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hal-ed wrote:
I’ve recently signed the purchase agreement for a Legacy
kit, and have been looking at the future insurability for
the day when the baby will fly under its own power—a year
or two down the road, I expect.
You are being smart to look at insurance before you buy, however..... No one can tell you what the insurance market will look like 2 years from now. 30 fatal legacy crashes between now and when you are ready to fly and no one will be able to get insurance in a Legacy. Two loss free years due to mandated training and you could be looking at insurance at lower rates than you thought possible today. If you end up taking 5 years to build instead of two, no one can predict what factors will influence rates between now and then, let alone what those rates would be.
Bottom line: Look into it, but do not take what you hear too seriously. Any predictions about the availability of insurance 2 years from now are only as accurate as your ability to predict all relevant events between now and then.
Hamid
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