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Old January 18th 15, 10:48 PM posted to rec.aviation.soaring
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Default Any insurance plans for high-deductible, low premiums?

On Sunday, January 18, 2015 at 5:09:59 PM UTC-5, wrote:
Sure you've heard of it, just insure it for $3000 less than it's value. Insurance for our ships is purely based on value insured. Each $1K of value cost $x in premium. I'm carrying a $20K deductible on mine, and $5K deductible on the trailer. I figure if the ship is damaged that much, likely so am I. Try L.L. Johns and associates John Gostinger if you don't have a firm you like. I've had very good experience with them since 2008.
~Barny


Under insuring is the best way I know to end up with your repairable glider as a total insurance loss.
It is false economy.
UH