Monday, October 28, 2013

How much for small aircraft insurance? and Farmers Insurance Blimp

How much for small aircraft insurance?



Looking into the whole avaiation field and was wondering what kinds of insurance I would need. How much would it be to insure a Saratoga 6XT per year?


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Answer by Berry K
This is very hard to answer, as the premiums depend on a lot of things: how experienced are the owners? Will anyone EXCEPT owners fly the plane? Is the plane hangared or tied down outside? What airport is it based at? How much do you expect to fly it each year?

I can say when I owned my Beechcraft Musketeer with two other guys a while ago, based in Palo Alto, CA, we paid about $ 400 a year for liability insurance, but we didn't fly it much, and that was 10 years ago.


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