Will getting insurance and a rental for a C172, for example, be problematic for me with a sport pilot license? Is this likely to cause me a serious headache or not? If I'm going to drop $15k on a sports pilot's license, I want to be able to actually rent out aircraft and fly them (preferably C172). Is there a way to get a quota on insurance? I'm new and don't know where to start to research this….
Avemco will give you a quote for renter’s insurance with a student pilot’s license or a sport pilot license.
From a non-owned (renter’s) perspective, any policy will require you to have the appropriate certificate for the operation being conducted. Since insurers deal in reality and not what the future may become, you could not operate a C-172 today with a sport pilot license.
If we look at history, most all underwriters immediately adjusted their policies to allow operations using BasicMed when that rule became effective. There’s no reason to expect some, if not all underwriters won’t do the same if MOSIAC ever becomes final.
As to going to Alaska the hard way, I don’t know whether someone with a sport pilot certificate could realistically do that because I don’t hold the certificate and am not motivated to do the research.
I will say if you want to fly without having to get an FAA medical at least once, then Sport Pilot is your option today. If that’s not acceptable to you, then you’ll need to wait until the rule is final.
Everything about the what fors in a regulatory environment that does not exist is simply mental gymnastics.
When it comes to MOSAIC, those gymnastics are olympic level as everybody wants it to be their version of a self-licking ice cream cone.