Today's Message Index:
----------------------
1. 06:02 AM - pfp (linn Walters)
2. 01:02 PM - Re: pfp (teamgrumman@aol.com)
3. 01:06 PM - Cowling Update. Betting on the come. (teamgrumman@AOL.COM)
4. 01:24 PM - Re: pfp (linn Walters)
5. 02:30 PM - RV-10 Insurance (Gilbert Alexander)
6. 04:52 PM - Re: RV-10 Insurance (flyv35b)
7. 06:16 PM - Re: Cowling Update. Betting on the come. (Scott Boyce)
Message 1
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There is a discussion going on about forming RV-10 safety
seminars/proficiency training, and that got me to wondering if something
along that line exists for our PFP instructors. I know that we don't
have anything organized at our annual conventions like some groups do,
but I'm ignorant about the qualifications/training that our PFP
instructors go through.
The direction the RV list discussion is taking is to try and reduce
insurance premiums by taking the seminars and flying skills evaluation.
That may not happen, but there should still be some better qualified
pilots out there. Any comments??? Is this something the Grumman
community might be interested in???
Linn
Message 2
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Hi Linn, it's not a bad idea. The question I have is, "How much is the
RV-10 insurance?" and "How does that compare to the insurance for a
Tiger?" I paid $860/yr in 1984 when I bought my first Cheetah (with a
hull value of $10,000). I pay about $1000/yr now with a hull value of
$80,000. I don't think there is much room for saving a lot more. But,
I'm not an insurance broker; I only play one on TV.
-----Original Message-----
From: pitts_pilot@bellsouth.net
Sent: Tue, 21 Nov 2006 6:03 AM
Subject: TeamGrumman-List: pfp
<pitts_pilot@bellsouth.net>
There is a discussion going on about forming RV-10 safety
seminars/proficiency training, and that got me to wondering if
something along that line exists for our PFP instructors. I know that
we don't have anything organized at our annual conventions like some
groups do, but I'm ignorant about the qualifications/training that our
PFP instructors go through.
The direction the RV list discussion is taking is to try and reduce
insurance premiums by taking the seminars and flying skills evaluation.
That may not happen, but there should still be some better qualified
pilots out there. Any comments??? Is this something the Grumman
community might be interested in???
Linn
________________________________________________________________________
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Message 3
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| Subject: | Cowling Update. Betting on the come. |
Well, I did it. I cashed in an IRA so that I can pay for the cowling
DER/DAR/Engineering approval paperwork. At least I can get it done.
My gamble is that I'll make enough to put money back into another IRA.
Being self employed has a lot of benefits; having a guaranteed
retirement package isn't one of them. I also don't have any health
insurance. If it weren't for complete medical coverage through the
Veterans Administartion, I'd be up Sh*t Creek without a paddle.
Keep your fingers crossed boys and girls.
Gary
________________________________________________________________________
across the web, free AOL Mail and more.
Message 4
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teamgrumman@aol.com wrote:
>
> Hi Linn, it's not a bad idea. The question I have is, "How much is
> the RV-10 insurance?"
I don't know ..... I don't even have my kit ordered yet!!!
> and "How does that compare to the insurance for a Tiger?" I paid
> $860/yr in 1984 when I bought my first Cheetah (with a hull value of
> $10,000). I pay about $1000/yr now with a hull value of $80,000.
This will give me some idea for a comparison .... I'll get back to you!
My Grumman and Pitts cost me $840/year total with no hull.
> I don't think there is much room for saving a lot more. But, I'm
> not an insurance broker; I only play one on TV.
Since there aren't very many (yet!) RV-10s flying, it's generally
accepted that the insurance companies are being conservative on their
side. Since actuarial data is non-existent, they're probably using some
other 'similar' type plane as a basis right now. The fear is that if
there are a few accidents within a small group, the insurance costs will
soar.
Linn
Message 5
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Guys,
Insurance for the RV-10 seems to be running at $3000 to $4000 a year... a bit more
than Tigers...:^) ... but for double the hull value.
See this thread....
http://www.vansairforce.com/community/showthread.php?t'87&highlight=rv-10+insurance
gil in Tucson
-----Original Message-----
>
>
>teamgrumman@aol.com wrote:
>
>>
>> Hi Linn, it's not a bad idea. The question I have is, "How much is
>> the RV-10 insurance?"
>
>I don't know ..... I don't even have my kit ordered yet!!!
>
>
>Since there aren't very many (yet!) RV-10s flying, it's generally
>accepted that the insurance companies are being conservative on their
>side. Since actuarial data is non-existent, they're probably using some
>other 'similar' type plane as a basis right now. The fear is that if
>there are a few accidents within a small group, the insurance costs will
>soar.
>
>Linn
>
Message 6
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| Subject: | Re: RV-10 Insurance |
That's probably not out of line as many of them will be insured for $200K
probably. I have seen a couple for sale for $225K and the gal at
Fredericksburg (former Tiger owner) that just had someone build one for her
said she had about $225K invested in it! Beautiful plane with full leather
interior, 2 Chelton screens and a MT 3 bladed prop, etc.
Cliff
----- Original Message -----
From: "Gilbert Alexander" <gilalex@earthlink.net>
Sent: Tuesday, November 21, 2006 2:29 PM
Subject: TeamGrumman-List: RV-10 Insurance
> <gilalex@earthlink.net>
>
> Guys,
>
> Insurance for the RV-10 seems to be running at $3000 to $4000 a year... a
> bit more than Tigers...:^) ... but for double the hull value.
>
> See this thread....
>
> http://www.vansairforce.com/community/showthread.php?t'87&highlight=rv-10+insurance
>
> gil in Tucson
>
> -----Original Message-----
>>
>><pitts_pilot@bellsouth.net>
>>
>>teamgrumman@aol.com wrote:
>>
>>>
>>> Hi Linn, it's not a bad idea. The question I have is, "How much is
>>> the RV-10 insurance?"
>>
>>I don't know ..... I don't even have my kit ordered yet!!!
>>
>>
>>Since there aren't very many (yet!) RV-10s flying, it's generally
>>accepted that the insurance companies are being conservative on their
>>side. Since actuarial data is non-existent, they're probably using some
>>other 'similar' type plane as a basis right now. The fear is that if
>>there are a few accidents within a small group, the insurance costs will
>>soar.
>>
>>Linn
>>
>
>
> --
> 11/21/2006
>
>
Message 7
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| Subject: | Re: Cowling Update. Betting on the come. |
Hey Gary,
I'm sure you realize cashing in an IRA can be pretty expensive if
you're not old enough. It can be subject to regular income tax and a
10% penalty if you are too young. But I'm sure you know that.
Scott Boyce, AA5B, 28339
Boise, ID
On Nov 21, 2006, at 2:05 PM, teamgrumman@AOL.COM wrote:
>
> Well, I did it. I cashed in an IRA so that I can pay for the
> cowling DER/DAR/Engineering approval paperwork. At least I can get
> it done. My gamble is that I'll make enough to put money back into
> another IRA. Being self employed has a lot of benefits; having a
> guaranteed retirement package isn't one of them. I also don't have
> any health insurance. If it weren't for complete medical coverage
> through the Veterans Administartion, I'd be up Sh*t Creek without a
> paddle.
>
> Keep your fingers crossed boys and girls.
>
> Gary
> ______________________________________________________________________
> __
> across the web, free AOL Mail and more.
>
>
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