Parker_Woodruff

Commission rates can vary per agency, but they come out of the same total premium. Commission percentages have been going down in some cases as rates have increased.

they were so far below market they've been able to increase like this and still be the first or second least expensive game in town. Hopefully your agent can give you a good explanation. It's self preservation rather than arrogance. I think they wouldn't make so many people mad if they just kept rates at a sustainable level the whole time.

Just got your web submission. I'll be in touch soon!

nice plane!

How's yours doing these days? Haven't seen you in awhile!

Easy 50 miles of flying LOP.

Well, it looks like Don got out before the weather got sketchy here. Now he's just going slow. https://flightaware.com/live/flight/N231AT

I wish they kept it that way, though I bet the the 215 hp motor helped them raise MTOW.

Exactly. unless the governor was turned really low and they were able to increase static RPM at each adjustment, then I'm just scratching my head at this.

I was CFI onboard an M20R that experienced a transient propeller governor failure. The engine rapidly accelerated to 3600+ RPM and held there until I could get the throttle pulled back. Then it settled in at 2700 RPM. By rapid acceleration, I mean basically instantaneous. It was an MT. I never want to hear that sound again. I'm curious about the report where it says the pilot looked for max RPM on the ground and then adjusting the governor. Can the M20J get to 2700 while standing still? It can get close...not sure if it can get all the way there.

Seth, In normal times there can be a lot of activity at the end of the year if people have a tax goal. Spring is also very active (especially in the Ag world). Overall the market has just been hot for the last few years. Not enough good airplanes in the pre-owned market.

Seth, I'm a C172 fan. I know it wasn't on your list. I know one is for sale from a trusted source if you're interested.

He's getting soft. He always rounds up when he pays me for recurrent training and says I don't charge enough.

This is so inefficient and obnoxious. Just handle it with fuel taxes/flowage fees if you need. Or just cut your spending.

Probably, but you never know if there might be someone with a more competitive number that we can use...

Unfortunately with an M20A, your insurance options are pretty limited to begin with. I'd need to know where you currently stand in hours and ratings to provide advice. Thanks!

If you're not crossing any major milestones, I'd get the updates in now. If you expect to get an instrument rating or cross 300, 400, 500, 750, or 1000 total time then I would wait. Same to be said with RG time and MM time. Crossing 50 RG, 100 RG, 50 MM, 100 MM could make a difference depending on the carrier. One carrier has 25 different classifications of pilots...in other words, your results will vary between underwriting companies...

Paul, I see this with a lot of newly purchased aircraft as well - bad fuel setups. Having flown several M20Ks, I recommend the takeoff fuel flow at the high side of the numbers published above. In my experience, fuel flow wants to drop off a bit at altitude, so a full power climb to the teens or Flight Levels can get a bit too lean leading to higher CHTs.

For new business there are certainly less carriers that will do it, but it can be done. Avemco has been doing it for any age if no losses in the last 3 years.

There are a couple companies that will limit hail claims to 10% of the insured value if they do not affect the airworthiness of the aircraft. At least one carrier has a named windstorm deductible (hurricanes, tropical storms). We let the clients know very transparently if we ever quote a policy that has this. Most of time it's no factor unless it's a more extreme transition.

I was a CFI onboard a mechanical failure last year that resulted in an insurance claim. Wasn't a big deal.

1. Aviation Book: "Book of business" = segment of their insurance product offerings. AIG insures life insurance, commercial property & casualty, workers' compensation. There's a life insurance book of business, P&C book, etc. 2. Managing = underwriting and handling claims and all the admin things associated. 3. Allianz does not participate in USAIG's policy form. 4. The paper....When you get the hard copy of your insurance policy (or maybe it's just a PDF in the age of paperless), that's really the company that's on the hook for claims. Your policy notes who the actual insurance company (i.e. "carrier") is. Elevon underwrites on Allianz paper. USAU underwrites on USAIG paper which is truly a split between National Fire & Liability Insurance Company and ACE American Insurance Company. Old Republic Aerospace underwrites on Old Republic Insurance Company Paper. The list goes on...

got it...let's talk about the food chain. I'm your retail agent here at Airspeed. Let's say you have a nice Mooney M20R and you need insurance. I go check the carriers for rates. I contact a company you probably know as "USAIG" for a quote. Well...who is USAIG (United States Aircraft Insurance Group)? They're not a corporation. They're a group of insurance companies that forms a pool to share the risk in your insurance policy. Right now, those two insurance companies who make up USAIG are "The Paper": National Fire & Liability Insurance Company (50%) Ace American Insurance Company (50%) Here's the deal. The aviation knowledge doesn't lie with National Fire and Ace American. They're simply two insurance companies who believe that a company called United States Aviation Underwriters can give them an underwriting profit by insuring all types of aircraft and general liability risks. In this example, the food chain is: Retail Client (Hank) Retail broker/agent (Airspeed Insurance Agency) Underwriter/"Managers" United States Aviation Underwriters --underwriting on behalf of--> USAIG (which is two insurance Carriers who split the USAIG risk) "The Paper". The member companies of "The Paper" entrust the underwriting to USAU (The aviation expertise in the bunch) Here's a nice description: https://www.usau.com/about/who-we-are/ Who manages my claims? USAU. They're the Managers. Let's give an example for the many of your insured with Old Republic, formerly Phoenix Aviation Managers: Retail Client (Hank) Retail broker/agent (Airspeed Insurance Agency) Underwriter/"Managers" (Old Republic Aerospace, Formerly Phoenix Aviation Managers) Old Republic Insurance Company "The Paper". Old Republic Insurance Company owns Old Republic Aerospace. Old Republic Aerospace manages the aviation book for Old Republic Insurance Company, owned by Old Republic International (NYSE: ORI) Who manages my claims? Old Republic Aerospace.

You're in Canada. The Allianz/Elevon relationship was for US aircraft. I don't believe Elevon was ever underwriting for Allianz in Canada. Allianz still insures corporate and commercial risks here in the US...just not personal use pistons which were underwritten by Elevon.

Yes, Aircraft would include parts removed, but you should increase the value of your plane when engines are overhauled, etc. if the plane burns with the engine off of it, they’ll want your overhauled engine, too. Sometimes they’ll give you a window of 30 days to report this. Also, many policies cover spare parts that are designed for your aircraft