Hello. I'm a member of a flying club that is in the process of
purchasing a Cessna 337 (Actually a new member is bringing it in with
his membership). The club manager wants to bring in a twin because he
thinks he can easily get 7 or 8 new members specifically for the twin.
But right now, of the dozen or so club members, only the current owner
and myself are multi rated. I'm fairly low time (Commercial Single &
Multi, Instrument, 500 hours total, 20 multi, 40 complex) and the
insurance numbers I got were somewhat shocking. One place I called
wouldn't underwrite twins at all anymore, and one other quoted me
$7400 a year for $80k hull and $500k liability.

Is anyone else here a member of a club with a twin? How do you manage
the insurance costs? Have you found any place that is more reasonable
for your insurance needs?

Needless to say, if each club member who can fly the twin has to pay
an extra $2000 a year just in insurance to fly it (probably flown an
average of 40 hours a year by each twin-qualified member, on average),
it will severely degrade interest in it.

Any ideas, or is this just a non-starter? Of the other potential club
members who would join immediately to use the twin, one has 4000 hours
multi time, one has 2500 total time (but only 15 multi) and another
has 600 hours total, and 15 multi. I'd appreciate any suggestions.

Thanks,

Cap