Hi Tom,,
Your agent will probbly laugh when you tell him experimental . With an aircraft certified engine it may be cheeper . I have found insurance generally costs more for experimental aircraft if you canm get it at all . What usually brings the costs down are hours and additional ratings , such as an instument rating . Good luck on finding a kr2 with a 500lb cabin load . Your thinking on the 150 is right on , but you better check the usefull load of that bird as i think you will be over its useful load with full fuel.. KevinAt 02:31 PM 12/22/03 -0900, you wrote: >It's me again, the new wide-eyed, 51 year old kid who wants to >fly. I've been waiting on an insurance quote for a 1968 >midtime Cessna 150. The C150 is my backup plan to the KR. I >just got a quote for a premium of $3100. After I get my >private license, then it ONLY costs an additional $900! Oh, >the good part is: after I get my private license, the premium >does not go down and is not adjusted. > >If this is the rate for a type certificated C150, what is it >going to cost for an experimental aircraft such as a KR? Can >you obtain insurance for an experimental airplane such as a >KR? Since I'm going to finance this myself from my life's >savings, can I just buy liability instead of the full "hull" >insurance. I guess I'm thinking similar to auto insurance. > >I know that flying is not an inexpensive past time, but I keep >hearing about the movement to get the average joe into the >world of flight. What is the industry talking about? Do they >mean the pedal planes that we all wanted to have when we were >youngsters? > >I know you are all laughing your pants off! That's okay. I'm >going to laugh too, just as soon as they disconnect me from >the heart monitor and breathing device. > >I'm sorry for the whine, I just thought my local insurance >company would break the news to me gently. The funny part is, >the broker seemed to think that I was getting the bargain of >the year. Let's all laugh heartily, I am too. > >Merry Christmas, >Thomas Brock > > >_______________________________________________ >see KRnet list details at http://www.krnet.org/instructions.html > >
