Embraer Praetor 600 Insurance Cost Examples
Only 2 Named Pilots; No Fractional/Dry Leases/Losses
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $20,000,000 Agreed Value | $40,000 |
| Aircraft Liability | $50,000,000 Per Occurrence | $10,000 |
| Total Annual Premium | $50,000 |
4 Contract Pilots; Fractional Owners
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $20,000,000 Agreed Value | $45,000 |
| Aircraft Liability | $50,000,000 Per Occurrence | $10,000 |
| Total Annual Premium | $55,000 |
5 Contract Pilots, and 2 Losses from Bird Strike and Hail in FL
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $20,000,000 Agreed Value | $55,000 |
| Aircraft Liability | $50,000,000 Per Occurrence | $10,000 |
| Total Annual Premium | $65,000 |
Aircraft Summary
The Praetor 600 boasts impressive cockpit and cabin features, as well as HTF 7500E powerplants at 7,500 lbst. It can carry four passengers in its NBAA IFR range of 3,900 nm, out-pacing the Cessna Longitude and Gulfstream G280. Replacing the Legacy 500 come 2020, it is sure to make a strong impression in the industry.
Models We Cover
Valuation
The average price of the Embraer Praetor 600 is $21,494,000 to $23,555,000. The company started producing the Praetor 600 in 2019 and they are still being produced today. 71 aircraft have been built since 2019, 67 are in operation while 4 are with the manufacturer.
Risk Areas
Claim History
The Embraer family has a good claim history. Though the Praetor 600 is relatively new, underwriters will consider the safety record of Embraer jets when considering the risk of insurance.
The Honeywell HTF7500 engine inlets had an issue with Cowl inner barrel corrosion. As a result, Quiet Technology Aerospace (QTA) received STC (Supplemental Type Certificate) approval for its seventh airframe-specific engine inlet replacement barrel. The praetor 600 barrel can now be replaced with QTA’s carbon graphite composite barrel which ends the root cause of corrosion.
Some other common claims are FOD, hangar rash, hard landings, bird strikes, and runway overruns.
Safety Features
The Praetor 600 mid-size jet is powered by the reliable and efficient Honeywell HTF7500E engine. The engine uses Honeywell’s Single Annular Combustor for Emissions Reduction (SABER) to reduce Nitrogen Oxide emissions.
The aircraft engine has three hydraulic systems so there’s plenty of redundancy. Two ice detectors can automatically activate the wing, horizontal stabilizer, and anti-ice systems.
The Praetor 600 has an APU that is designed to increase safety in small and medium-range business jets. The fly-by-wire control lowers turbulence during the flight. It also provides more automation to reduce the pilot’s workload and improve safety. The Praetor 600’s cabin has standard HEPA filters that remove 99.97% of bacteria from the air.
Praetor 600 also features an autothrottle system, lightning detection system, Predictive WindShear System (PWS), and Vertical Weather (VWX) surface management system. The PWS detects and alerts the pilot of wind shear conditions ahead of the airplane. There’s also provision for Enhanced Vision System (EVS) and Head-Up Display (HUD) as optional installations.
See our complete list of approved flight schools and Part 141 flight schools for more information.
Parts Service Centers
Embraer Aircraft has Authorized Service Centers throughout the US and throughout the world.