70 years old, no insurance?

[FuriousPhoen1x]

Hey Guys,

 

Recently the pilot I fly with has gotten some sad news. His insurance company is telling him that they won't insure a 70 year old pilot in a retractable airplane.

 

Does anybody have any experience in this area? He might be selling the Mooney this year anyway due to medical problems and switching over to something like an Aeronaca 7AC, but I wanted to see if anybody had any input outside of the Abilene TX area...

 

He's a former B52 pilot with a ton of hours.

Thanks!

[mooney231]

My grandfather is 82 and had insurance through USAIG in his A36 Bonanza up until he sold the aircraft last October (2010).  His premiums doubled and then trippled (topping out around the $6,000 figure) over the last few years despite the fact that he received recurrent training every 6 months with a fresh BFR/IPC during each training event.  He was told the increase was specifically due to his age with no regard for his FAA qualifications or accident free record.

He looked into other insurance companies (Falcon, AOPA IA, etc.) but was told at an older age there is no chance of being insured through them in a retract and every representative he spoke with recommended he stay with his current insurance company.

Who is your friend insured with?

[AustinChurch]

My father owns a Cessna 177RG, he is 73 years old and pays only $1700/year with a hull value of $65K.  He has IFR and twin ratings, approximately 1000 hours and zero accidents.  He insures with John Hardon at Aviation Resources (301-682-6200).  Good luck!

[eldeano]

He may try different insurance companies, I know the previous owner of my plane was 75 before he let his medical lapse to go to light sport.