Come on Hughes 500 having a view doesn't mean you are a snotty nosed 12 year old with a paper round nor does owning a helicopter/aircraft mean you care to make a business out of aviation!
Insurance companies hate it because there is no data so for them its hard to price the risk. Not only that but you'll have no time on type which is another thing insurance will focus on..
How much have Cotswold had to spend on things that would fall under warranty for G-UIMB since they taken it?