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#11
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On 4-May-2005, "Paul kgyy" wrote: I'm curious how many of you owners do carry smooth limits. We carry $1M smooth liability on our Arrow IV. According to our broker, it adds 2-3 hundred to the premium, but only one or two companies offer it. All three partners have between 850 and 2000 hours and all are instrument rated. Apparently, the IR is a big deal for liability premiums. On the other hand, retractable gear, which raises hull premiums a fair bit, has little impact if any on liability premiums. That's reasonable since gear problems rarely cause serious injuries. -- -Elliott Drucker |
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