PPRuNe Forums - View Single Post - Decisions, decisions: trade the FW for a gyro?
Old 18th Apr 2012, 07:12
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znww5
 
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Caution - insurance excess !

The big downside I found was that, in the UK at least, the insurance excess was £7,500! You have to lodge a £5,000 deposit with the training school and be prepared to cough up another £2,500 if you bend it. Compare that with the £800 excess in my fixed wing flying group, whether ab intio or not.

I would imagine that particular cost must suppress demand for ab initio and 'converters' alike. It could be that the eye watering insurance excess is an inheritance from the previous generation of autogyros, but it fails the 'never pay up front' test for me. Shame, because otherwise I would be very interested.

Last edited by znww5; 18th Apr 2012 at 07:13. Reason: Right letters, wrong order.
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