I've got $35,000 full coverage on my 150/150TD, and $10,000 not-in-motion hull coverage on my 152 project. My rate is just over $1060.00 year.
My taildragger costs $904/yr, and the rest is for the 152 project. In my opinion...not very bad. When I had my 152 (the one that crashed in the flight school), my AOPA insurance only cost $525/yr for $26,500 hull coverage. The reason I had my own private insurance in addition to the flight school's insurance was the deductibles. With the AOPA insurance, the deductible was $100.00. With the flight school's insurance, the deductible was $2,500.00. So, if a hailstorm came through, or, if I dinged it up myself, it only would cost 100 bucks. Without the AOPA coverage, it would have cost 25 times that amount. I figured that even one time would be worth having the AOPA insurance.
That was before I knew about Aircraft Insurance Agency, right here in my own area. I'm insured with AIG through them on both planes. I've been pleased with the rates they've been able to find for me. That tailwheel makes it much more expensive...nearly double over what a nose wheel 150 would be. Such is the price of admission.
When I'm sitting on a river bank, in a field in the middle of nowhere where I've landed my plane, I sip my coffee with a smile. Life is very, very good.
