by Ben Peterson | May 1, 2023 | Aircraft
Anything new with Aircraft Insurance lately? We’d like to report light to moderate turbulence for the aircraft insurance market outlook in May 2023. The general consensus is rates are supposed to continue increasing but we’ve actually seen the market flat and...
by Ben Peterson | Apr 25, 2023 | Aircraft
There are recent changes to the insurance requirements for Embraer and Phenom aircraft pilots at CAE SimuFlite. CAE now requires that pilots provide a certificate of insurance with a liability limit of $50 million for commercial use and $20 million for personal use,...
by Ben Peterson | Mar 24, 2023 | Aircraft
Here’s the 1%, 2%, 3% rule for piston aircraft insurance premiums. For me it’s easier to visualize the premium with a % vs. $ sign. Cirrus SR22: Cirrus SR22 Hull Value $800,000 @ 1%, PRIV INST Pilot = $8,000 Cirrus SR22 Hull Value $800,000 @ 2%, PRIV working on...
by Ben Peterson | Feb 20, 2023 | Aircraft
Good Luck in 2023 and Let’s Do Some Deals Quick market update for aircraft insurance in February 2023. Steady, as she goes. MakeModelType of PilotHull ValuePremiumDiamondDA62Owner Pilot Transitioning from Cessna 182T$1,400,000$23,000Honda Jet EliteOwner Pilot 73...
by Ben Peterson | Dec 27, 2022 | Aircraft
Recent Aircraft Insurance Quotes Quick market update for aircraft insurance in December. More insurance companies have been renewing their reinsurance; rates have been increasing significantly for insurance companies to purchase insurance for themselves; Likely to...
by Ben Peterson | Dec 27, 2022 | Aircraft
Recent Aviation Insurance Quotes for Work Comp, Products, Excess, GL, FBO, Airport, Property, and Drones Quick market update for Aviation insurance in January 2023. Has your Workers’ Compensation carrier non-renewed your Aviation accounts? Sunset Aviation...
