New here! I currently fly a 1989 piper Dakota valued at 155K I have 500 hours and instrument rated I'm a 50 yr old Dentist clean as a whistle record. I'm doing my homework on the purchase of a 2008-09 Mooney Acclaim. I called my insurance I currently pay $1,100 yr for insurance and just got a quote for $11,000 a yr for an acclaim. I asked if I heard that right. They said there's been a lot of gear up landings with the mooney's lately. Planes with retractable gear has sky rocketed. I'm getting a second quote but just had to put this question out on the forum. Has everyone being seeing a serge in insurance with retractable or did i just get a gal that's retiring on my hobby. Appreciate the help.
Danny