Parker_Woodruff

Mooney insurance for a student pilot is sometimes attainable but more difficult to obtain in California. I don't know where you are. As a CFI and insurance agent, I don't recommend a Mooney for a student pilot. Buy any Mooney you want right after getting your private pilot certificate.

I'll say one comment on picking up the phone. Don is on the phone all day. I visit the Maxwells about 2x per year. If you've visited his shop, it can be very difficult to have a conversation with him because the phone is always ringing. Many times he's giving advice to pilots that are AOG or mechanics that don't have the level of expertise. I know some of these people will never pay him a dime, but he has always looked out for Mooney people, in general. I can have the same issue in my business. Some days I've been on the phone for *hours* and I just watch missed call after missed call while I'm talking insurance with prospects, existing customers, or underwriters. Please have some understanding towards that and remember that he's usually not the one turning the wrenches... One of the downsides of giving people the time of day is you run out of time in the day and your other work still has to be taken care of...

We will be in Hangar A again this year. Also, expect a new look (logo) and meet our new, Florida-based agent, Mary Carrillo.

Yes, we do

Missile conversion

More financial risk compared to what can be recovered from salvage. The pilots and pilot behavior are probably about the same in each.

Having been in this for the most part of the years from 2010 to today as both an agent and an underwriter, the thing I cannot grasp is how hull rates past a certain point still decline. Let's say a $300,000 Cirrus is quoted at a 1.00% hull rate and an $800,000 Cirrus is quoted at 0.8%. At the end of the day, each of those planes has about the same salvage value. It seems like the rates would trend back upwards past a certain point. You need to get dollars in on the first dollars of the hull, and then the middle dollars can start the decline. But past a certain point, the underwriters are inviting more risk with what I'd assume has very little additional salvage value.

The M20K has been the best thing going in Mooney insurance for a long time (short body and mid-body). Sometimes it seems better than long body, too.

Mid $5000s? $6000? at $1MM/$100K or $1MM/$200K liab.

Premium is ok here, all things considered. May be able to get you smooth coverage, may not. Not sure what your deductible is, but there's enough premium here we could negotiate it either way.

we want upgraded pics of the new ride as, IIRC, the last time we saw it in a shipping container.

How much retractable gear time do you have right now? If you're with the right insurer for this aircraft before age 70, I don't expect that you'd receive a very large premium increase upon reaching age 70. There'd be some increase around that age, but not enough to drive an aircraft purchase decision.

good thing that wing got left behind...

In Texas, you can post a deposit (cash or CD) of $55,000 with the State Comptroller for auto insurance. That covers state minimums. There’s not really any defense that comes with that like having an insurance policy.

Hopefully you were with the right insurer beforehand or we can maybe get liability only. Liability only isn’t usually a problem with 4 seat fixed gear aircraft (performance of a C182 or less)