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Pleasant renewal surprise

RobertGary1

By RobertGary1
in General Mooney Talk

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RobertGary1 Grand Master

RobertGary1

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Posted

I just got my renewal quote from Southwest Aviation. Turns out I can drop my premium in 1/2 by changing companies with no real difference in coverage. My broker mentioned that the market for high time pilots with no bad history is very competitive right now. Unfortunately my current provider (AIG) isn't reacting and as a result they're seeing an exodus. This was especially nice since I increased my hull value after installing my new engine. I've had a good history with AIG but I don't see paying double for that relationship.

He also mentioned that companies are really looking at what you did the previous year. They're looking for hours flown and proficiency. 

-Robert

rbridges Grand Master

rbridges

Posted
Posted

I'm not a high time pilot, but my broker found a company that saved me 20% vs last year, even with a slight bump in my hull coverage.  Nice to see a price break every now and then.

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