Ben Jackson wrote:

The club paying for insurance is huge. Commercial insurance can easily
cost 3-4x the personal/business policy. That's also what makes it
impractical to let your airplane be used a "little" for instruction.
The insurance is so high you need a year's worth of solid revenues to
offset it.

When you say "club paying" you have to realize it is the end users that
ultimately pay the price. The cost of insurance has to be passed on to the end
users in some way, either in the hourly rate or in the monthly price of access
to the aircraft. I think it makes more sense to price it in the monthly rate, in
this case, club dues.