Selling Block Time Insurance Question

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ScudRunner-d95
Posts: 1349
Joined: Thu Feb 13, 2014 5:08 pm

Anyone with experience selling block time and had dealings with insurance?

What was required? Hull and liability, did the pilot who purchased the time require their own liability coverage.


Fendermandan
Posts: 113
Joined: Mon Jun 29, 2015 11:54 pm

It's quite simple. You need to get the block pilot to fill in experience and last 12 months flying time and which types and submit it to your broker to be added as an additional pilot.


Typically broker would reply back with the adjusted price or checkout restriction. If you get someone experienced to buy a block from you, then there is only a nominal processing fee. If you have someone with the instructor rating, some insurance companies don't even need anything.


As far as actual hull, in motion, etc coverages, that is up to you as an owner. You need liability only.
ScudRunner-d95
Posts: 1349
Joined: Thu Feb 13, 2014 5:08 pm

great thank you for your reply, seams straight forward.
David MacRay
Posts: 1259
Joined: Wed Jun 03, 2015 3:00 pm

Dan, great to see you here. How are my warrior IIs doing?
Fendermandan
Posts: 113
Joined: Mon Jun 29, 2015 11:54 pm

I saw mr. Photofly last summer. His c182 is parked right beside it. Warrior2  seemed weathered but flying. It's got 4 owners on it.
David MacRay
Posts: 1259
Joined: Wed Jun 03, 2015 3:00 pm

I was googleing the registrations after I wrote that. There is not much on the registration site or flight tracker about them. One seems to have been parked in Springbank last owner listed in Calgary, hopefully it is still flying too.
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