We all know that there are no "good deals" in insurance. IF a rate sounds low and seems like a good deal, it is because the risk is low, NOT because the insurance folks are nice guys. I bought my 150 3 years ago with less than 200 hrs flying time and two hours in type. Insured through AOPA for $21,500 hull, my purchase price. Cost was $756.00 / year. I just renewed, now with just over 500 hrs time and 350 in type, for $387.00 / year. Seems realy low to me, but that just means the risk of a high payout for the insurance company is low, which IS a good thing.
BTW I use this info to prove to non-pilots that flying MUST be (statistically) very safe. If it wasn't, then the insurance rates would be much higher.
Charlie R.
PS My insurance through AOPA is $100.00 deductible, covers both in motion and not, and includes dirt strip use.
