WANTED: Insurance Share on LSA in Seattle Area

[zdsweet]

Hey everyone,

I recently got my SPL back in December of 2011. I have been looking around for a while for an owner of an LSA in the Seattle area that would be willing to put me on their insurance. The rental rates are insane and I would save a lot of money making one big insurance payment and then just paying for gas.

Any fixed wing LSA will do, preferably North of Auburn and from Arlington south.

Thanks,

Zach

[drseti]

I would save a lot of money making one big insurance payment and then just paying for gas.

Yes, it certainly would save you money, but what owner is going to go for a deal like that? Remember that fuel represents only about 25% of direct operating costs for an LSA. The owner still needs to be compensated for the hourly pro-rata share of oil changes, hangar rent, 100 hour or annual inspections, service bulletins, carb and gearbox overhauls (if Rotax powered), engine TBO, tires, brakes, and airframe wear and tear. I think if you run the numbers for actual cost of operation, you will find it comes pretty close to prevailing rental rates.

[zdsweet]

Yeah, sounds good. I suppose you are right. I have a few places I rent from in Seattle I guess I'll just stick with them. I plan on going to college either in Bellingham or Pullman Washington in a year and a half. PUW only has 152's, and I haven't looked into BLI yet. Thanks for the reply.