Insurance article
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Answered By AOPA
A pilot I spoke to today told me he read something from AOPA recently about the insurance rate increases many owners are seeing.  He said the article spoke of added requirements for pilots over 70 years of age.  I had read recently that 80 was the age that these more strict requirements became common.

Does anyone remember this article and can they tell me where to locate it?
8 Replies
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AOPA Staff Answer
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That was what I thought as well when I got basically shut down by one of the biggest companies out there.  Then I still reached out to a couple more and fortunately finally remembered to actually go through the AOPA website.  They really helped me and we got great coverage!  I have very limited experience so far but that has been what I ran into.
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I had a huge increase in my premiums this year  at 76 yo.

I have a basic question on shopping around.  

I understand that if I ask for example Acme Insurance Agency for a quote and they contact several underwriters (Global, US Specialty, etc.) then any other agency that I ask for a quote will not be able to get a quote from the underwriters that had been contacted by Acme.  Agents are just that, agents, and the accepting or declining is up to the underwriters and from what I understand the underwriters will not offer quotes for the same tail number twice.

Is that correct?  

 
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I am looking at purchasing a newer fixed gear, over $400k plane.  With only 140 hours and high performance endorsement does anyone have a favorite insurance company to get a quote from for such a situation?
 
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I also saw the article about insurance rates going up, and would hope that AOPA as an organization representing the General Aviation community is at least taking a stand on the matter, as opposed to just turning a blind eye.  I just received a 35% increase to cover my Bonanza for the next year ....after 30 years of zero claims ...incidents or accidents.  The insurance companies have had their way with the GA community, consolidate at will and sadly no one seems to be able to stop them.  Sorry for the rant ....after a while this s*** just gets old!
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Yep, you got it.  Tip # 3 in that sidebar.