Mike Rapoport wrote:
5) Insurance for the typical owner/operator will probably be $20-30,000.
Which is cheap. I know two guys. One just sold his Citation. The
insurance bill was $95K per year. He also owns a Caravan on amphibs.
The tab for insurance on that one is $35K per year. The other guy owns
a Caravan on wheels. The tab for that insurance bill is $20K. He
skipped the hull insurance and just keeps liability for hardly anything.
Relatively speaking.
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