Whether you are purchasing aircraft insurance for the first time or approaching your 15th insurance renewal, you face a decision about what is the most appropriate value for your hull (physical damage) insurance. In a column at GlobalAir.com, Darryl Abbey, senior vice president of Salem Five Aviation Services, notes that too high a value and you increase the amount of your premium unnecessarily. To low a value and you risk not getting what your aircraft is worth in the event of a total loss. Determining the right value isn’t hard, it just takes a little time, research and thought, he says in the column, which you can read here.