current small aircraft market????

"Matt Barrow" wrote in message
...

"Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message
...
Matt Whiting wrote:
Ken Reed wrote:
NJAS3068 1966 CESSNA 210F
Insured Value $70,000
Premium for Aircraft NJAS3068 is $3,785.00

That's a major reason I didn't buy a turbo 210 I looked at a few
years ago. Insurance on any 210 was outrageous, according to my
broker. I'm paying less of a yearly premium than quoted above, have
1MM smooth, an airframe that's 25 years newer and a hull value
almost four times that quoted above. This for my Mooney Bravo.


Any idea of why the difference is so dramatic? I thought the 210 had
a decent accident rate.

I'll probably end up with a 182 again as that way I have the required
50 hours in type.


Matt

6 vs 4 seats at least on the later models.
When was the 210 a four-seater?

The first four model years were 4 seats, then the kiddie seats came as an
option I believe in 1964.

On May 20, 8:48 pm, Matt Whiting wrote:
Ken Reed wrote:
NJAS3068 1966 CESSNA 210F
Insured Value $70,000
Premium for Aircraft NJAS3068 is $3,785.00

That's a major reason I didn't buy a turbo 210 I looked at a few years
ago. Insurance on any 210 was outrageous, according to my broker. I'm
paying less of a yearly premium than quoted above, have 1MM smooth, an
airframe that's 25 years newer and a hull value almost four times that
quoted above. This for my Mooney Bravo.

Any idea of why the difference is so dramatic? I thought the 210 had a
decent accident rate.

I'll probably end up with a 182 again as that way I have the required 50
hours in type.

Matt


Generally the losses insurance companies see in Cessna 210 involve
landing gear failures, gear up landings, losing control on landing or
over-running the end of the runway. These losses themselves aren't so
bad, but the cost to repair a Cessna 210 is going up rapidly every
year.

$3785 annual premium for a Cessna 210 for a low-time pilot doesn't
seem out of line. If you can get through the first year without a
loss and fly a lot, your premium would go down substantially the next
year.

On May 20, 7:55 pm, Newps wrote:

That's a terrible quote. When I bought my Bo in the summer of 05 I had
zero retract time. About 1100 hours total, almost all in my 182. Hull
value $90K. Premium was $2800 for the same limits as you except the
medical payments are either $3K or $5K, I forget. Last year the premium
was $2300. This year I expect it will be less then $2K especially since
I won't forget to ask to have it insured for four seats only this time.- Hide quoted text -


You can usually get a policy with the $100K sublimits if you have no
time in type, but forget smooth coverage. Even when I bought my
lowly Cherokee over a decade ago, I had to go the first year with the
$100K sublimit because I had no time in type. After the first year,
all of the companies except Avemco would quote a smooth policy.
Avemco doesn't do smooth.

By the way Newps, I think you got a great deal on your policy. Most
low-rectract time pilots usually take it in the shorts on their first
retract policy.

Last year at a backcountry strip, I met a guy selling a pristine '61
210 with a new engine and interior for just under $60K. He said he'd
had it on the market for 6 months, but none of the interested buyers
could get a reasonable insurance rate, so he had to keep lowering the
price. I think there's something that insurance companies don't like
about the 210 / Newbie retract pilot combo.

John Galban======N4BQ (PA28-180)

John Galban wrote:
On May 20, 7:55 pm, Newps wrote:

That's a terrible quote. When I bought my Bo in the summer of 05 I had
zero retract time. About 1100 hours total, almost all in my 182. Hull
value $90K. Premium was $2800 for the same limits as you except the
medical payments are either $3K or $5K, I forget. Last year the premium
was $2300. This year I expect it will be less then $2K especially since
I won't forget to ask to have it insured for four seats only this time.- Hide quoted text -



By the way Newps, I think you got a great deal on your policy. Most
low-rectract time pilots usually take it in the shorts on their first
retract policy.

And I am insured with Avemco. When I shopped around I got a slightly
lower quote with the company I had with the 182, Global. They were
about $100 cheaper but wanted 25 hours with an instructor. I told him
he was nuts and went with Avemco who only wanted 10 hours.



Last year at a backcountry strip, I met a guy selling a pristine '61
210 with a new engine and interior for just under $60K.


Struts, gear doors and an IO-470. What the hells the point?


He said he'd
had it on the market for 6 months, but none of the interested buyers
could get a reasonable insurance rate, so he had to keep lowering the
price. I think there's something that insurance companies don't like
about the 210 / Newbie retract pilot combo.

I have a friend with a Turbine P210. Same deal with those, you can't
give them away. You going to make Schafer third weekend in July?

Gig 601XL Builder wrote:
Matt Whiting wrote:
Ken Reed wrote:
NJAS3068 1966 CESSNA 210F
Insured Value $70,000
Premium for Aircraft NJAS3068 is $3,785.00
That's a major reason I didn't buy a turbo 210 I looked at a few
years ago. Insurance on any 210 was outrageous, according to my
broker. I'm paying less of a yearly premium than quoted above, have
1MM smooth, an airframe that's 25 years newer and a hull value
almost four times that quoted above. This for my Mooney Bravo.

Any idea of why the difference is so dramatic? I thought the 210 had
a decent accident rate.

I'll probably end up with a 182 again as that way I have the required
50 hours in type.


Matt

6 vs 4 seats at least on the later models.



Ah, yes, I forgot that Mooney is a 4 seater.

Matt

Newps wrote:
You going to make Schafer third weekend in July?

It's looking like I will make it this year. I'll probably arrive on Sat.
morning.

John Galban=====N4BQ (PA28-180)

--
Message posted via AviationKB.com
http://www.aviationkb.com/Uwe/Forums...ation/200705/1

That's a major reason I didn't buy a turbo 210 I looked at a few years
ago. Insurance on any 210 was outrageous, according to my broker. I'm
paying less of a yearly premium than quoted above, have 1MM smooth, an
airframe that's 25 years newer and a hull value almost four times that
quoted above. This for my Mooney Bravo.

Any idea of why the difference is so dramatic? I thought the 210 had a
decent accident rate.

My broker just calls it a 'high loss rate.'

--
Ken Reed
M20M, N9124X

flynrider via AviationKB.com wrote:

Newps wrote:

You going to make Schafer third weekend in July?


It's looking like I will make it this year. I'll probably arrive on Sat.
morning.



Good, look for the yellow and white V tail and stop by and say hi. We
always arrive Thursday morning as then we get a full day with the place
to ourselves.

Still another factor is the emergence of used Cirrus and Diamond
models, moving down into the $200K range. This is depressing prices
for high end retractables made in the period 1975-1995, and this in
turn pushes everything else down.

"Paul kgyy" wrote:

Still another factor is the emergence of used Cirrus and Diamond
models, moving down into the $200K range. This is depressing prices
for high end retractables made in the period 1975-1995

Doesn't appear to be hurting the prices of the aircraft I'm interested in --
late '80s model Bonanza A36s.

Good ones are hanging right around $240-300K, where the've been for quite a
while.

--
Dan
? at BFM