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Insurance

Posted: Wed Oct 27, 2021 11:44 am
by iain_clark
Has anyone renewed their insurance recently? I am looking into purchasing an Express and had an "Indication" from one underwriter last week that was withdrawn this morning. I would really appreciate any information on underwriters who are currently covering Wheeler expresses and particularly any that have done so recently. Please and thanks.

Re: Insurance

Posted: Wed Oct 27, 2021 2:30 pm
by xprsav8r
I'm also curious if others would share their quotes. I feel mine is extremely high. In 2017, I paid $2000. In 2019, I paid $3600. Earlier this year I was at $4000 with a hull value of $120,000 and liability of $1M.

All the best.

Re: Insurance

Posted: Wed Oct 27, 2021 2:57 pm
by iain_clark
My "indication" was for 5600$ but as I said, that was rescinded. The insurance company was Hallmark.
My broker says a lot of smaller companies have left the market so there is much less competition and the bog outfits are behaving accordingly.
xprsav8tr can you please let me know which insurance company you are with?

Re: Insurance

Posted: Wed Oct 27, 2021 5:01 pm
by iain_clark
Avemco will write liability only coverage with no hull or occupant coverage.

Re: Insurance

Posted: Sat Oct 30, 2021 7:21 am
by johnnapier
I recently inquired about insurance. I bought a 2000RG 70% complete. I cant find the email but I think $3600 with a 150K hull value. I inquired with Bob Haag at Falcon Insurance Agency. They had insured my 59 Bonanza.

Re: Insurance

Posted: Mon Nov 01, 2021 1:57 pm
by xprsav8r
iain_clark wrote: Wed Oct 27, 2021 2:57 pm My "indication" was for 5600$ but as I said, that was rescinded. The insurance company was Hallmark.
My broker says a lot of smaller companies have left the market so there is much less competition and the bog outfits are behaving accordingly.
xprsav8tr can you please let me know which insurance company you are with?
@iain_clark: I'm with Hallmark. I've tried Avemco, too, and they would only cover liability.

@johnnapier: Thanks for your insight. While Falcon Insurance may be your agent, who is the underwriter if you don't mind? Thanks again.

Re: Insurance

Posted: Sun Nov 07, 2021 7:55 am
by LouisCarre
I have 2000RG in Canada

Price this year really expensive, around 5500 cnd for 150k hull value with Marsh insurance

Louis