On Sat, 13 Dec 2003 01:54:15 GMT, "Viperdoc"
wrote:

Don't forget that a large part of the insurance is for the hull, and that
the rate for liability is relatively constant. You can decrease your premium
by minimizing the amount of hull insurance to the level that you can afford
to lose in case of a mishap.


I was under the impression that if your insured value is too low, it
is in the interest of the insurance company to declare a fixable plane
a total lose, give you the insured value, fix it up and sell it for
market value. The excess liability went from $2500 to $5000, so
everything doubled, not just the hull, and some pilots were unable to
get smooth. Recently a new company entered the Cirrus market which
seems to be lowering the rates.