???????? lml@lancaironline.net ????? #66732
???: PETER WILLIAMS <peterpawaviation@hotmail.com>
???: <marv@lancaironline.net>
??: INSURANCE COMPANIES ARE CRAZY
??: Sun, 01 Sep 2013 20:31:59 -0400
??: <lml@lancaironline.net>
Hi there

I presently have three airplanes insured

1. Lancair 4P.  Liability only. .   $1m.  100k/seat.            $3,134
2. Lancair  4.   Liability only..   $1m.  100k/seat.               $586
3. Cessna 340. Liability & $160k hull.                             $3,140

There is a reason that  the Lancair is expensive to insure

      THE LOUSY SAFTY RECORD AND LOSS HISTORY

          I wish that Lancairs required a type rating.  Then our insurance cost would go down and the safety record would go up.
     AND, the value of our airplanes would go up.

The odd anomaly is that the pressurized Lancair is perceptively different than the straight Lancair 4

I gave up hull insurance on the 4P because they wanted a higher premium than last year when I had no experience in type.
The seemed indifferent that I have 120 hours in type in eleven months. ( $10,400 for hull alone seems crazy)

Peter
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