From a marketing standpoint, I think the insurance companies'
motivations to offer renters' insurance was a stroke of genius.
Liability and hull for renters costs nearly as much as if you owned.
In the old days before renters insurance, the companies could only make
money from one policy on each aircraft. Now you have what amounts to
multiple people, paying multiple premiums to insure the same aircraft
for the same risk.

To be fair to the companies, the risk (for any given aircraft) goes up
(or at least is less controlled) if there are multiple pilots flying it.
If I own a plane and fly it myself, I can get one rate based on my
experience. But if I let all comers fly it, then the special deal I got
because of my incredibly perfect flying ability shouldn't be expected to
hold. I have no control over what the next dolt will do to my plane,
and neither does the insurance company.

Jose
--
The price of freedom is... well... freedom.
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