Cessna Citation Mustang Insurance Cost Examples
Cessna Citation Mustang - Owner Pilot Transition from Cirrus SR22
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $2,200,000 | $31,000 |
| Aircraft Liability | $1,000,000 per occurrence | $5,000 |
| Total Premium | $36,000 |
Cessna Citation Mustang - Owner Pilot Experienced
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $2,200,000 | $21,000 |
| Aircraft Liability | $2,000,000 per occurrence | $5,000 |
| Total Premium | $26,000 |
Cessna Citation Mustang - Pro Pilot
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $2,200,000 | $18,000 |
| Aircraft Liability | $5,000,000 per occurrence | $5,000 |
| Total Premium | $23,000 |
Aircraft Summary
In 2006, Cessna unveiled the Citation Mustang to compete in the burgeoning Very Light Jet (VLJ) market. Outfitted with Pratt & Whitney PW615F turbofan engines and Garmin G1000 avionics, the aircraft achieved FAA Type Certification on September 8th of that same year. This certification permits single-pilot operation, day/night navigation, VFR/IFR flights, and operations in Reduced Vertical Separation Minimum (RVSM) airspace.
Models We Cover
Valuation
As of 2023, the Cessna Citation Mustang has a price range of $1,765,000 – $3,220,000. The year’s manufactured are between 2006 – 2017. There’s a total of 479 produced. The last serial number is 510-0478.
Risk Areas
The Citation Mustang is a popular Part 91 Pleasure & Business owner flown aircraft. With most owner flown twin turbojet aircraft, underwriters are looking for well qualified pilots that place an emphasis on safety and training annually.
Pilots that are over 75 years old start seeing increased rates and discussion for future dual pilot operations with a mentor pilot.
Claim History
The Mustang has had a good claims history. Underwriters are familiar with underwriting it. Typical claims are hard landings, engine FOD, hangar rash, runway incursions, bird strikes, and weather related physical damage.
Safety Features
The Citation Mustang has twin Pratt & Whitney PW615F turbofan engines which are extremely reliable.
Citation Mustang insurance rates for single pilots start at around 1% of the hull value.
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
Citation Aircraft has training centers throughout the US and throughout the world.
See our complete list of approved flight schools and Part 141 flight schools for more information.
Parts Service Centers
Citation Aircraft has Authorized Service Centers throughout the US and throughout the world.