Recently, Jose posted:

For example,
if 100 renters' premiums were $1k/year for a $100k hull coverage,
there is no risk.

How is there no risk? 100 renters could total 100 aircraft in one
day. AT $100K apiece they have an exposure of ten million dollars.

It's not =likely= that those 100 renters would crash the same day, but
that's what they base their premiums on - likelyhood.

I'd take those kinds of odds to Las Vegas any and every day of the week.
Such "risk" is negligible, given that those results would represent the
sum total of all complete hull losses for GA over a very long period of
time.

Regards,

Neil