"misha" wrote in message ...
How many of you would dare to own a new a/c without having a full hull
value coverage?

I hope the discussion is coverage vs. not coverage, and not full value versus
not full value. If you're going to insure it, not insuring it for the full value is a
bad idea.


After being hit with a $15K premium with a $10K deductable

On what value hull or what value aircraft? I'm only paying $1500 and have no
deductable.

After all, my personal
experience with car insurance is that money-wise, it does not make sense
over any 10yr period.

If you're talking collision, I might be inclined to agree. The question is can
you afford the loss. On cars it's common for many to drop the collision (hull)
coverage once the value of the car drops (and the loan is paid off).

If we get out of mentality 'everybody does it, so should I', maybe the
insurance industry will wake up (again) to a sharp drop in revenue and
stop the rip-off. In the meanwhile many of us would save some money.

We saw a steep jump in our premium last year but it dropped back down to
what it's been all the prior years this year.