I believe the 421 I refered to had a hull value of around $275,000. Just a
comparison, we insure our Aztec for $90k hull, 1mil/300k/100k liability and
the premium is around $4500. I've also read about the Cirrus insurance
rates being high. I was lead to believe it was because the Cirrus is a
relatively new design and insurance companies are/were nervous about
composite construction. It would be interesting to know the breakdown of
hull/liability premiums on a new Cirrus.
Jim

wrote in message
oups.com...
I recently talked with an owner of a 421 that had relatively low multi
engine time. He was partnered with another multi pilot. Both are
instrument rated. He told me that the first year's insurance was over
$7000
and that was after a Flight Safety course and 60 hours with high time
421
MEI.

I've read about new Cirrus SR22 owners paying $8000 for their first
year's insurance. That seems incredible to me that a cabin-class
pressurized turbo'd twin like a 421 could cost less to insure than a
fixed-gear single.