Diamond Aircraft DA50 / DA50 RG Insurance Cost Examples
Owner Pilot and Experienced, PRIV INST
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $1,400,000 Agreed Value | $16,000 |
| Aircraft Liability | $1,000,000 Per Occurrence | $2,000 |
| Total Annual Premium | $18,000 |
Owner Pilot w/ PRIV INST but less than 400TT
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $1,400,000 Agreed Value | $20,000 |
| Aircraft Liability | $1,000,000/ $250,000 Pax. | $2,000 |
| Total Annual Premium | $22,000 |
Owner Pilot PRIV working on INST
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $1,400,000 Agreed Value | $28,000 |
| Aircraft Liability | $1,000,000/ $250,000 Pax. | $2,000 |
| Total Annual Premium | $30,000 |
Aircraft Summary
The Diamond DA50/50RG features the exceptional Garmin G1000 NXi flight deck with GFC700 Automated Flight Control System. The DA50 five-seater large cabin offers convenience and safety. The aircraft is powered by the jet fuel 300 hp Continental CD-300 with full FADEC control.
The DA50RG design features hinged double-slotted flaps, and retractable landing gear, and the aircraft cruises at 180 kn 333 km/h) and a range of 750 nmi 1,389 km).
Models We Cover
Valuation
The average price of a DA50RG is 1,300,000 as of today. The first Diamond DA50 was produced in 2006 but it was suspended in 2009 after two prototypes have been produced. Diamond aircraft presented Diamond DA50 RG in 2020 and deliveries started in the second quarter of 2022.
Risk Areas
The hardest Diamond Aircraft to insure is student pilots looking to purchase a high hull value DA50 for private pilot training. There are two insurance companies that can insure these types of operations, but it does take some convincing, and the rate for the first year can be up to 3% of the insured value of the aircraft.
Most insurance companies require at least 500 hours of flight time with a Private and Instrument rating.
Claim History
Diamond DA50/DA50 RG has a great claim history. The DA50/50RG was built for safety and currently has no accident record. Diamond aircraft have one of the best safety records, and insurance companies rate them similarly, but slightly higher than a Cirrus aircraft. There are a lot of Diamonds in operation, so there’s good data for insurance companies to rate the risk.
Safety Features
The 300 HP Continental Aerospace CD-300 is a safe engine regulated by two redundant full FADECs that reduces the pilot’s workload.
Like most Diamond aircraft, the Diamond DA50RG is equipped with the Garmin G1000NXi which provides the latest safety features. It features a 3-axis GFC700 automated flight control system, electronic stability and protection. Other features present include synthetic vision technology and a traffic alerting system.
The Diamond DA50 is a jet fuel-powered aircraft that produces less carbon, making it more eco-friendly. It also has a TKS deicing system that provides ice protection across the entire airframe.
Diamond aircraft’s non-critical structure is allowed to fail to help absorb crash energy. The cabin structure is also designed to resist crushing and penetration to allow maximum occupant protection.
Diamond also uses tough, flexible stainless steel braided high-pressure fuel lines. These fuel lines move with the deforming structure and are strong and rupture resistant. The aircraft is also protected from flammable fluid fire. This helps to prevent post-fire crashes and increases the chances of survival.
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
Diamond Aircraft Flight Training Centers are located throughout the US and throughout the world. Diamond also has OEM simulator training
See our complete list of approved flight schools and Part 141 flight schools for more information.
Parts Service Centers
Diamond Aircraft Authorized Service Centers are located throughout the US and throughout the world.