pilot liability insurance (for low time PICs)

[Reely340]

Originally Posted by Hughes500

What a load of rollocks.
I insure my Hughes 500's for anyone to fly as long as they have a rating. this is around £ 13500 a year on a hull value of £450k with betterment bought out and xs down to £1000 and for just me a TRE with 7500 hours is about £ £9500 so a difference of about £ 4000. You are telling me a school can't afford this ???????

Interesting! Deducting from your currency you are british e.g. under EASA regulations.
Personally I think said 206 doesn't get much airtime, hence the insurance rate would have to be spread over few hours.
One of those hen and egg problems I guess: at the current rate of 900€/h annual revenue would turn negative if newbies like me would fly it and the school would cover the raised rate.
But I'm talking about things I don't know for sure, maybe our CEO just doesn't want to sue his underfundend newbie clientele after finding some tell tale spots on the MGB turn black or something..