Cessna 421 Golden Eagle Insurance Cost Examples
Cessna 421 - Owner Pilot Experienced
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $800,000 | $11,500 |
| Aircraft Liability | $2,000,000 per occurrence | $4,500 |
| Total Premium | $16,000 |
Cessna 421 - Owner Pilot Low Multi Engine Time
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $800,000 | $15,000 |
| Aircraft Liability | $1,000,000 per occurrence | $4,000 |
| Total Premium | $19,000 |
Cessna 421 - Owner Pilot Transitioning from Cessna 206
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $700,000 | $18,000 |
| Aircraft Liability | $1,000,000 per occurrence | $4,000 |
| Total Premium | $22,000 |
Aircraft Summary
The Cessna 421 Golden Eagle is a luxurious aircraft with the capacity to seat up to 8 passengers in its cabin class layout, complete with an aisle. This plane is pressurized and air-conditioned, and also comes equipped with optional de-ice and anti-ice systems for virtually uninterrupted travel. The flight deck contains the same equipment as commercial airlines, allowing all weather capability while providing a safe, comfortable ride for everyone on board. With the ability to take off from runways of less than 3000 feet in length and a nonstop range of 1000 miles, the Golden Eagle can easily reach any western destination – no matter how big or small – making it incredibly accessible.
The Cessna 421A was officially certified for use on November 19th, 1968. It was equipped with two Continental GTSIO-520-Ds, each boasting 375 horsepower (280 kW), allowing it to reach a maximum takeoff weight of 6,840 pounds (3,103 kg). In total, 158 units were produced.
Models We Cover
Valuation
As of 2023 the price for a Cessna 421 Golden Eagle is between $132,000 – $990,000. The price for the Cessna 421 Golden Eagle can vary with the condition of the aircraft. It depends on engine TBO, interior, paint, avionics, maintenance logs, and a clean accident or incident history.
Risk Areas
The hardest 421 Golden Eagles to insure or ones with the highest rates are with pilots over 75 years old or pilots that are transitioning from smaller aircraft with very little multi engine experience.
Claim History
The Cessna 421 has a good claims history. That’s why insurance companies are still comfortable with underwriting it provided it’s flown by an experienced pilot that has an emphasis on safety and training. The most common claims are related to human and pilot error and weather related physical damage.
Safety Features
The Cessna 421 Golden Eagle is a reliable aircraft that has stood the age of time. The biggest safety feature is the twin engines and the fact that it has been in operation since 1967 and there’s a lot of mechanics that are very familiar with the aircraft.
Insurance rates are typically around 1% – 3% of the hull value depending on the pilot’s experience and a number of factors.
Aircraft Insurance Cost Guide
Learn more about the cost of insurance for private pilots based on your aircraft type and the various factors that affect premium rates. Whether you’re seeking owner aircraft insurance or commercial aircraft insurance, this valuable information will help to make an informed decision about the best coverage for you. If you have any additional questions, please don’t hesitate to reach out!
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