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Old April 23rd 07, 10:59 PM posted to rec.aviation.homebuilt
Roger (K8RI)
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Posts: 727
Default Sun N Fun '07 Redux

On Sun, 22 Apr 2007 22:55:49 -0400, "Morgans"
wrote:


"Mike Isaksen" wrote

Point of reference: The Diamond rep felt confident that owners yearly
insurance budget shouldn't be more than "$24k to $32k per year depending
on flight experience"


24 to 32 THOUSAND???


It's a jet! :-))
That's also in the range for a TBM 700 and 850 turboprops.
Besides, if the owner can afford over a million dollars for a toy they
can afford 20 or $30 thousand for insurrance.

Did he happen to mention how many hours to get checked out and to make
that insurance company happy? :-)) I'd bet it'll be some where
between 100 and 200 hours for single pilot.


Are you sure?

Wow.

I know I would be WAY over my head, when just the insurance could be more
than HALF of my gross yearly income.

Wow!