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Cost of flying
I am new to this newsgroup, and kind of new to flying. (Took lessons
exactly 30 years ago = 53 hours). I am on my second lesson. Question. Trying to figure the cost of airplane ownership. Is insurance mandatory (Oregon resident) or is it strictly to insure MY airplane, if I wish. If mandatory (public liability?) what would some typical costs be for, say, a C172, at my low hours. By the time I am licensed I will probalby have a total of 100 hours, although only the last 50 would be recent. All replies appreciated. Ivan Vegvary Sandy, Oregon |
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Ivan:
Similar experiences here. Re-gained my currency last Feb, after 21 years. I've flown about 60 hrs since then - limited more by availability of a/c than anything else. A 172 will run you in the neighborhood of 800-900 per year for both liability and hull insurance. I don't know about Oregon, but in TX, no insurance is required. You *can* purchase liability only. IIRC, it was around 250 for my experience levels. Basically, you're protecting yourself. If you have the resources to walk away from an a/c, and don't have a loan out on it, you don't need hull insurance. Not wise in my opinion, but its your option. Carl "Ivan Vegvary" wrote in message news I am new to this newsgroup, and kind of new to flying. (Took lessons exactly 30 years ago = 53 hours). I am on my second lesson. Question. Trying to figure the cost of airplane ownership. Is insurance mandatory (Oregon resident) or is it strictly to insure MY airplane, if I wish. If mandatory (public liability?) what would some typical costs be for, say, a C172, at my low hours. By the time I am licensed I will probalby have a total of 100 hours, although only the last 50 would be recent. All replies appreciated. Ivan Vegvary Sandy, Oregon |
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