wrote in message
ups.com...
Ouch. Let's use Matt's number and think about insurance rates. There
are 800 hulls in the field, introduced 4 years ago. So say on average
400 hulls over 4 years.

Three crashed. So 4 years of premiums for 400 hulls has got to cover
everything, including the payout for the three crashes. I'm sure it
was more, but if you say each payout was a million dollars, 3 millions
would have to be spread over 1600 policy years That's almost $2000
each, right there.

Actually, I made a mistake: one of those three was a COL350, there's a bunch
more of those, plus the 300's, and the insurance would be based, I assume,
over the Columbia line which numbers in the thousands. I'm not sure if the
300/350/400 series is assessed as a single type.

In the Columbia line (seperae from the Lancair kits), from what I can see,
there's not been one accident from loss of control. That's rather
interesting given the Columbia high wing loading.

One thing is that the COL400 prices out at $550-600K so you're insurance
would be higher just from that. Compared to a new A36 or Mooney, their
accident history is much better. I'm not sure how the safety features would
figure in, but the Columbia's have numerous features compared to the A36 and
Mooneys.

I made lots of assumptions, of course. Make your own, and see what you
get.

Tina
On Jul 2, 10:08 pm, Justin Gombos
wrote:
Question for insurance experts -

Insurance for the Columbia 400 is absurdly high compared to other
similar aircraft, presumably because the premiums are loaded due to
lack of significant statistics. Any idea how long potential Columbia
buyers can expect to wait for the premium to stabilize?

Can anyone recommend an insurance provider who would be willing to
discount infrequent flying, like someone who would only need to carry
insurance Friday, Saturday, and Sunday?

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