Thorp Air Command - T18.net
http://t18.net/thorpforum/

Potential New Thorp Owner - insurance and CFI's
http://t18.net/thorpforum/viewtopic.php?f=34&t=8863		 Page 1 of 1
Author:  Dsmith703 [ Thu Apr 11, 2024 12:10 pm ]
Post subject:  Potential New Thorp Owner - insurance and CFI's
Hi everyone,

I have found a T-18 locally (New England) for sale, it matches my mission and it seems in great shape. I'm working with the seller, but in the mean time, I've gone through the lost of Thorp Ambassador list and can't seem to find an active CFI betweren here and Texas that's willing to teach in a Thorp. My insurance broker attempted to get quotes from 5 different insurance companies, and only two replied. The best rate I could get was $1904/yr, (insuring the hull value for a $25k purchase price) and I must get 10 hours dual with an instructor that has at least 750TT, 250 Tailwheel, and 25 in type. This all seems pretty ridiculous to me. It's not like insurance companies will negotiate on any of this, so I'm not really sure what to do. I was thinking full hull coverage would be a little more than half that, and the restrictions on the CFI seem pretty unreasonable/so far impossible to find.

I am a CFI, ATP with 7200TT and 90 tailwheel.

Thanks in advance,

- DAN
Author:  Rv3maker [ Thu Apr 11, 2024 4:25 pm ]
Post subject:  Re: Potential New Thorp Owner - insurance and CFI's
Would they insure you after so many hours PIC? IOW, if you self insure for the first XX hours would they insure you?

Not saying it is the ideal situation, but have known several people with RV's that basically just flew the aircraft until they met the requirement to get insurance.

It's getting a bit ridiculous.
Author:  Dsmith703 [ Thu Apr 11, 2024 5:14 pm ]
Post subject:  Re: Potential New Thorp Owner - insurance and CFI's
Rv3maker wrote:
Would they insure you after so many hours PIC? IOW, if you self insure for the first XX hours would they insure you?

Not saying it is the ideal situation, but have known several people with RV's that basically just flew the aircraft until they met the requirement to get insurance.

It's getting a bit ridiculous.


Thanks for the reply.

Are Thorps more accident prone than other aircraft or are rates just going nuts? I have a friend who has thousands of hours in taildraggers, and hundreds in an RV-6, I'd feel more comfortable with someone like him. I understand the T-18 is 10-15 kts faster on final than the RV, but they've gotta be pretty comparable right?
Author:  James Grahn [ Fri Apr 19, 2024 12:10 am ]
Post subject:  Re: Potential New Thorp Owner - insurance and CFI's
They are comparable in every way… except they handle better.
Insurance is outrageous in every facet of life.
If you do not want to self insure as mentioned above, let me know. I’ll do it, or find someone who will.
Cubes
Page 1 of 1 All times are UTC - 6 hours [ DST ]
Powered by phpBB® Forum Software © phpBB Group
https://www.phpbb.com/