Quote Originally Posted by rwanttaja View Post
Someone backs into your $120,000 Porsche, you cuss and drive it with the ding until you get back home. Someone backs into your $120,000 flying car, you're stuck where you're at until you can get an A&P to fix it. Airplanes are MUCH more delicate in comparison to cars. ANY damage, and you're grounded. Doesn't have to happen overnight, either...could happen in the Cracker Barrel parking lot.
Quite likely in this case you could still drive to the airport, where you could get a fix or a waiver or whatever. If you hold the repairman certificate, you could of course fix it (and document it) yourself.


My guess is that the insurance for a flying car will run at least the same as for an amphibian...annual premiums can run to 10% of the aircraft's value. It'd be cheaper to buy and abandon a used car at every destination...
Ouch. We should publicly invite insurance companies to explain this. It doesn't feel "right" to me. Amphibians don't have a ten-year life expectancy, do they? Is it just the liability, or the repair? Is it just certificated or all amphibs? Paying a second mortgage to keep your SeaRay in the garage explains a lot about why we see so few these days. And lets face it ... they are practical.

My little $15,000 econobox can haul me and three friends from Seattle to Portland in about two and one-half hours. For $100,000 more, I can shave a half-hour off that time (less the time required to convert the flying car to/from aviation mode) as long as I leave two friends behind.
You never come to Portland anyway. :-)

Ron Wanttaja[/QUOTE]