Insurance Rates

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Insurance Rates

Postby 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
Mike Smith
Sonex N439M
Scratch built, AeroVee, Dual stick, Tail dragger
http://www.mykitlog.com/mikesmith
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Re: Insurance Rates

Postby Tony4aro » Fri Apr 01, 2022 6:46 am

thanks for the info. I was wondering what my insurance will be. I guess it's about the same as my truck.
Corvair powered Waiex (under construction)
N3848D
W0181
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Location: 5G8


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