At 12:52 PM 2/8/2017, you wrote:
Keep shopping around. I have insured mine with 3 different underwriters over the years, for $17000 hull value, and paid between $900 & $1400 a year total for hull and liability.
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Ask your underwriter what they will pay if the aircraft is "totaled". I read years ago that they pay based on aircraft value, not on the insured amount. Given that, I don't recall ever seeing a KR sell for $17,000, even the very nice ones with 0-200 engines. A nice KR with a VW engine, if you can find a buyer, is probably in the $10,000 to $12,000 range. You may be over insuring and paying more than necessary. I insure for liability only for $325 per year, given my commercial license, 1500+ total time, and 600+ tail wheel time.
Given my age, 72, and the 13 years I took to build my KR, if I total mine I could have another one flying by age 85. :-) Live to you comfort level..........
Larry Flesner
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