RKittine wrote:Our premium (for three named pilots) on straight floats equated to 2.3 percent of the hull value insured. That was with "Stated Value" insurance and as you might remember Glenn, that was a frame up rebuild with a Zero Time Don's Dream Machine C-85-12 / 0-200 engine, new prop, brand new interior, starter, battery, VGs Vertical Card Compass, rebuilt 92-1400 Floats, Becker TSOed Minature Nav/Com, Becker Minature Transponder, New Fabric and Paint, plus intercom etc. I thought it was a bargain.
I am sure that Liability, most important to me and Don, was a big chunk of the cost. Stated Value is also more expensive as you get that amount if the plane is totaled and no arguing over market value, current value etc.
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