I am looking at buying a project from an insurance co. I was talking to insurance today and they mentioned that aircraft that are salvaged may not be able to be covered? My broker started talking about how autos get a branded title and aircraft are like that. I have never heard if this before. I have a nationally known broker and they have been great.
Since the FAA paperwork does not mention that an aircraft is sold as parts, pieces, just a data plate, or whole and flying where does insurance come into play. Crap now I have to worry about not getting insurance on top of passing my medical, unintentionally busting a FAR, or a pop up TFR, and the future loss of 100LL.
Anyone have experience insuring an aircraft purchased as salvage and rebuilt? Any aircraft insurance gurus here?