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Pilatus PC-24 Airplane Insurance

Pilatus PC-24 Insurance Cost Examples

Dual Pro Pilots

Coverage Limits Premium
Physical Damage $14,000,000 Agreed Value $40,000
Aircraft Liability $25,000,000 Per Occurrence $10,000
Total Annual Premium $50,000

Single Pro Pilot and Experienced

Coverage Limits Premium
Physical Damage $14,000,000 Agreed Value $90,000
Aircraft Liability $25,000,000 Per Occurrence $30,000
Total Annual Premium $120,000

Owner Pilot w/ less than 1,300TT and Pro Pilot; 100% Dual

Coverage Limits Premium
Physical Damage $14,000,000 Agreed Value $55,000
Aircraft Liability $25,000,000 Per Occurrence $15,000
Total Annual Premium $70,000

Aircraft Summary

The PC-24 boasts the best of both worlds, offering customers extended range and speed, whilst still providing an impressive ability to take off and land on short runways. Receiving FAA and EASA type certifications in December 2017, the aircraft is certified for single pilot operation, making it even more appealing to operators.

Models We Cover

Pilatus PC-24

Valuation

Pilatus began producing its PC-24 in 2018. The plane will cost between $11,060,000 and $12,220,000 when it goes on the market in 2023. So far 183 of these aircraft have been made; 6 more are still being constructed—with 1 having already retired from active service.

Risk Areas

The Pilatus PC-24 is a challenging aircraft to insure single pilot, particularly for pilots with less than 2,000 hours of total flight time transitioning into the Pilatus. However, aviation insurance underwriters consider professional pilots with a good insurance history and flight hours. The manufacturer’s website mentions efforts to minimize the risk of common cause failure of systems in the PC-24.

Claim History

Despite its reputation for being an extremely safe aircraft, the Pilatus PC-24 has had a few accidents. These include runway excursions and bird strikes as well as hard landings that caused damage to the landing gear. Most Pilatus PC-24 accidents or incidents are caused by human error or adverse weather conditions.

For example, the runway excursion was attributed to the pilot’s failure to initiate a go-around despite experiencing a tailwind and a runway that was shorter than optimal. There have also been issues with the PC-24’s landing gear, including a hydraulic system failure that caused damage to the gear.

Safety Features

The Pilatus PC-24 is a highly safe and reliable aircraft, with features that ensure an outstanding flying experience for passengers. Its two Williams FJ44-4A turbofan engines are highly reliable—and add to the plane’s overall safety. The airplane’s state-of-the art avionics system includes a Synthetic Vision System (SVS) that gives pilots enhanced situational awareness and a Runway Awareness and Advisory System (RAAS), which alerts them to runway incursions.

To help pilots see the runway and their surroundings in low-visibility circumstances, Pilatus PC-24s may be outfitted with an optional Extended Vision System (EVS) that makes use of infrared technology. The aircraft is equipped with anti-icing devices and an Emergency Descent Mode (EDM) for rapid descent in the event of an emergency.

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

Pilatus Aircraft has training centers throughout the US and throughout the world.

Parts Service Centers

Pilatus Aircraft has Authorized Service Centers throughout the US and throughout the world.

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