Epic E1000 GX Insurance Cost Examples
Pro Pilot and Experienced
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $4,000,000 Agreed Value | $45,000 |
| Aircraft Liability | $5,000,000 Per Occurrence | $10,000 |
| Total Annual Premium | $55,000 |
Owner Pilot and Experienced
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $4,000,000 Agreed Value | $50,000 |
| Aircraft Liability | $2,000,000 Per Occurrence | $10,000 |
| Total Annual Premium | $60,000 |
Owner Pilot less than 1,500TT
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $4,000,000 Agreed Value | $55,000 |
| Aircraft Liability | $1,000,000 Per Occurrence | $10,000 |
| Total Annual Premium | $65,000 |
Aircraft Summary
Epic Aircraft revealed on July 15 the exciting news that its next-generation E1000 GX had been granted a type certificate from the FAA. This upgraded model of the E1000 boasts an advanced Garmin GFCTM 700 automated flight control system and a Hartzell 5-blade composite propeller. The GFCTM’s AHRS provides an impressive suite of features: flight director, autopilot, yaw damper, automatic trim, coupled go-around capabilities, as well as emergency descent protection – all fully-integrated with the Garmin G1000 NXi flight deck.
Models We Cover
Valuation
The E1000 GX, introduced in 2021, has been manufactured and sold at a price between $3,845,000 and $4,195,000. Twenty-nine planes have been built; 25 are in active service with various operators while four remain at the factory site.
Risk Areas
Insuring the Epic E1000 GX aircraft can be difficult, especially for pilots over 70 or with less experience and looking for a new insurance relationship. Insurance companies look for 1,000+ total time and some other turboprop/turbojet time. The market is catching up with demand, but premiums were previously higher compared to similar models.
Premiums vary based on hull value, pilot experience, claim history, and local maintenance accessibility. Insurance companies consider the history of previous claims and the associated costs when determining the premium rates for the Epic E1000 GX.
Claim History
Epic Aircraft has a good claim history with the Epic E1000 GX. The aircraft has a low accident record, with no notable accidents or issues to report. Common claims for this aircraft include hard landings, bird strikes, and runway overruns.
Safety Features
The Epic E1000 GX prioritizes safety without sacrificing performance as a single-engine turboprop aircraft. The Garmin GFC 700 Autopilot system is only one of several high-tech safety measures included on this aircraft. Because of this improvement, the E1000 GX is more powerful and secure than ever before.
The aircraft also includes an automated flight control system, a Hartzell five-blade composite propeller, and a remarkable clean-sheet design made of advanced composite materials that delivers exceptional speed, range, payload capacity, elegance and safety.
Epic Aircraft’s E1000 GX comes with Epic’s Safety Program, designed to provide exceptional safety and support for pilots and passengers. A Pratt & Whitney Canada PT6A-67A engine powers the Epic E1000 GX aircraft–a high-performance turboprop engine known for its reliability and efficiency.
The aircraft’s speed and performance are exceptional because of the engine’s capacity to generate up to 1200 shaft horsepower. The engine also benefits from a full-authority digital engine control (FADEC) system, which allows for improved efficiency and lower emissions.
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!
Flight Training Centers
Epic Aircraft Flight Training Centers are located FlightSafety International’s Frasca E1000 GX simulator.
See our complete list of approved flight schools and Part 141 flight schools for more information.
Parts Service Centers
Epic Aircraft Authorized Service Centers are located throughout the US at Broadies Aircraft, Premier Aircraft, and Lone Mountain Aviation.