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| | Joined: Dec 2003 Posts: 7,197 Likes: 2 Member/5000+posts! | | Member/5000+posts! Joined: Dec 2003 Posts: 7,197 Likes: 2 | An aquaintance of mine is paying $20K+ annually for the insurance on his new 4 place helicopter.
It's all relative.
Dan
Civilization is the limitless multiplication of unnecessary necessities. (Mark Twain)
| | | | | Joined: Mar 2004 Posts: 15,894 Likes: 997 Member/15,000 posts | | Member/15,000 posts Joined: Mar 2004 Posts: 15,894 Likes: 997 | While you're checking on taxes, might as well check and see how much your insurance will be.
I bet the rate for a kit built is up there !!
Ron Stewart N5282B KSFZ ![[Linked Image from visitedstatesmap.com]](https://www.visitedstatesmap.com/image/CTILINIAMEMANHNJNYOHPARIVTWVsm.jpg) | | | | | Joined: Oct 2004 Posts: 1,497 Member/1000+posts | | Member/1000+posts Joined: Oct 2004 Posts: 1,497 | When I looked into it, the insurance agent said that kit builders don't usually buy as much hull coverage because they will fix any damage themselves.
Wow, some states have crazy tax rates! I almost feel bad about complaining that MA wants $100.00 per year to register my plane in their state. | | | | | Joined: Jun 2007 Posts: 119 Member/100+posts | | Member/100+posts Joined: Jun 2007 Posts: 119 | Taxes, Insurance, the PLANE, maintenance....a Hanger!!! This is why I'm getting a 150 rather than a 172. I really don't know what its going to cost for the first year. I am just assuming its going to be around $600 a month.
I don't know why I think I'll be building a kit plane any time soon...Seems foolish to even think about it, with what I just admitted.
Lots too learn.
-corey | | | | | Joined: Mar 2004 Posts: 15,894 Likes: 997 Member/15,000 posts | | Member/15,000 posts Joined: Mar 2004 Posts: 15,894 Likes: 997 |
Wow, some states have crazy tax rates! I almost feel bad about complaining that MA wants $100.00 per year to register my plane in their state.
That's one reason I keep mine in RI. $30/ year.
Ron Stewart N5282B KSFZ | | | | | Joined: Mar 2007 Posts: 2,089 Likes: 5 Member/1500+posts | | Member/1500+posts Joined: Mar 2007 Posts: 2,089 Likes: 5 | For just shy of $30k hull value insured, my policy without my pilot's license was in the $700 range. Closer to Hung's mentioned premium once license was obtained, and even lower once you acquire more type hours, attend WINGS programs, etc... I used AOPA Insurance Agancy who got me a policy through Global Aerospace. Tail draggers and RG light airplanes will REALLY getcha on insurance.
Matt Willett <><> Ex-Owner/Operator of the Spring Chicken N5095L
| | | | | Joined: Jun 2004 Posts: 35,577 Likes: 565 DA POOBS Member with 30,000+ posts!! | | DA POOBS Member with 30,000+ posts!! Joined: Jun 2004 Posts: 35,577 Likes: 565 | Hey -
The 150-152.
Best deal goin' ANYWHERE.
![[Linked Image from animatedimages.org]](https://www.animatedimages.org/data/media/218/animated-penguin-image-0137.gif) [ animatedimages.org] ![[Linked Image from visitedstatesmap.com]](https://visitedstatesmap.com/image/ALARILINIAKSKYLAMDMIMNMSMONJOHOKPATNTXWVWI4387262092be694508e4e9f014001607468590med.jpg) Imagine a united world.
Join the Popular Front for the Reunification of Gondwanaland. | | | | | Joined: Oct 2004 Posts: 1,497 Member/1000+posts | | Member/1000+posts Joined: Oct 2004 Posts: 1,497 | Hung - Just finishing up a Savannah with a friend now... Great light sport aircraft... Taxes shouldn't be too bad on it.... http://www.skykits.com/Dave I like it! It is like an improved CH-701 in a quick build kit. | | |
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