by mike.smith » Wed Mar 30, 2022 4:41 pm
I know insurance rates have been going up, and sizeably, for a lot of people. Mine actually went down last year, and this year they quoted me only $22 more than last year! There doesn't seem to be a lot of reason why some go up and some don't. Based on hull values rising, I actually increased my hull value from $35K to $40K, with a premium increase of only $68.
Global Aerospace
Value: $40,000 Premium: $755
Ded $0/0
Liability: $1,000,000 limited to $100,000 per passenger Premium: $113
Medical Payments: $10,000
Total Annual Premium: $868