More like 10%.

I bought a '79 Lake last summer with only the training hours for seaplane
time. The first year premium was a little less than 10% of the hull value. I
went through AirSure and got a discount by being a LakeFlyers club member. I
expect it to go down this year because of additional hours in type.

There are only six insurance companies that insure float planes. There are
only three that insure Lakes in particular. The SPA has good information on
seaplane insurance.

Email me and I'll be happy to discuss my buying and flying experience in a
Lake.
-------------------------------
Travis


"Severso" wrote in message
...
What is a good rule of thumb for how much hull insurance should cost for a
new
seaplane pilot who buys a mid - 60's LA-4? 4% or more of hull value?
Thanks!

--Marshall S.