February 09, 2005Economics > Airplane InsuranceIs insurance for a plane like that really necessary? You're rich, so you'll buy the plane outright (no bank loan). If the plane crashes, you'll be dead anyway. If you do survive a crash, you'll probably be motivated to find a new hobby... Greenspun gives a couple of good reasons why even rich guys like him should have airplane insurance. Posted by lesjonesComments
I didn't insure my last airplane. If it ever crashed, I'd just glue it back together. It looked really cool hanging from the ceiling above my cubicle too. Posted by: jed at February 09, 2005My husband was killed in a private aircraft owned by a friend last summer that was uninsured-we are trying to reach a settlement-I don't want to sue-can anyone tell me what the average coverage should have been? Posted by: Kathy at April 29, 2005Post a comment
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