by Ben Peterson | Nov 30, 2023 | Aircraft
The new aviation insurance companies are starting to get COMPETITIVE! Check out these rate reductions IAT has been very competitive for Owner Flown Single Pilot Turbine, Pilots must be less than 70 years old for new business though Mach 2 is a good new market for...
by Ben Peterson | Oct 25, 2023 | Aircraft
What are the hardest areas of the aviation insurance market? 70+ Year Old Pilots is for sure #1 Transition Pilots from a Light Aircraft into an Expensive Turbine Transition pilots into Expensive Aircraft with less than 1,000 Total Time or Low Time in General Piaggio,...
by Ben Peterson | Aug 16, 2023 | Aircraft
Pilot negligence is one of the leading causes of aviation accidents. While pilots are expected to exercise due care and safety procedures, errors still occur, but sometimes, pilots may be grossly negligent. So, does pilot insurance cover pilot negligence and pilot...
by Ben Peterson | Aug 15, 2023 | Aircraft
Deflation in Aviation Insurance? Aircraft owners should appreciate the fact there’s FOUR new aviation insurance companies this year. In July’s Market Update, we reported that there were 3 new insurance companies, but that total has now grown to 4 with a new entrant...
by Ben Peterson | Jul 26, 2023 | Aircraft
Properties, including aircraft, are susceptible to damages caused by accidents and other factors. Hence, there’s a need for an insurance policy to protect owners against unforeseen accidents. When insurance providers pay the insured in such events, they shoulder...
by Ben Peterson | Jul 26, 2023 | Aircraft
The Federal Aviation Authority (FAA) broadly groups pilots into non-commercial and commercial categories. Amongst other pilot classifications under the non-commercial category are private and recreational pilots. While recreational pilots and private pilots both fly...
