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Old May 21st 07, 05:21 PM posted to rec.aviation.owning
Deadstick
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Posts: 15
Default current small aircraft market????

On May 20, 8:48 pm, Matt Whiting wrote:
Ken Reed wrote:
NJAS3068 1966 CESSNA 210F
Insured Value $70,000
Premium for Aircraft NJAS3068 is $3,785.00


That's a major reason I didn't buy a turbo 210 I looked at a few years
ago. Insurance on any 210 was outrageous, according to my broker. I'm
paying less of a yearly premium than quoted above, have 1MM smooth, an
airframe that's 25 years newer and a hull value almost four times that
quoted above. This for my Mooney Bravo.


Any idea of why the difference is so dramatic? I thought the 210 had a
decent accident rate.

I'll probably end up with a 182 again as that way I have the required 50
hours in type.

Matt



Generally the losses insurance companies see in Cessna 210 involve
landing gear failures, gear up landings, losing control on landing or
over-running the end of the runway. These losses themselves aren't so
bad, but the cost to repair a Cessna 210 is going up rapidly every
year.

$3785 annual premium for a Cessna 210 for a low-time pilot doesn't
seem out of line. If you can get through the first year without a
loss and fly a lot, your premium would go down substantially the next
year.