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Thanks Bill. It's too soon to see if I will be flying it home with my CFI or not. I really, really want to. But realistically a ferry pilot may be the best option considering my work schedule and the weather usually being twitchy until January.

Congrats, Matt! Airplane ownership, while a challenge at times, is amazingly fun. Kudos for taking the plunge.

Matt,

I would like to recommend Aircraft Insurance Agency in Waxahachie, TX. They're a broker, but consistently work to get me the best rates. Not only do they insure my "fleet", but they also now insure my employer.

They use well-known companies, like AIG and Phoenix to name a couple. We're working through a claim right now with them, and they've been fantastic. Others here on this forum are insured with them, and have received similar great service.

You may call Josh Jabour at (972) 227-8690, or via email at josh at airduncan dot com. It's a family owned business, and you can tell Josh that I sent you. It won't get me anything, it might even raise my rates, but at least it won't be a "cold" call.

At any rate, enjoy your new plane. Don't get frustrated by the lack of flying time you'll have during the winter. But, by spring, you will have soloed, and will be soaring above the beautiful PNW, getting ready for your PP checkride!!!

Congratulations again!


I can't recommend him highly enough. Great folks to deal with. They find the great rates, too.

Thanks Gary! (and everyone else!) I was going to ask for opinions. Last night I filled out the online AOPA insurance quote for a hull value of 18k and told it I was a student, and chose the minimums of coverage. It responded with 686/year. I find that REALLY hard to believe... I upped the hull value to 22k and did the maximums just to see what happens, and it said "please call us" LOL

You found it hard to believe because that was too high or too low?

Personally, I find airplane insurance for our birds surprisingly low. I remember, for example, thinking of buying a new Ford Mustang and pricing out insurance. Granted I was in my early 20's at the time but the quote was $5,000/year. For a $14,000 car. The insurance premiums cost more than the loan payments.

So when I asked for an insurance quote on an airplane, I thought it would be outrageous. I mean, gee whiz, if a mere car cost $5k/year, what must an airplane cost?

About 1/10 the price.

So, from my perspective, airplane insurance is really cheap!

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.

Yes it seemed inexpensive to me also.

Glad you guys are keeping the hull value realistic.

I'm insured for 24K (hull) Next year I might even bump that up if I paint or o'haul the engine.

I'm with Phoenix and the premium is $425 a year

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.