"Wrong. The most expensive plane you'll ever fly is about $1000-the cost of
the insurance deductable."


Well, that's a view, but it's not a very good one in my opinion. [...]

It's also bad economics to think that passing a cost to the insurance
company is getting rid of it altogether: you're in fact passing it to
all the people who carry insurance.

I think the point was that the time to think about the plane only being
worth the deductable is when you have an emergency and have to decide
between risking the plane to save the people, and risking the people to
save a one million dollar plane. At that point, think of it as a one
thousand dollar plane.

Jose
--
Nothing is more powerful than a commercial interest.
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