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Randy, Although I am licensed as a private pilot, I am flying under Sport Pilot rules (expired medical), and just bought my 415-C 'Coupe in September. It is insured with AIG. For anyone having trouble (as I did initially) getting AIG to agree to an adequate value for their LSA-legal Ercoupe: I was told all the companies except Avemco rely on Blue Book for their valuations, and that Blue Book is based on dealer-reported sales. The problem is that the market in LSA-legal Ercoupes is so hot that most don't bother to use dealers, and Blue Book has not caught up. Even after sending my agent a bunch of comparable sales, and an equipment list, he wasn't able to get the underwriters to agree to more than 10% over blue book, and I wanted an agreed value of $27,000 -- about what I had put in between purchase price and upgrades. Going to the AOPA Expo in Palm Springs provided 2 solutions: (1) insure with Avemco, which had no problem understanding the hot market in LSA-legal Ercoupes, (2) talked with a V.P. at the AIG booth, Jim Anderson, and got him to see the light of day: rather than lose my account to Avemco, he agreed to review the comparable sales, and within a few days, AIG agreed to the valuation I requested. Invoking Jim Anderson's name should help anyone insured with AIG to get a more realistic agreed value. Linda N3437H From: Ercoupe Technical Discussion (moderated) <[email protected]> Date: Thu, 07 Dec 2006 00:00:21 -0800 To: Ercoupe Technical Discussion (moderated) <[email protected]> Subject: Digest list: Ercoupe Technical Discussion (moderated) From: John Roach <[EMAIL PROTECTED]> To: Randy Hougham <[EMAIL PROTECTED]> Reply-To: John Roach <[EMAIL PROTECTED]> Subject: Re: [COUPERS-TECH] Fw: Sport Pilot Insurance Randy, I would second Larry's advice. I've insured my Coupe with Global through Falcon since I bought it in May of 2005. They were very easy to deal with even though the Sport Pilot Rules were less than a year old at that time. I assume that you probably are an EAA member (if not I suggest that you join) and you can access the EAA web site to get any needed contact information. They originally wanted to insure my plane for a little less than I had invested in it. However, it was a simple mater to get them to adjust the premium to the amount I requested. Their checkout requirements were also reasonable and did not require extensive hours in type or transition training. I do not know what requirements they will set for a student pilot but I assume that they will at least be competitive in both price and restrictions (or lack thereof.) John Roach N 2427H [EMAIL PROTECTED] wrote: >> I am a student sport pilot and I own a 415C. I found out today that >> my insurance company will not cover sport pilots or Ercoupes as LSA. >> Is there anyone out there who is a sport pilot with an Ercoupe and >> insurance? What's a good company to go with? > ============================================================================== To leave this forum go to: http://ercoupers.com/lists.htm
