On 02/05/08 07:36, Jkgoblue wrote:
In the course of researching one day buying an aircraft, insurance is
a big factor. I happened upon Austin Meyer's X-Plane site where in his
adventure page, he talks about the value of buying hull insurance.

http://www.x-plane.com/adventures/37%20Follow_Up.html

He makes a good point.

Just wondering how many people carry hull insurance on Cirrus's or
Columbia's, where the premiums are so high, or on any plane for that
matter. If you've been flying for years without a mishap, was it worth
the cost?

I'm far from an expert on insurance, but in my opinion, that's just the
wrong way to look at it. You don't want to consider the value of the
insurance in the event of never having any problems. Rather, you need
to ask what you will need in the event of an accident.

If you can afford the loss of the airplane yourself, then you may not
need hull coverage. I would guess that most cannot afford to *not* have
it.

Best Regards,

--
Mark Hansen, PP-ASEL, Instrument Airplane, USUA Ultralight Pilot
Cal Aggie Flying Farmers
Sacramento, CA