So, what *is* the going rate for insurance on a 360?  I'm an IFR-rated commercial pilot with 500 hours total and zero hours in type.

$1000 per year?  Sure I'll buy it. 
$2000 per year?  I'll grumble but pay it.
$7000 per year?  No way.

Is there a significant savings to be had by forgoing hull insurance?  I believe that most airports require liability insurance in order to rent a hangar.

- Rob Wolf