have anything to do with them right now - go with Avemco. I have 95K coverage, i'm about 600 hour pilot and i'm paying only $1700 a year. Why would you want to pay $1,000 more a year and be insured with a company having extreme financial difficulties right now?
In the real world if you had an accident and got hit with a million dollar judgment and found your insurance company just filed for bankruptcy - they would go after your assets.
Let's see AIG stock over the last 52 weeks had a high of $52 now it's trading at 86 cents - that's DOWN 99% - and this is the company you want to get your insurance from - what are you nuts!!
I hate to think how many people on this site have airplane insurance through AIG.
Cliff in Maine
Bugs66 said:Just got a quote from EAA/Falcon:
- Liability Insurance Only $600
- Liability Insurance and Ground Only Hull Insurance $1,000
- Liability Insurance and Ground Only (Including Taxi) Hull Insurance $1,150
- Liability Insurance and All Risks Hull Insurance $1,900
Checking Regal now.