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Thread: Darn C-180 insurance just jumped up

  1. #1
    Alex Clark's Avatar
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    Darn C-180 insurance just jumped up

    I had a very good deal with BWI. The premiums in their 180/185 group deal were great. And are probably still beter than anything else I can find up here.. But the underwriter AIG just decided not to renew Alaskan policies.

    For some reason AIG must think 180s and 185s are high risk... So I looked up the NTSB numbers....

    There were only 57 C-180 accidents & incidents in the last 3 years and only 45 C-185 accidents......... BUT...., Only one C-185 fatal and two C180 fatals.( one not in the USA )
    Which says a lot for how tough the 180/185 airframe is built.
    For comparison, there were 63 Fatal C-172 accidents during the same time period.
    ( 365 total C-172 accidents in the 3 year period. )

    Kinda wish I would have known about the price increase before I bought those two G5s.....

  2. #2

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    My agent whom I have been with for 8 years told me everything was up a bit this year, had 3-5% up on both the 180 and Cub, quoted across 4 different carriers.
    Remember, These are the Good old Days!

  3. #3
    mvivion's Avatar
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    Quote Originally Posted by Alex Clark View Post
    I had a very good deal with BWI. The premiums in their 180/185 group deal were great. And are probably still beter than anything else I can find up here.. But the underwriter AIG just decided not to renew Alaskan policies.

    For some reason AIG must think 180s and 185s are high risk... So I looked up the NTSB numbers....

    There were only 57 C-180 accidents & incidents in the last 3 years and only 45 C-185 accidents......... BUT...., Only one C-185 fatal and two C180 fatals.( one not in the USA )
    Which says a lot for how tough the 180/185 airframe is built.
    For comparison, there were 63 Fatal C-172 accidents during the same time period.
    ( 365 total C-172 accidents in the 3 year period. )

    Kinda wish I would have known about the price increase before I bought those two G5s.....
    Alex,

    It's probably not just 180/185, but rather an Alaska thing. And, when you compare actuarials, comparing 172 to 180/185 is meaningless, simply because of the numbers of 172s out there.

    You have about the worst possible combination for insurance premiums: Cessna taildragger, on floats, giving flight instruction, and in Alaska. That pretty much hits most of the hot buttons, unfortunately.

    Been there, done that. Not fun.

    MTV
    Likes mike mcs repair, SJ liked this post

  4. #4

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    Insurance rates are firming up. Article in Aviation Consumer about that fact.

  5. #5
    Alex Clark's Avatar
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    Old Crowe, who do you use..?? Mine went up 40% yeah.. forty...

    Mike, I asked for a non-instruction quote. Just personal use. Still almost $1,500 more than last year.
    The 180 is too expensive to run for SES ratings. Pilots are generally a cheap lot, so nobody wants to pay.
    I do get plenty of calls from guys I talked with 15 years ago who want to hold me to the price I quoted them back in 2004...

  6. #6
    Steve Pierce's Avatar
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    Quote Originally Posted by Alex Clark View Post
    The 180 is too expensive to run for SES ratings. Pilots are generally a cheap lot, so nobody wants to pay.
    That irony and the humor.
    Steve Pierce

    Everybody is ignorant, only on different subjects.
    Will Rogers
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  7. #7

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    Quote Originally Posted by Alex Clark View Post
    Old Crowe, who do you use..?? Mine went up 40% yeah.. forty...

    Mike, I asked for a non-instruction quote. Just personal use. Still almost $1,500 more than last year.
    The 180 is too expensive to run for SES ratings. Pilots are generally a cheap lot, so nobody wants to pay.
    I do get plenty of calls from guys I talked with 15 years ago who want to hold me to the price I quoted them back in 2004...
    I go though a commercial agent at Falcon PM me if you want contact info. They stood by me through a total claim of one aircraft while I was doing the pre-buy on another. Trust me, it would be tough to get me to change.
    Remember, These are the Good old Days!
    Thanks Poor Joe thanked for this post

  8. #8

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    All it takes these days is a ground loop. That can total a good 180 - gearbox, engine, prop . . .

    There is an excellent under-utilized 180 in Plus One Flyers. The rates are reasonable.

    Insurance is strange. I pay only $290 for my Cub (liability only) but $500 for the same coverage when I instruct in someone else's airplane. And when I instruct someone who is not an owner in another Cub, the same coverage is a GRAND! (to cover the owner). The risk, it seems to me, is to the hull, not liability. Most of the time when instructing I have four eyeballs helping me not run into persons or property.

    As they say, it is what it is . . .

  9. #9
    Eddie Foy's Avatar
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    The Catch 22 is that Falcon is just a broker. They put you with the actual insurer. What part does a broker like Falcon play if you have a claim?

    Quote Originally Posted by OLDCROWE View Post
    I go though a commercial agent at Falcon PM me if you want contact info. They stood by me through a total claim of one aircraft while I was doing the pre-buy on another. Trust me, it would be tough to get me to change.
    "Put out my hand and touched the face of God!"

  10. #10

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    Quote Originally Posted by Eddie Foy View Post
    The Catch 22 is that Falcon is just a broker. They put you with the actual insurer. What part does a broker like Falcon play if you have a claim?
    A good agent is representing you and your continued business so is motivated and in my case managed to get my overall settlement offer increased.
    Last edited by OLDCROWE; 03-12-2019 at 09:05 AM.
    Remember, These are the Good old Days!
    Thanks Eddie Foy thanked for this post

  11. #11
    Alex Clark's Avatar
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    That irony and the humor.
    Steve haven't you ever watched airline pilots stealing sugar, creamer and napkins from every cafe they visit?
    Heaven forbid that I leave 6 extra rolls of good toilet paper in my guest cabin...the temptation is just too much...
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  12. #12
    www.SkupTech.com mike mcs repair's Avatar
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    Darn C-180 insurance just jumped up

    We paid $60k for the last 9 months of insurance before we sold our airtaxi 2 185’s, 1 Cherokee six and 2 instructing planes 172/150. That was in 1992. But the insurance company had just bought us or paid for 2 185s in 11 days a year or so before


    Sent from my iPhone using SuperCub.Org

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