I wasn't really sure what forum to post this in...it's aviation related but not exactly tech-ops either. Anyway, I'd like to know more about aircraft rental insurance in the U.S.
I've done all my flying so far at the place where I got my private pilot license. Now I'm looking to rent a 172 in my area. I'm a member of the AOPA and they recently put and article in AOPA Pilot magazine about insurance. What I still don't know is whether or not I should get insurance for renting a plane a few times this summer or not.
AOPA Insurance Agency offers coverage so I've been looking at that. To be insured for property damage and personal injury up to $250,000 per occurence and up to $25,000 per passenger, it would cost $125 a year. This coverage is required. An additional but optional choice is coverage for the rental airplane, $125 a year would cover $5,000 worth of damage.
I only plan on flying 3-4 times before September, and then it would be another 7 months until I flew at home again.
I think it is a good idea to have it. Like the last line in the article says, "Like a smoke detector or a life jacket, you hope you never have to use renter's insurance, but most would agree it's a lifesaver when you need it."
Hopefully some of you will have some good advice for me.