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Old 5th Aug 2018, 12:30
  #33 (permalink)  
WingNut60
 
Join Date: Dec 2010
Location: Perth, WESTERN AUSTRALIA
Age: 71
Posts: 889
Received 19 Likes on 12 Posts
Insurance is all about risk, not perceptions.
And risk is about probability and consequence.

While the consequences (cost) of loss of a single pilot aircraft may increase sharply, at least in the short term, provided the probability does not increase then there is little that I can see to support sky-rocketing insurance rates.
If experience showed that, with time, the overall risk was to decline then, in a perfect world, the insurance rates should reduce also.
Though I wouldn't bank on that happening.

If the probability was to increase then they'd have more to worry about than just paying their insurance premiums.
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