dsb137
Filing Flight Plan
Other than 'as much as you can afford' is there a rule of thumb for what is apropriate? I haven't flown since 2002 and forunately haven't had any incidents in the 40 some odd hours I've logged to date, because I've never had any renter's insurance. I don't know why, but it was never mentioned at my previous school, and I never thought to ask. I just assumed (yes I know what that means...) that they wouldn't let me up in the plane if everything wasn't kosher. Now I'm looking to complete my PPL and the CPC that I'm going to fly with handed me a doorstop of a renter's agreement. It clearly states that no insurance is provided for the renter's benefit, and that renter's insurance is highly recomended. The cheapest plane I can rent from them is a 2003 172SP, yet the most renter's insurance I can buy is $150K.
The current AOPA renter's insurance schedule:
Bodily injury and property damage:
$250,000/25,000 $81
500,000/50,000 $109
500,000/100,000 $172
1mil/100,000 $209
Optional coverage for damage to non-owned aircraft:
$5,000 $94
10,000 $166
20,000 $238
30,000 $333
40,000 $428
60,000 $570
80,000 $736
100K $926
150K $1,354
Can you even buy a 2003 172 for $150K?
Thanks for the help,
Dave
The current AOPA renter's insurance schedule:
Bodily injury and property damage:
$250,000/25,000 $81
500,000/50,000 $109
500,000/100,000 $172
1mil/100,000 $209
Optional coverage for damage to non-owned aircraft:
$5,000 $94
10,000 $166
20,000 $238
30,000 $333
40,000 $428
60,000 $570
80,000 $736
100K $926
150K $1,354
Can you even buy a 2003 172 for $150K?
Thanks for the help,
Dave