ateamer
En-Route
- Joined
- Dec 19, 2007
- Messages
- 2,982
- Location
- Port St. Lucie, FL
- Display Name
- ateamer
- Home Airfield
- FD88
When I moved here, I was going to rent planes until I found one to buy. I got a checkout in a 172 from a flight school, and then went to get on the scheduleo go fly. They said I needed insurance. No problem, sez I, renter’s insurance. Problem, sez they. I needed full coverage for the hull value. They recommended an aircraft insurance agent tow buildings over. Fancy that.
It looked like 90%+ of their business is foreign Part 141 students - already easy to soak for overpriced cookie cutter training, and just as easy to let them bear the insurance cost. Seems to me the school could spread the cost of insurance across all the students and have it baked into the hourly. With as many students as they have, it wouldn’t be a deal killer - probably along the lines of five bucks an hour, maybe ten.
I’d only gone to three flight schools, two Part 61 and one mixed, for various ratings, and never had to have full coverage.
It looked like 90%+ of their business is foreign Part 141 students - already easy to soak for overpriced cookie cutter training, and just as easy to let them bear the insurance cost. Seems to me the school could spread the cost of insurance across all the students and have it baked into the hourly. With as many students as they have, it wouldn’t be a deal killer - probably along the lines of five bucks an hour, maybe ten.
I’d only gone to three flight schools, two Part 61 and one mixed, for various ratings, and never had to have full coverage.