I just renewed my insurance with AVEMCO on my 1999 M7-260 for $3702 with 1 million liability and a Hull Value of $170,000. Global quoted $3211 until I added a named pilot with 2654 hours in Maules but no Instrument rating. Global then went to $3,812. I was informed that age 69 is a changeover point where about half of the available insurers won't even quote me even with an ATP, 23,000 plus hours and 55 hours in Make and Model. This is really making me feel old. AVEMCO is great to work with and said I was in their lowest risk category. One great thing is that AVEMCO will let you drop the in-motion for 30 days at a time with a quick phone call. You can do this with other insurance companies, but it is much more involved. This will save me a lot when we take trips in our RV. One other interesting thing that the AVEMCO broker told me was that Maule Aircraft are actually appreciating in value unlike most aircraft.

Holy cow, you need to call Angelia at Duncan. My $150k C180 is only $2400 and I'm low time.

Second recommendation for Angelia. My $150K C180 is $1600/yr and my $60K Maule $2600 with my low time daughter on the policy.

I think there is a misunderstanding about insurance brokers. Any major insurance broker shops quotes from all the insurance companies other than AVEMCO that are insuring aircraft. It really matters very little which insurance broker you go through as the quotes will come in the same. Last I heard there are no more than 8 insurance companies writing policies on GA Aircraft. Because of my age and the type of aircraft half of those declined to even quote. I am in the absolute lowest risk category for my age. Also, you can only have one Insurance Broker solicit quotes. The insurance companies will not quote insurance to multiple brokers for the same individual.
Angela at Duncan will not get any different results than Falcon Insurance.

I would be willing to try Angela at The Duncan Insurance Agency on Monday. I think I can give them a release letter so they can shop new quotes. I know I have had to do the before. I show the number as (903) 886-2183 in Commerce, Texas, is that correct?
It not supposed to make any difference so it would be interesting to see if that gets any different results.

972-227-8688, they are in Waxahachie

Thanks TJ. I will give Angela a call this morning and see if she is willing to shop quotes again for me. I would love to be wrong and see lower numbers come in.

I did talk to Angela at AIA this morning. She confirmed that her quotes for insurance will come in no different than my previous quotes. She said that Global Aerospace would be her lowest quote for a Maule at my age. She also said that there are really only 3 insurance companies out of 13 available that are writing policies on Maules. I will have to stick with AVEMCO from here on due to my age as she said they would most likely keep insuring me as I get older.

Sorry for the bad news. There is no Silver Bullet. It does not matter what Broker you use you will get the same quotes.
Curt

crhannay wrote: Angela at Duncan will not get any different results than Falcon Insurance.

I agree that the quotes should come in close to the same regardless of brokers but in my case the call paid off.

According to Falcon there was one provider that they were not able to get a response from when they were shopping around for my renewal that Angelia did hear back from. This provider came in a couple hundred lower than what Falcon was able to find with the other ones they had requested quotes from.

Interestingly the reason I switched to Falcon (from Duncan) back in 2011 is because at the time Falcon was able to offer a better rate.

I am glad that worked out for you. Given my age she felt there would be not change as the low quote would still be Global Aerospace and they would stick with the previous. I will try Duncan again next year and see how it comes out. Unless it is a huge difference I will have to stick with AVEMCO from here on due to my age as they would most likely keep insuring me as I get older.

Well, the current insurance situation is no longer a rumor for us.
No claims for 13 years and no problems. Nothing changed. No increased risk. Our renewal with AIG is due and it increased 60%! For no reason. Our broker says the insurance industry is shrinking and we now have a “hardningâ€￾ cycle. Our rate has been going down steadily over the years and now suddenly:::WHAM! We called around, tried everything. Got to eat it or sell out. Oh, and Avemco? They quoted 155% more than AIG.
Out of options.

How much hull value? What was the total premium. Mine was $3,702 for a hull value of 170K with Avemco.

Some figures from Europe for an MX-7-180 whose driver has 600+ hours on make & model:

Liability only $1,100 or $1,700 to include 100k hull value.

Above is with glider towing and off-airport alpine landings which together increased the premium by about 25%.

Huge variation between quotes over here though. One insurer quoted $4,300 including the hull insurance.

Wait until you are 75 yo and then you can really have the joy of finding insurance at a good rate or at all.

TD

Best I was able to come up with on $95K hull for a MXT-7-180A was around $1550 through AOPA.