Classic Aircraft Insurance

[valve guide]

Looking at buying a classic machine (50 years +) and wondered if any one could point me in the direction of any insurance companies that specialise in this. I would also be interested to know what restrictions might be imposed. I remember having classic car insurance and I was restricted to under 3000 miles per year so wondered if there might be a similar type restriction. Appreciate any info you might have. Thanks

[Curlytips]

My classic (?) Spamcan turned 50 this year, and much of the UK fleet probably isn't far behind! Unaware of any specialist insurers, but it's worth trying several for quotes. I won't promote the people I'm with as it probably isn't allowed, but they were very helpful in matching the best price I could obtain from a relatively recent newcomer (to UK) that does everything online and is very competitive. As far as hours are concerned, you'll be asked how many hours you expect to fly (and how many last year, and experience on type and overall, hull value etc) and that decides premium. Because you are subject to a maintenance regime, there should be no restrictions on hours, just how much risk you represent.

Do try a few as quotes can vary dramatically! If it isn't obvious who the online guys are, feel free to PM me........

[Maoraigh1]

Part owner of 2. Started new group with 1967 aircraft last year and had no problem getting insurance. Have also answered your other post in other section.
PS both aircraft are on LAA Permit, though one would be EASA but for a historical oddity.
Neither is kit/homebuild.

[Marchettiman]

Originally Posted by valve guide

Looking at buying a classic machine (50 years +) and wondered if any one could point me in the direction of any insurance companies that specialise in this. I would also be interested to know what restrictions might be imposed. I remember having classic car insurance and I was restricted to under 3000 miles per year so wondered if there might be a similar type restriction. Appreciate any info you might have. Thanks

Try the LAA insurance scheme with Air Courtage which is a French company. After several years with Visicover, who I found inflexible and have just quoted ridiculously increased premiums despite no claims or other adverse history, I applied for a quote and was very pleasantly surprised. Their service (so far) has been superb and friendly, the lady who telephoned me within two hours of my online application spoke perfect English and knew her stuff. You need to be a member of the LAA, but that is worthwhile if you own a classic aircraft even if it is not on a LAA Permit.

[bvgs]

Thank you I’ll give them a try. 👍🏻👍🏻

[Charlesschrager]

Originally Posted by bvgs

Thank you I’ll give them a try. 👍🏻👍🏻

Try Ian Feast at Alan and Thomas down in Poole - they have a facility with Beta, a Lloyds syndicate - pretty effiicient, and cost effective and they offered me a significant reduction on first year renewal.

[Maoraigh1]

Haywards are our broker for the Bolkow Junior. The Jodel DR1050 is with Visicover.

[PrivateAviator]

I have a 1948 cessna 140 registered N and based in Italy,insured with Axel Neuman in germany.
The only restriction is related to who's piloting the plane,which in this case is only me,no big deal.
for the rest no restrictions,it's valid all over europe (no need for a world wide coverage),I pay aroun 550 euros a year for third party only,and it would cost about 1.100 euros for full coverage (hull loss,fire,theft and so forth).

They only asked me how many hours I had before giving me a quote.

Pretty simple.