Insuring a Columbia 400 & weekend only insurance

Ouch. Let's use Matt's number and think about insurance rates. There
are 800 hulls in the field, introduced 4 years ago. So say on average
400 hulls over 4 years.

Three crashed. So 4 years of premiums for 400 hulls has got to cover
everything, including the payout for the three crashes. I'm sure it
was more, but if you say each payout was a million dollars, 3 millions
would have to be spread over 1600 policy years That's almost $2000
each, right there.

I made lots of assumptions, of course. Make your own, and see what you
get.

Tina
On Jul 2, 10:08 pm, Justin Gombos
wrote:
Question for insurance experts -

Insurance for the Columbia 400 is absurdly high compared to other
similar aircraft, presumably because the premiums are loaded due to
lack of significant statistics. Any idea how long potential Columbia
buyers can expect to wait for the premium to stabilize?

Can anyone recommend an insurance provider who would be willing to
discount infrequent flying, like someone who would only need to carry
insurance Friday, Saturday, and Sunday?

--
PM instructions: Caesar cipher the alpha characters in my address
using +3 as the key.