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#18
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We had a discussion on insurance when I first joined here about a year and a half ago, with the same issues of people having a hard time getting insurance. I am glad I didnt go through that or I would have given up. I had no problem getting insurance from the first person I talked to.
When I got my 337 spring of 2019 I had 1200 hrs TT ALL of which was in 150's and 172s. I am 54 and do have my instrument rating. I sold my 172 and bought a 337 with zero multi time, zero high performance time and zero retract time. You would think I would be the guy that would never get insurance. But that was not the case. See my COI attached. I had my instructor listed as a named pilot and the insurance company called the shots on the experience requirements. The training time took care of all that. So by the time I passed my check ride, I was able to fly her home. My insurance cost for the first year was $2500 with a hull coverage of $45,000 (just a knock around plane, nothing fancy). I did think the rate would go down this year as I flew the plane 120 hours last year, but that was not the case. My renewal costs were the same as the year before. It is a bummer to hear you are having issues. I would not want to have missed flying these planes, I totally love them!! Best of luck! |