Lowrider From United States of America, joined Jun 2004, 3220 posts, RR: 10
Reply 2, posted (5 years 8 months 1 week 2 days 16 hours ago) and read 18391 times:
Quoting DrEsteban (Thread starter): 2) Which type of insurances are needed for commercial operation (Part 121 vs Part 135) and what would be the approx cost?
The Caravan is not suitable for a 121 operation. As for Part 135, you will have to have, at a minimum, liability insurance. If you lease the bank will probably not allow you to self insure the hull. Cost is going to vary widely depending on where and what sort of operation you are engaged in, how many seats you have installed, and who is flying the plane. I am assuming you are planning to fly the aircraft at least part of the time. Do you have any formal training on it? If not the insurance company may require you to attend a course.