I'm curious. I read over a couple of the insurance coverage policies which were posted and have a question about the hull coverage.
Suppose I buy a 1977 150, fairly basic radio(s) and the hull is insured for $24,000.00. Now, I decide to buy a Garmin 430 or 530 and have it installed. Can the hull coverage be increased another $10-12,000.00 for this fine radio/gps or does this fall into a separate option category?
Bengie Phillips
Columbus, GA
I recently ran into a similar situation.
The hull value on my 172 was 50K.
I thought to myself, "50K won't buy another one as nice as this one."
The Vref value was 47K
AIG went to 57.75K without a problem.
To go any higher, they would have required supporting documentation.
