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  #1  
Old 06-07-2019, 05:53 PM
Foghorn Foghorn is online now
 
Join Date: Feb 2018
Location: Virginia Beach
Posts: 25
Default Storage Insurance

I'm building in a hangar and I'm trying to get storage insurance for $80,000. Kit, engine and avionics. The best I've seen so far was $1100 yearly. Does that sound about right for hangar storage while building?

Thanks
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RV8 - Building
C195 - Flying
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  #2  
Old 06-07-2019, 06:57 PM
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DakotaHawk DakotaHawk is offline
 
Join Date: Oct 2008
Location: Arlington, WA
Posts: 788
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Dang!!! That's what I'm paying for full coverage on my flying RV-7!
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Scott "Grumpy" Stewart
RV-7 N957RV (First Flight on Dec 18, 2009)
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#866 on the Van's RV-7 hobbs
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Arlington, WA
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  #3  
Old 06-07-2019, 07:32 PM
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9GT 9GT is offline
 
Join Date: Jan 2010
Location: Southern Michigan
Posts: 1,631
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That's out of line. I have $80K builders risk on my RV-9A through Gallagher that I just renewed and the premium was $518. Give Shanna or Kim a call. They know the experimental market thoroughly and specialize in Van's RV's.
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David C.
Howell, MI

RV-9A: Under Construction.
RV-10: Completed 12/29/2013 SOLD 08/23/2016

"Donor Exempt" but donated through Dec. 2020
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  #4  
Old 06-07-2019, 07:55 PM
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wirejock wirejock is offline
 
Join Date: Oct 2005
Location: Estes Park, CO
Posts: 3,344
Default Gallagher's

Quote:
Originally Posted by 9GT View Post
That's out of line. I have $80K builders risk on my RV-9A through Gallagher that I just renewed and the premium was $518. Give Shanna or Kim a call. They know the experimental market thoroughly and specialize in Van's RV's.
Agree. What he said. I have about the same hull policy.
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Larry Larson
Estes Park, CO
http://wirejockrv7a.blogspot.com
wirejock at yahoo dot com
Donated 12/27/2018. Plus a little extra.
RV-7A #73391, N511RV reserved (2,000+ hours)
HS SB, empennage, tanks, wings, fuse, working finishing kit
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I cannot be, nor will I be, held responsible if you try to do the same things I do and it does not work and/or causes you loss, injury, or even death in the process.
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  #5  
Old 06-07-2019, 08:13 PM
DaveWelch DaveWelch is offline
 
Join Date: Mar 2005
Location: Huntsville, AL
Posts: 349
Default Another Thumps Up foe Gallagher

About 600 as I recall for “Builders Risk” insurance.
I wouldn’t refer to it as “Storage” if you’re in the process of building.
2-cents,
Dave
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RV12 N951DZ
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  #6  
Old 06-07-2019, 08:17 PM
DaveWelch DaveWelch is offline
 
Join Date: Mar 2005
Location: Huntsville, AL
Posts: 349
Default Another Thumps Up for Gallagher

About 600 as I recall for “Builders Risk” insurance.
I wouldn’t refer to it as “Storage” if you’re in the process of building.
2-cents,
Dave
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RV12 N951DZ
First Flight 9/23/16!
No paint yet. Working on a scheme with John Deere colors or accents.
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  #7  
Old 06-08-2019, 04:58 AM
bobnoffs bobnoffs is offline
 
Join Date: Jul 2012
Location: n. wi
Posts: 633
Default

way high. prorating what i see for a cheaoer kit $500-600 is where you should be.
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Bob Noffs
n. wi.
dakota hawk/jab 3300 built and flying. sold 6/18.getting serious about the 12.
RV-12 kit as of 9/13
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