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#11
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![]() $25k of hull insurance? Sure. It's what I carry. A nice Cub can be had for under $30,000. Besides, the instruments will probably survive the crash ![]() My instructor carries $15K. He's even more optimistic about systems surviving than I am. Besides, he reckons that he can risk some of his own money in there. (We don't have a minimum. We are required to be insured, that's all. I think the airport is mostly interested in covering its own deductible; it will let the two insurance companies argue about the details.) all the best -- Dan Ford email: see the Warbird's Forum at www.warbirdforum.com and the Piper Cub Forum at www.pipercubforum.com |
#12
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![]() Cub Driver wrote: A nice Cub can be had for under $30,000. Nice Cub and Under $30K do not go together. Period. |
#14
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![]() "Cub Driver" wrote in message ... $25k of hull insurance? Sure. It's what I carry. A nice Cub can be had for under $30,000. Besides, the instruments will probably survive the crash ![]() My instructor carries $15K. He's even more optimistic about systems surviving than I am. Besides, he reckons that he can risk some of his own money in there. That's not how it works. If he has an accident he will get a check for $15,000 and the insurance company gets the plane. He is out a $30,000 plane and has a check for $15,000. The insurance company how sells the plane for what they can get which might exceed what he had it insured for. |
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