Eclipse 500 Type
 

Got a guy who is wanting me to be typed in his eclipse to fly him around... anyone have any idea what insurance requirements are on average for a jet like this? Obviously got the CFI ratings if that helps for insurance at all.... will have a decent amount of time in a Baron 58 as well.

Thanks guys

What is decent time in a Be58, 50/100/500??? What's your TT?? I'm guessing you have "0" turbine??? That is really what's going to hurt you. They can still get you the type, but you're going to need a Mentor pilot is my best guess to keep the insurance company happy. Could be as much as 100hrs or greater just depending your specific scenario.

TT at 500, multi up to around 100 in the baron... more if needed. This guy was getting a type in it with no mentor pilot. He has about 2000 in the baron TT. He is 60 years old and just getting to the point i think where he is not as capable and is realising that

Pro Pilot had a good read on VLJ'S when they were introduced a few years ago. You can check AOPA insurance, their group has some terrific rates. I am in the process of placing a trainer in the air and AOPA is quoting $1331 annually for a student, compared to $8500 with Avemco.

There have been many Cirrus SR22 pilots with no multi or turbine experience at all who have transitioned into Eclipse jets with a safe record of operation.

Simcom probably won't care about your experience for a type rating...but insuring with that little experience could be rather expensive ($20-30k). One thing in your favor is hull value - your average Eclipse 500 is probably no more than $1.5M hull and many probably less than that.

im willing to bet my biggest detriment will be the multi time. I don't think money is the object for this guy... just if i can or not. Meaning, if insurance WONT insure unless i have 750+ total time or what not, thats where the problem will lie.

Money is ALWAYS an object for anyone. Think of it this way...people who have money have it for a reason.

There is a price point where he will no longer be interested. Especially in this industry there is always someone with more experience who will do it cheaper.

While true, its entirely possible that point is well above what one might be charged as insurance premium on the Eclipse.

Its also PROBABLE that the premiums would be quite reasonable if the OP and the owner fly the first year crew-only vs. single pilot; this would allow the underwriter to see a reduced risk vs. single pilot operations resulting in a lower invoice.

It would be him and i only. The situation is, he is an investor... he wants to hire me on his team to start investing with him, and fly around with him in the eclipse. THis is why i say money is no object because its more than me just being his pilot... he has an interest in me further than flying. So the situation would be, me with the type and him without, no one else in the plane.

If you have the type rating and he does not, then it'd be you legally operating as single pilot or you flying with him as SIC in accordance with the requirements of 61.55.

I don't think you'd have any problem flying the Eclipse, but insurance could be a factor...