On Tue, 5 Feb 2008 08:23:50 -0800 (PST), "Robert M. Gary"
wrote:

On Feb 5, 7:36*am, Jkgoblue wrote:
In the course of researching one day buying an aircraft, insurance is
a big factor. I happened upon Austin Meyer's X-Plane site where in his
adventure page, he talks about the value of buying hull insurance.

http://www.x-plane.com/adventures/37%20Follow_Up.html

He makes a good point.

Just wondering how many people carry hull insurance on Cirrus's or
Columbia's, where the premiums are so high, or on any plane for that
matter. If you've been flying for years without a mishap, was it worth
the cost?

I would be surprised if there are any Cirrus's without hull insurance.
I've known a few guys with Aeronca's of J-3's in the past that did
not carry insurance but even in those planes (under $15,000 at the
time) they were considered odd balls. I would never consider not
having insurance on my Mooney.
I had a claim last year. I was parked in front of my hotel room in
Mexico and some guy backed his truck into my aileron. My good piloting
skills didn't help me as I watched him back into the plane from my
hotel room.

Anything that has a loan out on it will require hull insurance to
minimally cover the amount of the note.