Larry Ragan wrote: > > I do have several questions/observations in no particular order. > 1) I followed Lynn's progress around the country over the last month. I'm > confused, however about how he was able to fit 3 people and baggage > into a 'Coupe.
It was Lynn plus his ten year old grandson. > 2) Concerning the insurance issue. I talked to Avemco, and was told > that to insure me (Pvt,VFR,SEL,<100 hrs) it would cost in the range of > $1100. Seemed a little steep to me, but I have nothing to compare > it to. Liability-only coverage seems to run $300-400. The question is whether you want per-seat coverage or a "single limit." Also, the amount of coverage can range from $100K per seat to $2M single limit. Talk of "full coverage" you have seen on this reflector is a meaningless term, just as it would be for auto or homeowner insurance. Cost also varies year-to-year, depending on industry losses and who is in the market. The remainder of the coverage is for the hull and varies with the amount of hull value, in motion and moving deductibles, and the insurance company. Just like autos and houses, you have to insure the real value or you will only get a proportion back in the event of a claim. Because it is such a small market, purchasing aircraft insurance has some strange characteristics. My advice would be to go with a large agency that has some leverage over insurance companies and sells almost all brands. I've used (what is now) AOPA Agency and have been treated very well. My cost seems to fall right in the middle to the low end of what others have claimed to pay, for like coverage. $1100 is high, but I believe Avemco to be a high-end company - I never used them because they were so expensive. Your cost will go down a little as you get more experience (and ratings). They can't really quote you now because you don't know what your hull coverage will be, but if you insure the hull, you will probably pay $650 to $1000, depending on all the variables mentioned above. David N6359V __________________________________________________________________________ ______ To unsubscribe from this list please send mailto:[EMAIL PROTECTED] ___________________________________________________________ T O P I C A The Email You Want. http://www.topica.com/t/16 Newsletters, Tips and Discussions on Your Favorite Topics
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