Leasing private C150
Moderators: North Shore, sky's the limit, sepia, Sulako, lilfssister, I WAS Birddog
Re: Leasing private C150
$2k/yr was for a C172. The insurance knew all about the rental hence why the premium was $2k instead of $1k. It's still not commercial insurance.
Re: Leasing private C150
It's not commercial in the TC definition, but if you're making a profit then it is commercial in the legal sense. The insurance company is just concerned about risk, and making a profit is just one factor that might result in you being a higher risk. Renting it out to a lot of low-time pilots is another risk.Bede wrote:$2k/yr was for a C172. The insurance knew all about the rental hence why the premium was $2k instead of $1k. It's still not commercial insurance.
