And the worst part - is after you pay for 15-17 years - then you get an accident, they will figure a way to NOT pay you your declared value (even though your policy clearly states XYZ!).
It is 100% gambling - and the number 1 rule of gambling is the house ALWAYS comes out ahead! (and strangely, gambling is illegal in most states - but someone in the govt are getting rich off this so it does not apply (and for cars it is REQUIRED to gamble!)...) M. On 8/17/2023 2:34 PM, Stef den Boer via KRnet wrote: > I just get my quote for my KR2S (PH-TDB) with 30.000 euro full cover. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ If nothing changes that's 5% per year premium cost verses Value insured. You're betting you'll destroy the airplane over the course of 20 years and they are betting you're not. I hope they win. It wouldn't surprise me if my full coverage on my 16 year old Buick wouldn't show similar percentages. How many times have I paid for that car over the 14 years I've owned it? Larry Flesner
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