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  #18  
Old December 6th 17, 02:13 AM posted to rec.aviation.soaring
flgliderpilot[_2_]
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Posts: 51
Default Glider Insurance

On Thursday, November 23, 2017 at 12:46:19 PM UTC-5, LAX wrote:
Is everyone insured by Costello Insurance?
I am purchasing a glider and it comes down to this, the annual premiums I was quoted are approximately equal to the cost of the glider divided by 16.. That is my annual payment. In other words, if I don’t have insurance, every 16 years I could buy a new glider with the money I don’t on insurance.


My 1-26 was insured for $11,000 and my payment was 715.87 via Costello.. probably high because I have low hours.

That was about 6 years ago... (I've since sold the 1-26).