First year insurance costs are pretty high but they are sure to come down next year once I have some RV-10 time under my belt. We ended up with a $4100 annual cost this year and I expect that to drop by at least a grand or more by next renewal. At the time I got coverage I had about 135 total flight time. Insurance mandated that I get 5 hours of transition training, which I would have done anyways. We went through NationAir and our agent, Jenny, is fantastic.