I’m working on a partnership in a TBM with two other relatively low time pilots. They got a quote from a broker other than the one I use for my Baron. They asked if I could get a quote from my broker. I asked for and received a quote. I thought my potential partners had gotten a quote on a different plane. My broker wrote to me today to pull the quote, saying the plane had been quoted by the same carrier to another broker. The quote to me was 6K more annually and double the deductible, with more or less the same limits and training requirements.

Isn’t that interesting. Same carrier, different broker, markedly different pricing and conditions. What a business. Completely opaque pricing. Impossible to know which broker will get the best deal.

Antitrust, collusion, anticompetitive practices? I guess we can’t do much about it, but it sure is infuriating

Who were the underwriters for each quote? Were they the same?

Same underwriter

Same named pilots and pilot history forms? If so, I hope they either made a simple math mistake or overlooked some underwriting criteria on one or the other, but that is a big impact on premiums and terms.

Lack of transparency is frustrating with the broker in the middle, but I would hope the broker could help prevent something like this from happening.

Same everything

Something is not right. I was repeatedly told that once an N number is quoted, the same quote will be given within x days to any broker, so shopping brokers at that point is pointless. Unless new broker have access to different underwriter.

Read the fine print on actual proposed policies (including all riders) vs. just the premium numbers. I bet $0.02 you'll find that different brokers asked for different coverage and that proposed policies have substantial differences in actual policy terms that coverage (again, not just limits and premiums, but what's covered and what isn't)

Skip the middle(fill in your preferred pronoun), go w Avemco.

Avemco doesn’t do turbines.

Hi Dennis -



I wouldn't say that... 25 hrs vs 40 hrs dual before solo qualification is a pretty big difference (to me).

That said, I sure hope we can put together this partnership despite all the effort of the insurers to prevent it.

I think you mean "peek"? Or maybe you meant a "small peak" under the tent?

sorry, all joking aside, do you mind disclosing the brokers involved? I've found that once you bring a problem like this up with a reputable broker (I like the one's who interact here), they can often resolve the issue.

What you're describing seems just plain wrong.

That was embarassing.

I prefer not to impugn the brokers.

I find it frustrating to not be able to find out which brokers work best with which underwriters. I agree that it just seems wrong.

BTW, I'd like to go back and change the thread title. Is there a way to do that?

Sorry Dennis! I didn't mean to embarrass you.

You may be able to go to the first post and click "edit". I know you can do that with For Sale listings.

I don’t see an “edit” tab on my post. I’ve seen tabs on my other posts.

The option to edit disappears after a while. I'm not sure what that accomplishes but it might relate to server storage limitations.

I think any reply can edit the subject. Like this.