Q: Insurance recommendation

[phlgsse]

Originally Posted by mshac

Speaking as someone who spent years in the working for one of the largest insurance companies (not aviation):

1. Clients who are married to one broker often pay higher premiums.
2. Larger insurance companies are usually more risk-averse.
3. Smaller "boutique" insurers often offer policies where the big guys don't.
4. You can have an aviation insurance broker AND a P&C broker. They are NEVER the same person, or at least they shouldn't be.
5. Insurance companies will often negotiate if you threaten to cancel your policy. They really don't want to send you a check.
6. The financial rating of an insurer is critical for life insurance and investments, but not for liability policies. By law, any claimants have to chase the insurer for payment. The policyholder is off the hook.

Just a few nuggets to take or leave as you see fit.

thanks,

I'm not married to the broker per se, but the problem is one of the only underwriters that will write in hawaii reasonably appears to be global. Once they've quoted one broker they won't quote another for the same plane/pilot, so I'm stuck with parker for this year if I continue to pursue the plane.
Edit: I'm looking for another umbrella policy and checking on hull only also