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24th June 2005 | 22:21

#3 (permalink)

Speedtape

Joined: Aug 1998

Posts: 95

Likes: 0

From: UK

It's just an indication of the minimum amount of cover required. You'll get a more accurate price from a broker

All the same it's useful as a yardstick for comparing the relative costs for insuring various types eg C172 and Pa28 or AA5 for instance.