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You speak the truth. Those who can afford to pay cash for their airplanes are the same guys that can afford to self-insure (and many I know do).
The average guy who has to get a loan is forced to get insurance, so if he can't get it, no airplane for him!
I guess you own yours if it doesn't have insurance on it. I would put it into an LLC or corporation, self insure it, and spend the money you saved on insurance to make the plane safer.
Its odd to me that they won't issue not-in-motion hull coverage. I've know a few pilots who got not-in-motion policies because the plane was going to be down for quite some time. It makes no sense to me.
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