![]() |
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
|
#1
|
|||
|
|||
![]()
One more comment if I may. If this is your first airplane you really
want to either buy into a partnership or make VERY good friends with long time owners. We learned so much in the first couple of years and blew through several thousand dollars in the learning curve. Also, one quick way to justify a partnership is insurance. The cost of insurance for 2 or 3 people is the same as for just one person. The insurance company just charges you the solo rate for the most expensive pilot, no extra charge for pilots. My broker says the 4th pilot does increase the rate though. Beyond 4 is usually a "flying club" rate which can be much higher for high performance aircraft. -Robert |
#2
|
|||
|
|||
![]()
On 9/2/2005 14:22, Robert M. Gary wrote:
One more comment if I may. If this is your first airplane you really want to either buy into a partnership or make VERY good friends with long time owners. We learned so much in the first couple of years and blew through several thousand dollars in the learning curve. This seems like one of the primary advantages... Also, one quick way to justify a partnership is insurance. The cost of insurance for 2 or 3 people is the same as for just one person. The insurance company just charges you the solo rate for the most expensive pilot, no extra charge for pilots. My broker says the 4th pilot does increase the rate though. Beyond 4 is usually a "flying club" rate which can be much higher for high performance aircraft. Understood. I assume the new partner would just pick up the additional premium then - sounds fair to me ;-) -Robert -- Mark Hansen, PP-ASEL, Instrument Student Sacramento, CA |
Thread Tools | |
Display Modes | |
|
|
![]() |
||||
Thread | Thread Starter | Forum | Replies | Last Post |
Boeing Boondoggle | Larry Dighera | Military Aviation | 77 | September 15th 04 02:39 AM |
Homebuilt Aircraft Frequently Asked Questions (FAQ) | Ron Wanttaja | Home Built | 0 | May 1st 04 07:29 PM |
Homebuilt Aircraft Frequently Asked Questions (FAQ) | Ron Wanttaja | Home Built | 0 | April 5th 04 03:04 PM |
USAF = US Amphetamine Fools | RT | Military Aviation | 104 | September 25th 03 03:17 PM |
Homebuilt Aircraft Frequently-Asked Questions (FAQ) | Ron Wanttaja | Home Built | 0 | July 4th 03 04:50 PM |