Insuring a Columbia 400 & weekend only insurance

Justin Gombos wrote:
On 2007-07-04, Matt Barrow wrote:

In the context of the original post (boy, has this group got the
tendancy to go off on tangents!) it was a pilot flying VERY FEW
hours each month in an aircraft that goes over a half-million $$$,
complaining about the cost of insurance. He never did come back with
the numbers for the "comparable" aircraft price quotes. He also
didn't answer whether he had an IR (that make a HUGH difference),
nor how much TT he had.

I have 200 hours. Unless there is some underdog insurance provider
who is keen to the market of infrequent pilots, and willing to take
half the risk for 3/4ths of the premium, the daily cost of owning a
Columbia will probably be unreasonable.

There is a much easier way to reduce the insurance company's risk. Reduce
the dollar amount that they are insuraning. Of course if you have the
aircraft financed you must be insureed for the at least the finaced amount.
But if that is the case the finance company wouldn't go along with your idea
for weekend only coverage anyway. You do know that aircraft can be damaged
or destroyed while sitting in the hanger, don't you? If not I have some
photos at the house of a Citation that was broken in half when the roof of
the hanger collapsed.




I'm trying to find out what all my options are. Renting makes the
most sense, but schools are reluctant to let their trainers go for a
weekend. I know of a couple that will, but availability is not quite
acceptible. There's a local flight club, but there are ~35 members
sharing 1 AC, and the cost is ~$85/mo. + the hourly, and I suspect the
availability is unacceptible under those circumstances.

Who is renting Columbia 400 as trainers?

If availability is you number one concern then buying or better yet finding
a partner that needs the plane to fly for business (they'll use it mostly
during the week) is the way to go.


I have yet to compare renters insurance to owners insurance. If it's
correct that pilot experience and credentials are the primary factor,
then I'm expecting renters to be comparable to owners.

On 2007-07-11, Gig 601XL Builder wrDOTgiaconaATsuddenlink.net wrote:

You do know that aircraft can be damaged or destroyed while sitting
in the hanger, don't you? If not I have some photos at the house of
a Citation that was broken in half when the roof of the hanger
collapsed.

If a weekend policy were offered, I would expect to get continuous
coverage on hanger/tie down incidents; similar to what some insurance
companies offer to bikers who winterize their bikes for part of the
policy year.

I'm trying to find out what all my options are. Renting makes the
most sense, but schools are reluctant to let their trainers go for
a weekend.

Who is renting Columbia 400 as trainers?

No one that I know of.. but I would like to find someone doing that.
I did not mean to imply that the Columbia 400 is the only plane I'm
considering. The rental market has substantially fewer options than
the ownership market, so I would have to constrain myself to whatever
AC is available.

If availability is you number one concern then buying or better yet
finding a partner that needs the plane to fly for business (they'll
use it mostly during the week) is the way to go.

Good idea. So far this seems like the most practical option.

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