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  • #16
    I went through Falcon. $420 for the project. I don't remember the hull value...maybe $80K or so. I specifically wanted it as I was taking possession of my engine and also wanted it to protect me while transporting parts to the hangar.

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    • #17
      anyone done this recently, as in 2023-2024 ?

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      • #18
        Yep, through Ladd-Gardner. $1200 for 200k this January. Model 5 with panel, engine, prop, etc. All the components are there, and almost all together.
        Last edited by flashf16; 03-31-2024, 03:32 PM.

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        • #19
          I went through the eaa website. There is a STARR Builders Risk program. It requires $250K in liability for the structure you’re building in doe $400 and 1% of kit value. It was more than I imagined.
          N750HT - Model 5
          KCNI
          https://eaabuilderslog.org/?blproject&proj=8Fr0X26jS

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          • #20
            Falcon Insurance or Global Aerospace 75K for $450/yr. Quoted January 2024.
            Travis
            Travis M
            Kentucky
            Bearhawk 5 Quickbuilt Kit Plane #5041
            Received December 2022

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            • #21
              I got another quote. Global Aerospace. $1,000,000 in liability and $100,000 hull value for $850/yr
              N750HT - Model 5
              KCNI
              https://eaabuilderslog.org/?blproject&proj=8Fr0X26jS

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              • #22
                I'm wondering why you would need liability while building? Is that for renting or borrowing someone else's work space?

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                • #23
                  Just brainstorming... Maybe someone comes over to visit and pokes their eye, maybe you have a fire that spreads to nearby structures, maybe the airport authority requires it, etc. I don't think I carried any liability during construction but did insure the airplane parts.

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                  • #24
                    Ok while we are talking insurance I have two condo hangar that I own. I am looking for insurance for the contents (less airplane). I originally had a policy with travers a few years ago but it seemed really expensive for what it covered. They wanted $600 a year for only $24k in coverage. Do any of you have suggestions?
                    John Snapp (Started build in Denver, CO) Now KAWO -Arlington Washington Bearhawk Patrol - Plans #255 Scratch built wing and Quickbuild Fuselage as of 11/2021. Working on skinning the left wing! -Ribs : DONE -Spars: DONE, Left wing assembly's: DONE., Top skins : DONE YouTube Videos on my building of patrol :https://m.youtube.com/user/n3uw

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                    • #25
                      I have a builders insurance policy with Global Aerospace, through EAA. I pay $600 for $100K coverage....thats Physical Damage, not in motion. No medical coverage.
                      Brooks Cone
                      Southeast Michigan
                      Patrol #303, Kit build

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                      • #26
                        It’s my building. I was told it covers someone getting injured while in it. Not sure why the two are tied together
                        N750HT - Model 5
                        KCNI
                        https://eaabuilderslog.org/?blproject&proj=8Fr0X26jS

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                        • #27
                          Just got a quote from BWI for "construction in progress" coverage. Global Aerospace, 110K hull for $660/yr. 1 million of liability adds another $330 to the tab - I declined the liability, though the initial quote had it bundled in for a higher overall cost ($990/yr)

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                          • #28
                            The only thing I can add it that there is usually no need to start with a higher number. Begin with a base, say the cost of a kit/materials, and then increase coverage when you have an engine, again with avionics etc. Normally it just requires an email asking for a new quote.

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