by Ben Peterson | Sep 18, 2021 | Aircraft
Obtaining and keeping your high hull-value business aircraft insurance is getting increasingly difficult in the hardened post-Covid market. With aviation claims costs skyrocketing amid the ever-increasing cost of labor and materials in repair shops, not to mention the...
by Ben Peterson | Aug 4, 2021 | Aircraft
Buying aircraft, especially pre-owed aircraft, is rough right now. Opportunities and inventory are very low despite a pandemic. I did a little research on what may have contributed to this tight this market and thought I’d share what I learned, along with a few tips I...
by Ben Peterson | Jul 29, 2021 | Aircraft
No question about it, we’re experiencing rising aviation insurance rates. Even if you have experienced no claims and your aircraft is decreasing in value, you’ll see that number climb. I’m often asked why rates are going up and what someone can do about keeping them...
by Ben Peterson | Jul 28, 2021 | Aircraft
If you loan out your aircraft—whether on an informal basis to a buddy or formally through a dry lease—does your insurance still cover the hull and liability when another pilot is at the controls? Maybe yes, and maybe no. This is the kind of thing you want clarified...
by Ben Peterson | Jul 28, 2021 | Aircraft
Bombardier Challenger 605 (N605TR) of Tarco Aircraft Funding LLC seems to have gone out of control and crashed amongst trees on the Ponderosa Golf Course while on final approach to Runway 11 at Truckee, California on July 26, 2021, killing all three on board. The...
by Ben Peterson | Jul 17, 2021 | Aircraft
Recently I have visited TBM Owners and Pilots, Citation Jet Pilots, and Cirrus Now. The topic that was prevalent at all three events was how the insurance market is changing and some people’s rates are up over 50%, whilst others haven’t increased at all. One important...
