View Full Version : Interim qualification to lower insurance premiums?
estepo
8th Feb 2007, 15:33
With a seemingly ever increasing number of accidents, I'm wondering whether there's a case to be made for a qualification somewhere between the PPL and CPL which insurers would recognize in order to lower premiums.
At present, I guess insurers simply take a pilot's experience into account, but I'm sure many owners/PPL's would relish the idea of taking part in advanced training programmes, were they to be oficially recognized as an advanced qualification.
Why not just teach the PPL correctly and examine to the laid down standards.
md 600 driver
8th Feb 2007, 19:35
estepo
has that new insurance company given you a quote they rang me today we will have to compare prices ?
steve
I am in contact with some underwriters about trying to find some way that involves more than just hours as a guide for insurance assessment. At present it involves a 2-3 day CRM/assessment thingy.
I will know more after HAI.
phil
outofwhack
9th Feb 2007, 09:30
With 24 years experience of flying fixed-wing and a CPL(A) qualification but only 100hours rotary and a CPL(H) qualification (and never harmed a machine or person)....
...surely I am a far better risk for insurance purposes than a 100hour rotary only pilot.
Does anyone agree/disagree? I get the feeling from other in the rotary world that fixed wings hours are completely worthless. But why? We fly in the same weather at least!
More importantly - do any insurers capable of providing coverage in Australia agree?
Opinions gladly recieved - I am about to ask for quotes for insurance on my first machine - a B47G5A.
OOW
rudestuff
9th Feb 2007, 10:46
I'm sure that there are some who would argue that you have 24 years worth of BEEP = STICK FORWARD ingrained in you that actually make you more of a risk..., but with 100hrs I'd say you were just as dangerous (or safe) as each other - except that you seem more confident (which could also be considered to be more dangerous). In reality it all depends on the individual.