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Insurance needed


Ario

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I'm a Canadian citizen recently moved to California due to my job. I have a Canadian 201 and need to get insurance. But a couple of american brokers including Falcon refused, since it's not an N-registered. A Canadian broker also refused since I'm not currently residing in Canada.

Can anyone please help?

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1 hour ago, Ario said:

I'm a Canadian citizen recently moved to California due to my job. I have a Canadian 201 and need to get insurance. But a couple of american brokers including Falcon refused, since it's not an N-registered. A Canadian broker also refused since I'm not currently residing in Canada.

Can anyone please help?

Who is it currently insured with?

If you are planning to live in the US long term, you may want to consider importing the aircraft and get an N-number. Maintaining an aircraft under FAA regulations is less expensive than under Transport Canada ones. If you keep it C-registered, you'd need to have a Canadian AME sign of your annual as well.

If you aren't a US Citizen - you would likely need to a create a holding company (C Corp) for the aircraft. It's legal for the C Corp to have 100% foreign ownership so long as 60% of the flight hours are in the US. I'm a Canadian citizen and I have my aircraft setup this way.

Let me know if you have any questions.

 

-Andrew

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