insurance for microlights/light sport aircraft

[zoobie]

hi guys

Can anyone please advise which company you are using to insure your trikes/fixed wings.

For comparitive purposes it will be insteresting to see what the figures are.

regards

Joe

[Tumbleweed]

Alexander Forbes, Cape Town.

Fire & theft whilst in Hangar, hail damage whilst on overnight fly away and whilst on trailer, vaguely about R1 200.00 to R1 500.00 per year for R500 000.00 cover.

No cover whilst flying.

Price under correction.

[JvTonder]

Gib insurance JHB, comprehensively insured - best rates I could get. Had 3 claims in less than 3 years and no problems at all. Highly recommend them.

GIB Aviation
Govender, Selvan
Full Name: Selvan Govender
Company: GIB Aviation
Bus: 011 483 1212
Bus Fax: 011 483 1300
E-mail: selvan@gib.co.za
086 508 5547 faks to pc Selvan

[HENNING JOHAN]

Thanks for this topic!I also want to insure my trike before it goes in to a hanger again.Few questions.1 trike cover,engine,wing,cart. 2 Overnight sleep over 3 Transport of trike on trailer 4 fire and 3rd party cover.5 Does Dennis jankelow cover trikes under R 60000 by that old trikes?Regards Johan Henning

[zoobie]

thanks guys.

please keep them coming.

Joe

[Wargames]

Thanks for this topic!I also want to insure my trike before it goes in to a hanger again.Few questions.1 trike cover,engine,wing,cart. 2 Overnight sleep over 3 Transport of trike on trailer 4 fire and 3rd party cover.5 Does Dennis jankelow cover trikes under R 60000 by that old trikes?Regards Johan Henning

Hi Johan,

DJA gave me a quote for a trike under R60000 that is pretty old. Try them.

Regards,

[HENNING JOHAN]

Thanks for this topic!I also want to insure my trike before it goes in to a hanger again.Few questions.1 trike cover,engine,wing,cart. 2 Overnight sleep over 3 Transport of trike on trailer 4 fire and 3rd party cover.5 Does Dennis jankelow cover trikes under R 60000 by that old trikes?Regards Johan Henning

Hi Johan,

DJA gave me a quote for a trike under R60000 that is pretty old. Try them.

Regards,

Thanks Wargames!I am doing research about this!I am also busy with santam.I can get cover for the trike +overnight sleep + trailer it!Just waiting for the quote!!

[Squirrel]

Hi Henning, Keep us informed please with contact info. I am also in the market for insurance and don' t realy know who to contact. Someone specialising in aviation will probably the best

[KFA]

JP van der Riet
Lugvaart Prinsipaal/Senior Lugvaartmakelaar

jp.vanderriet@psgkonsult.co.za | +27 12 470 6801 | +27 83 462 8887 | +27 12 348 5571 |
FAX: 086 216 0799 SAOU Building, 278 Serene Street, Garsfontein, Pretoria, 0042
http://www.psgkonsult.co.za

PSG Aviation Website:http://www.psgkonsult.co.za/aviation/

[zoobie]

hi all

I contacted GIB as well as Denis Jankelow. The 2 x quotes are pretty much the same and it appears if both of them are going with Santam. here are the contact details of both companies.

regards. Joe

Jeanette Adams
New Business Division

Dennis Jankelow & Associates (Aviation) (Pty) Ltd
An Authorised Financial Services Provider (FSP No.15808)
Telephone: +27 11 463-5550
Direct Line: +27 11 840 8344
Facsimile: +27 11 463 5551
Mobile: +27 83 250 4413
Email: jeanettead@jankelow.co.za
Website: www.jankelow.co.za


Selvan Govender
Senior Account Executive
GIB Aviation Insurance Brokers (Pty) Ltd
FSP License Number 9303
(011) 483 1212 (Work)
(011) 483 1300 (Fax)
072 613 8516 (Cell)
086 508 5547 (Fax to Mail)

[Loco]

hey guys

i'm trying to get ground cover only for my trike & it's proving to be very frustrating

apparently the aviation insurance market is very small (2 main players/underwriters) & if i get 1 quote from broker A broker B can't beat their quote since they'll go to the same underwriters

this is what DJA just told me when requesting a quote, the lady said it's pointless asking them for a quote if i already asked another broker for a quote

feels like a monopoly

the best i could get so far for R90,000, fire & theft (in hangar) & hail damage:

Annual Premium: ZAR 2 988.00
Excess: ZAR 15 000 all losses
Premium can be paid monthly at an additional 10% loading

Unfortunately, there will be no cover during trailering

please let me know if you know of another place i can get more competitive cover

cheers
ant

[John Boucher]

this is what DJA just told me when requesting a quote, the lady said it's pointless asking them for a quote if i already asked another broker for a quote
feels like a monopoly

That is professional courtesy... why would a company try and quote against itself or give one broker a more preferential quote on the same business - sort of insider trading!

[Loco]

this is what DJA just told me when requesting a quote, the lady said it's pointless asking them for a quote if i already asked another broker for a quote
feels like a monopoly

That is professional courtesy... why would a company try and quote against itself or give one broker a more preferential quote on the same business - sort of insider trading!

Sure I was just disheartened that we don't have many options wrt insurance here in SA

But strangely enough I came right with comav in the end, excellent service and premium