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Fair insurance spliting



 
 
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Old July 10th 03, 11:36 AM
Dylan Smith
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Default Fair insurance spliting

On 30 Jun 2003 13:40:32 -0700, Michael wrote:
I looked into adding someone as a named pilot on my PA-30. I pay
$2400/yr. The rate with the new person was over $5000 for the same
coverage. Of course you're not going to insure a twin for $1000, but
a friend of mine had a similar situation with a Champ. Adding a named
pilot more than doubled the insurance.


Bizarrely enough, adding a 0-hour student pilot to our Cessna 140 insurance
only resulted in about 25% increase, IIRC. Of course, that could have
something to do with flight instruction hours being statistically
the safest.

I must admit I was very nervous watching him on his 2nd or 3rd solo
though!

--
Dylan Smith, Castletown, Isle of Man
Flying: http://www.dylansmith.net
Frontier Elite Universe: http://www.alioth.net
"Maintain thine airspeed, lest the ground come up and smite thee"

 




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