I am next in line to get a hangar at our local airport (KFNL). They won't lease it to me without liability insurance. OK. So, I went to my agent and gave her the example policy the City will accept (excerpt attached). After 5 weeks she came back with a quote: $850/yr
This is not hull insurance, mind you. Just liability for the hangar.
Questions: 1) Is this what I should have expected?
2) Anybody else experience this?
3) Anybody have a recommendation for an underwriter that might be significantly more reasonable?
Any suggestions appreciated. BTW, did I mention that hangar space around these parts is hard to come by.
This is not hull insurance, mind you. Just liability for the hangar.
Questions: 1) Is this what I should have expected?
2) Anybody else experience this?
3) Anybody have a recommendation for an underwriter that might be significantly more reasonable?
Any suggestions appreciated. BTW, did I mention that hangar space around these parts is hard to come by.