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#15
July 10th 05, 04:15 AM
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Mike Rapoport wrote: 5) Insurance for the typical owner/operator will probably be $20-30,000. Which is cheap. I know two guys. One just sold his Citation. The insurance bill was $95K per year. He also owns a Caravan on amphibs. The tab for insurance on that one is $35K per year. The other guy owns a Caravan on wheels. The tab for that insurance bill is $20K. He skipped the hull insurance and just keeps liability for hardly anything. Relatively speaking. 
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