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Insurance

Plummit

Well Known Member
I made just one resolution for the New Year; Own an RV 7, 7A or 10 in the next 12 months! A partnership or sole ownership is fine, but who insures and who finances an Experimental aircraft?

Thanks

~Marc
 
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Great! Looks like insurance won't be a problem. How about financing? Is there anyone who finances a built experimental aircraft? So far I'm getting "No" for an answer.

regards

~Marc
 
Try Bank of America / AOPA. They seem to do a reasonable job.
also: NAFCO @ www.airloans.com

Personally I think Airpower Insurance is a good source too, but I am biased.

Good luck with purchase!
TJ
 
At various times, I've used several of the listed brokers, and I've also used my local a/c insurance broker that had previously found coverage for a 'factory' plane. I've also financed an RV-4 through my company's credit union. If you have a personal working relationship with a local financial institution, I'd give them a shot.

Also, never accept a 'no' from someone who can't say 'yes'. (Ask for their boss.)

Charlie
 
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