Home »
Aircraft Insurance Outlook – April – May 2025
Posted By Benjamin Peterson
Published May 6, 2025
Do more with less:
- Aviation Insurance rates have been on a major decline for over a year now.
- Aircraft insurance brokers need to work harder for less money, which is fine, but you better have a solid new business strategy. This is exactly what I’m doing.
- More good clients for less money. Everyone’s happy.
- Trump Tariffs have caused a lot of uncertainty in aircraft sales and parts for MROs and OEMs.
- We’ve had new delivery Diamond DA50s and DA62s which use over 51% of their parts manufactured in China get hit with tariffs or reroute the build to Australia.
- We’ve had a new delivery Daher TBM 960 get hit with a 10% tariff. The original price was $5,500,000 + 10% tariff = $550,000.
- Upcoming Events – International Aircraft Dealers Association IADA in Scottsdale 5/12 – Pilatus Owner & Pilots Association POPA in Nashville 6/12
- I’ll keep you posted as I hear more. I have my ear to the ground. Overall the industry is in a pullback but still a stronger market than long term norms.
| Make | Model | Type of Pilot | Hull Valuet | Premium | % Move |
|---|---|---|---|---|---|
| Piper | M700 | Owner Pilot for 4 other named pilots | $4,000,000 | $28,000 | 🔻36% |
| Citation | Mustang | Owner Pilot Experienced | $2,000,000 | $18,000 | 🔻34% |
| Piper | Meridian | 71 year old pilot; keeps hitting deer and filing claims | $800,000 | $25,000 | 🔻29% |
| Phenom | 300 | Owner Pilot w/ 1,700TT and EU operations this summer | $9,000,000 | $68,000 | 🔻27% |
| Bell | 505 | Owner Pilot Second Year; 250 Total Time | $2,300,000 | $56,000 | 🔻25% |
| Piper | M600 | Fractional Owner Pilots Experienced | $2,250,000 | $25,000 | 🔻14% |
| Citation | Encore | Owner Pilots; Father and Son | $3,000,000 | $25,000 | 🔻13% |
| Citation | Bravo | Pro Pilots; Listed For Sale; Low Liability | $1,500,000 | $17,000 | 🔻7% |
| Citation | Mustang | Owner Pilot w/ 1,200 Total Time; Second Year | $2,000,000 | $26,000 | 🔻6% |
| MD | 500 | Low Time Owner Pilot Building Experience | $1,000,000 | $30,000 | 🔻5% |
| Falcon | 2000 | Pro Pilots Experienced; Second Year Owner | $5,350,000 | $33,000 | FLAT |
| Citation | 650 | Pro Pilots Experienced | $1,500,000 | $26,000 | FLAT |
| Citation | 650 VII | Pro Pilots Experienced + Worldwide coverage for EU and Cuba | $1,400,000 | $24,000 | NEW |
| Diamond | DA50NG | Student Pilot working on PRIV | $1,500,000 | $38,000 | NEW |
| Diamond | DA50NG | Pilot has PRIV INST w 200 Total Time | $1,500,000 | $29,000 | NEW |
| Daher | TBM 960 | Three Owner Pilots; Age 71 for one of them | $5,500,000 | $48,000 | NEW |
| Pilatus | PC-12NGX | Pro Pilot Experienced; high liability limit | $6,200,000 | $59,000 | NEW |
Advice: The best way forward is to maintain a close relationship with your aviation insurance broker and underwriters so you get the best rates as things are changing.
Ben Peterson is a 15 year aviation insurance services professional, Commercial Pilot and Flight Instructor with over 1,000 hours instruction given, and former Cirrus Factory Instructor Pilot.
Benjamin Peterson
Graduated from the University of North Dakota with a degree in Commercial Aviation as a Pilot and Flight Instructor. My first professional job was working for Cirrus Aircraft as an instructor.