Which ins companies will write a liability-only policy? I was not able to find any takers for my Bonanza, likely because the hull value is too low to make the policy worth writing from the insurer’s POV (speculation from the agent I dealt with).
It has always been my recommendation, and a number of others mechanics recommendation, to select your mechanic before you select and buy your aircraft. By simply having your mechanic perform the prebuy or at least to be involved in the prebuy, you will greatly reduce the chances of major issues on its first annual. Ironically, it is one of the least followed proactive recommendations for a million and half different reasons. A good portion of the major issues associated with private, recreational aircraft ownership can be prevented or the effects reduced by simply more due diligence and education on the owners part.
BWI
Good point. As I noted, that was what the agent said....you're right, it doesn't really make much sense.BWI
How does Hull value impact a liability policy???
Aviation insurance - Wikipedia
en.wikipedia.org
At above links, I only have the first "type", their is nothing about hull value involved.
You might find it hard to even find a tie down. If you really want to own, you may have to have it on tie down for a few years before you can find a hangar close enough to you.