Thread: Insurance costs
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  #30  
Unread 09-15-04, 05:48 PM
LeeChris LeeChris is offline
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Join Date: Jul 2004
Location: MT
Posts: 12
LeeChris is an unknown quantity at this point
I recently purchased a pressurized 1973 T337G. Fortunately I had already checked insurance costs or I would have been unpleasantly surprised. I am a 600 hr Instrument pilot with most of time in a high performance retractable, but a new twin pilot, and no time in the 337. I was paying only $2300 for insurance in my Mooney with $170K hull value, 110K sublimits, 1M total. For the pressurized Skymaster, I am paying nearly $6,000 for the same hull value and insurance limits.
A number of carriers would not even quote me in the P Skymaster.
The best quote came from Sky Smith who was also very helpful in sheparding me through the process of finding the required school and instructor.
I purchased the Skymaster for the "safety" of the second engine in IMC over mountains, a common occurrence here in NW Montana. I have owned the airplane for 3 months, and have yet to fly it due to the extensive work done on the plane. I should be flying it tomorrow (fingers crossed).
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