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RV8 Valuation for Insurance Purposes... Fair Market Value?

Endeavour

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Patron
In recent years there's been a spike in valuations.

Always a hot topic among Owners. I think we are on the light side for Insurance purposes in the event of a total loss.

2012 RV8:

* Flies like a dream, perfectly straight - 600 Hrs
* Aero Sports IO375 - 200Hp - 600 Hrs
* MT 3 Blade Constant Speed - 600 Hrs
* Average Avionics.
* Overall Condition a Conservative 7.5 out of 10 due to normal wear and tear.

Any thought's on valuations, particularly from those who have recently purchased and those who have recently completed their project and know their input costs?

Thank you!
 
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