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  #1  
Unread 03-11-21, 12:34 PM
edasmus edasmus is offline
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Hi Paul,

To be honest, I'm surprised you received any quote at all for a twin seeing as you have no twin time and relatively low retract time. Couple that with you considering a P-model as well, as I said, I'm shocked someone even quoted you.

It appears today's insurance world is about as challenging as its ever been in my 30 years of airplane ownership which is why I made my previous comment. I purchased my 1973 C337G (no pressure, no turbo, you'd have both of those features) in 2002 with 14 hours of multi engine time (which were the hours acquired to get my conventional multi and ATP ratings). I also had a little more than 1500 hours total time of which half of that was retract time.

To the best of my recollection my first year was about $2500 for $90K hull and a million liability with the $100K per passenger limitation. Over the years and hours, that steadily reduced to a low of about $1900 for the same coverage. About two years ago that all changed and jumped back up to the $2500 annual renewal. My hours now are about 3500 total time with 1400 hours in type and still flying/owning the same Skymaster.

Like yourself, I moved up from a Cherokee 6 (great airplane). As my mechanic warned me back in 2002, THE SKYMASTER IS NOTHING LIKE A CHEROKEE 6 WHEN IT COMES TO MAINTENANCE! He was right.

I do not want to scare you off at all, BUT in my little opinion, you will likely pay 3 times (maybe 4 if not more) to maintain a pressurized Skymaster than a Cherokee 6. I'm sure the opinions will vary widely and if you read my posts over the years on this site, I readily admit I likely pay more than most for maintenance.

Two reasons for this are I do very little maintenance myself other than oil changes etc., and I live in Chicago. I pay a Cessna certified repair station to do all my maintenance and have had the same IA for almost the entire 30 years I have owned airplanes. There is nothing he does not know about Cessna aircraft. I have paid handsomely for it but in return my airplane works. If you posses the skills and tools and are able to do your own maintenance, then your operating costs will reduce significantly. I simply want your expectations to be in line with the step up you are considering. The people on this site love their Skymasters and so do I. I am extremely happy looking back that I still operate mine BUT, they are not cheap.

The best of luck with your search!

Sincerely,

Ed
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  #2  
Unread 03-11-21, 01:22 PM
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cessnadriver cessnadriver is offline
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Question What are you paying for insurance?

PaulRX.
Here's my situation. Three years ago I purchased a 1965 C337. I had a total of 900 hrs TT, With 200 hrs commercial helicopter time. NO Complex, NO twin, 100 hrs. high performance. I was quoted about $2200, no hull. BUT I was only covered while flying with my CFI/MEI and NOT flying solo! Last year I covered the plane with $35,000 hull, new premium is $2500. The agent is Hoxton.com in WV. Also I'm 68 years old and I do my own maintenance.
Hope this helps.
Regards.
Bill Story
Owner, pilot, A&P
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  #3  
Unread 03-11-21, 03:20 PM
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Jerry De Santis Jerry De Santis is offline
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Insurance

Last year I paid $4200 for insurance. I have more than 3400 hours in twins. 2800 hours in my current P337G. I had no incidences and now because I turned 80 years old last December, they require that I have a copilot at all times rated in my aircraft. That is now forcing me to sell my plane. So if anyone is interested in a well maintain plane please contact me. 269-275-6613 or jerrydesantis@hotmail.com. BTW, if I wanted to fly fix gear single engine plane I can get insurance. So for you pilots in the early 70's be aware what the insurance companies are doing.
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  #4  
Unread 03-12-21, 07:33 AM
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patrolpilot patrolpilot is offline
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Quote:
Originally Posted by Jerry De Santis View Post
Last year I paid $4200 for insurance. I have more than 3400 hours in twins. 2800 hours in my current P337G. I had no incidences and now because I turned 80 years old last December, they require that I have a copilot at all times rated in my aircraft. That is now forcing me to sell my plane. So if anyone is interested in a well maintain plane please contact me. 269-275-6613 or jerrydesantis@hotmail.com. BTW, if I wanted to fly fix gear single engine plane I can get insurance. So for you pilots in the early 70's be aware what the insurance companies are doing.
Sorry to hear it, Jerry, same thing is happening around here. I plan on flying mine another 10 years, I will be 77. Might put a 100' pedestal on my property, and set my airplane on top of it. It will be 54 years old at that point.

Anybody flying without insurance?
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