Insurance for Gyros

DonBishop

Newbie
Joined
Feb 20, 2020
Messages
26
Location
Grizzly Flats
I tried a search and got ... well, pretty much everything but what I was looking for.

Where in the name of Zeus' a-hole are you finding insurance for your gyrocopters? My broker hadn't even heard of a gyrocopter and hasn't had any luck finding an underwriter who will take on the "risk." '

Thanks!
 

WaspAir

Supreme Allied Gyro CFI
Joined
Oct 21, 2006
Messages
4,966
Location
Colorado front range
Aircraft
Bell 47G-3B-1 / A&S 18A / Phoebus C, etc.
Total Flight Time
stopped caring at 1000
Some here go through Falcon. Nobody gets off cheaply.
 

Steve_UK

Active Member
Joined
Oct 15, 2010
Messages
3,714
Location
UK
Aircraft
I'm not a pilot but have been lucky enough to fly in Mi-24 Hind, Mi-2, Mi-17, Lynx HAS3, Gliders, GA
Any update on the PRA insurance initiative
 

WaspAir

Supreme Allied Gyro CFI
Joined
Oct 21, 2006
Messages
4,966
Location
Colorado front range
Aircraft
Bell 47G-3B-1 / A&S 18A / Phoebus C, etc.
Total Flight Time
stopped caring at 1000
I have seen numbers roughly 8% of hull value, and that's with a commercial rating, lots of pilot hours, and many years of claim-free continuous coverage.

P.S. and Standard Airworthiness
 
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Resasi

Gold Supporter
Joined
Jul 2, 2007
Messages
8,144
Location
London/ Kilifi Kenya
Aircraft
Gyrs, RAF 2000/Mgni/Bnsn/Hrnet/Mrlin/Crckt/MT-03/Lyzlle AV18-A/Prdtor. Pax ArrowCopter
Total Flight Time
100+ gyro, 16,000+ other
Any update on John Roundtree? Did the PRA convention convene this year?????
Seems there was a disappointing turnout at Mentone with low attendance not helped by weather.
 

rcflier

Junior Member
Joined
May 24, 2007
Messages
399
Location
Nexø (Denmark)
Aircraft
Auto-Gyro MTO Sport 914
Total Flight Time
30+
Well, I paid "only" US$ 4300 - but I had valued my used gyro for just € 35000.

About 10% of the insured value... Some of it because of my schooling.

As it's the open MTO, I'll leave it in the hangar for at least 3 winter months and I've heard
I have to pay for one of those. So, a small rebate after all.

But the fixed wing guys pay A LOT less...
 

MTO Flyer

Newbie
Joined
May 24, 2019
Messages
6
Location
Phoenix
Aircraft
AutoGyro MTO Sport
Total Flight Time
125
Does $7500 a year sound reasonable? It doesn't to me. But, that's the first quote that came in.
When I was a 100 hour light sport Gyro Pilot, the rate for my insurance
was $5,800 for my 2019 AutoGyro MTO.
 

schmoe90

Magni M-16 Sport Pilot
Joined
Feb 8, 2018
Messages
104
Location
Roseville, CA
Aircraft
Magni M-16
Does $7500 a year sound reasonable? It doesn't to me. But, that's the first quote that came in.
$65K M-16, ~350 hours at last renewal was something like $4600. I did think about dropping the hull value, but I'd have to drop it a _lot_ to really help. That was with Starr - I've had QBE before, but they went up a lot in 2019 or 2020.
 
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