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Dassault Falcon Airplane Insurance

Dassault Falcon Insurance Cost Examples

Falcon 50EX - Dual Pilot Typed Rated

Coverage Limits Premium
50EX Physical Damage $6,500,000 Agreed Value $23,500
Aircraft Liability $50,000,000 Per Occurrence $9,000
Total Annual Premium $35,500

Falcon 2000LXS - Dual Pilot Typed Rated

Coverage Limits Premium
2000LXS Physical Damage $30,000,000 Agreed Value $21,500
Aircraft Liability $250,000,000 Per Occurrence $5,000
Total Annual Premium $26,500

Falcon 8X - Dual Pilot Typed Rated

Coverage Limits Premium
8X Physical Damage $40,000,000 Agreed Value $30,000
Aircraft Liability $300,000,000 Per Occurrence $10,000
Total Annual Premium $40,000

Aircraft Summary

Falcon jets continue to be a leading manufacturer of mid to large size cabin class corporate jets. The insurance for Falcons jets are underwritten by a handful of insurance companies that are capable of offering high limits for hull value and liability. A brand new Falcon 10X is expected to cost around $75,000,000. Common liability limits for a Falcon aircraft of this value is $300,000,000 per occurrence.

Liability premium typically accounts for around 30% of the overall premium. The liability premium is based on the number of seats, liability limit, and use and operations of aircraft. The remaining 70% of the premium is based on the hull value.

An easy way to estimate or visualize the premium for a Dassault Falcon Aircraft is: 0.2%, 0.4%, and 0.6%

  • 0.2% of the hull value for experienced pilots and high hull value such as $50,000,000
  • 0.4% of the hull value for experienced pilots and high hull value such as $25,000,000
  • 0.6% of the hull value for experienced pilots and high hull value such as $10,000,000

Whether the insurance market is a hard market or soft market, aviation underwriters will be seeking to find jet operators and owners with the best resume or candidates with the lowest risk profile. While riskier sections of the aviation insurance industry can see a lot of volatility, some of the best jet operations in the world have continued to operate unaffected by insurance rate increases.

Models We Cover

  • 50
  • 50EX
  • 900
  • 900C
  • 900DX
  • 900 EX EASy
  • 900EX
  • 900LX
  • 2000
  • 2000DX
  • 2000EX EASy
  • 2000EX
  • 2000LX
  • 2000LXS
  • 6X
  • 7X
  • 8X
  • 9X
  • 10X

Valuation

Falcon jets hold their value very well, especially since the pandemic where demand to fly corporate has increased exponentially. Current owners have been looking to upgrade and first time buyers that had been sitting on the fence with the means to buy a Falcon or corporate jet now had the excuse they needed to pull the trigger.

Risk Areas

The hardest Falcon jets to insure are the older aircraft and specifically the operators that are trying to save money by not sending both pilots to simulator school in the same make and model Falcon jet annually. The majority of the Falcon jet operators don’t have this problem, but sometimes with the lower purchase price of older Falcon jets, it brings out bargain hunters that think saving money on maintenance or pilots is a badge of honor when it comes to their frugality.

Claim History

Falcon jets have had an amazing claims history. There’s also over 2,500 Falcon jets in operation worldwide so aviation underwriters have a lot of data to properly rate the risk. Falcons very rarely have total losses, but like the rest of the aircraft insurance industry the risk is a catastrophic loss that can wipe out a decade of insurance premiums collected from the insurance companies.

Safety Features

Falcon jets are extremely safe to operate because they are so well manufactured and maintained, but also because the pilots that fly the Falcons are very well qualified. Pilots are required to complete recurrent training annually in the same make and model aircraft.

Pilots that fly the Falcon are either Named on the policy or fly under the Open Pilot Warranty, which will require a minimum of 3,000 hours total time, 100 hours in make and model, and annual training.

Flight Training Centers

Dassault Falcon Flight Training Centers are located throughout the US and throughout the world at full motion level D simulators. FlightSafety International, CAE Simuflite, and Simcom.

See our complete list of approved flight schools for more information.

Parts Service Centers

Dassault Falcon Authorized Service Centers are located throughout the US and throughout the world.

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