Quote:
Originally Posted by PaulRX
I got one tire-kicker quote for a P337 from AIG. I gave them a $115K hull value. With 950TT, 75 retract, and 0 ME, they quoted me $4600/year. Ouch. I presume it would be lower if I had multi time, but I am wondering how much lower-- that's more than 2x what I pay per year for a three-pilot policy on a PA32 with a $150K hull value. What are y'all paying for your policy?
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Check very closely and ask three times if the quote is for a "Pressurized" 337. My initial quote (not from my regular broker) came back surprisingly low. I asked and was told yes, that was for a pressurized 337. I asked two more times before binding and finally the third time I asked (I think he got worried) it came back that no, it was a quote for a Turbocharged but not pressurized 337. The P337's designation is T337G so it is easy to get confused. My long time agent had the best quote with the best transition training requirements, of course.
Two months ago a friend of mine with private and instrument and no multi rating yet got a quote on a $125k P337 for $7,936 (plus obtain a multi rating and 25 hours of dual).
I have CFI, CFII, MEI & ATP (that I originally got in a previous P337 I owned). 2,200 hours total time, 2,000 retract, 775 multi, 125 in P337 with another 100 in P210 (pressurized hours help). In October I ended up paying $4,610 for $120k hull.
If you can get insured in a P337 for $4,600 that's dirt cheap today. I assume they are requiring formal school. If not, I can guarantee you your quote was for a T337 and not a P337.