Cub Driver wrote in message . ..
I recently had to kick up the hull insurance on my renter's policy
from $25K to $40K. The airport rents a pair of weary old 172s and two
nice J-3/L-4 Cubs. In the five years I've had my license, Cubs have
gone from the low 20s to the high 30s. I assume a Champ would be less,
but so much depends on condition. I've read so much stuff about the
horrors entailed in buying a 60-year-old plane that I would feel safe
only if a) I was buying a project for rebuild or b) I was buying it
new. (You can buy a Champ new, I believe.)
It still seems strange to me that they have you buy the full hull
value insurance since the owner's insurance also covers the hull. It
would take some serious subrogation to come after you for the full
hull value. The owner's hull insurance covers a lot of things that
your renters policy does not.
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