View Single Post
  #1  
Old December 12th 03, 07:55 PM
Jay Honeck
external usenet poster
 
Posts: n/a
Default More on High Performance Insurance

I received this from a friend who knows a Diamond Star owner in MA:

"If you can afford the planes you can probably afford the insurance but
AVEMCO wanted $8300 per year for the SR20 and only about $4500 for the DA40.
It seems that low-time pilots have made a mess of many a Cirrus. (I got my
best quotes from www.avemco.com and www.falconinsurance.com. A local agent
in Massachusetts was unable to do better than $9500!) AVEMCO lowered my
rate to $1800 for a second year of DA40 owernship while my friends who own
Cirrus are getting hit with big increases because of all the crashes."

While this is considerably better than the "$15K per year" I was told
earlier, it's still an astounding amount to pay for insurance, IMHO. And it
sounds like Cirrus owners will be looking at some pretty big increases.
:-(
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"