Daher TBM has been manufacturing durable, beautiful aircraft for over thirty years. Their specialty is lightweight turboprop planes. In fact, TBM has produced some of the fastest pressurized single-engine turboprop aircraft in the world. The TBM 900 series, which launched in 2014, has been especially popular among private aircraft owners.
With this long history of success, it’s no wonder people are eager to buy their own Daher TBM aircraft. However, before you purchase an aircraft, you should have a plan for keeping it safe and in good condition. The best way to do this is with aircraft insurance coverage. Aircraft insurance protects you from the liability risks associated with owning an aircraft. In the event of an accident, a good insurance plan will also ensure that your plane gets appropriate repairs at an affordable price.
So, how do you get a good deal on Daher TBM aircraft insurance? Your first step should be researching the characteristics of Daher TBM aircraft so that you know what to expect from your plane. Next, you should learn about how aircraft insurance works. Finally, you need to seek out a trusted partner. In this guide, we will explain all of these steps to you. We will also explain how BWI Aviation Insurance can empower you to find the best possible Daher TBM aircraft insurance plan.
Characteristics of Daher TBM Aircraft
Collaboration is one of Daher TBM’s greatest strengths. It was founded as a joint venture between the French company Socata and the Texas-based organization Mooney Aircraft. In 2019, the Kodiak utility turboprop aircraft company joined the TBM family. Thanks to the combined expertise of all these groups, Daher TBM has been able to consistently produce innovative new aircraft designs. Their safety features make Daher TBM aircrafts good candidates for affordable insurance policies.
Two currently popular Daher DBM planes are the TBM 960 and the TBM 910. The TBM 960 uses a digitally-controlled turboprop engine. The high-tech engine features extremely precise settings, which enables the pilot to fly with increased efficiency. The plane consumes relatively little fuel and has a maximum cruise speed of 330 KTS. It can accommodate six people. This model’s HomeSafe™ emergency autoland system makes it especially safe to fly.
The TBM 910 also uses highly developed safety systems. It comes with an emergency descent monitor, under speed protection, and an automated icing detection and protection system. Like the TBM 960, it can achieve a cruise speed of 330 KTS and hold six people. The elite cabin is packed with amenities like coat hangers, cupholders, and a storage cabinet. With the TBM 960, you can travel in comfort and safety.
What to Know About Aircraft Insurance
There are a number of factors that insurance companies consider before providing insurance. They often start by looking at the flight record of the pilot seeking insurance and the aircraft, make, model and typical exposure. Pilots with IFR ratings, plenty of hours and most importantly, many hours in the make and model of the aircraft will receive more favorable insurance terms. Transition pilots or less qualified pilots will see huge initial premiums as they spend a year or 2 learning, building hours and transitioning into the aircraft.
Similarly, if you lack aviation experience or haven’t flown in a long time, your insurance provider might charge you higher fees. Get in plenty of flight practice before seeking insurance. Ideally, you should practice flying in the same kind of plane you plan to buy. This will help you get comfortable with the controls of your future aircraft and prove to your insurer that you are a trustworthy pilot.
The insurance provider may charge higher premiums for liability insurance if you regularly fly large numbers of passengers. The argument goes that the more people a plane is carrying, the more damage could potentially result from an accident. If you own a plane from the TMB 900 series or another aircraft capable of carrying multiple passengers, check your insurance provider’s passenger liability policy. It’s important to not only have a solid aviation liability insurance policy, but also one that fits your specific risk exposure as an aircraft owner.
Socata TBM Aircraft Insurance
When you go looking for good aviation insurance for your Daher TBM aircraft, you could comb through the fine print of different insurance policies until you manage to find something reasonable. Or, you could simply enroll in Socata TBM aircraft insurance. Socata TBM aircraft insurance is a comprehensive aviation insurance policy that provides excellent coverage and liability insurance for TBM aircraft. Covered expenses include cargo liability, off-airport retrieval, trip interruption coverage, and emergency services coverages.
The complete Socata TBM aircraft insurance package features:
- Legal liability coverage. This covers your legal liability if your aircraft is involved in an accident that caused property damage or injury to a person.
- Hull coverage. Despite the name, hull coverage isn’t limited just to aircraft hull damage. Hull coverage is a broad type of insurance policy that covers all damage to your aircraft except for a few things listed in the policy exclusions section.
- Medical payments. Socata TBM insurance will pay for some medical expenses. It has a policy limit of $5,000 to $20,000.
How to Get Daher TBM Aircraft Insurance
Whether you decide to enroll in Socata TBM insurance or another policy, you’ll need an experienced partner to help you sort through your options. That’s where BWI Aviation Insurance comes in. BWI Aviation Insurance sells insurance policies to aircraft owners and pilot. Our staff is made up of highly trained aviation insurance experts. They will listen to your concerns and help you find the best insurance policy for your aircraft.
You can test out BWI’s services by requesting an aircraft insurance quote. Enter your contact details and information about your aircraft’s design. The BWI insurance professionals will assess your situation and advise you about your insurance options. With our help, you can compare the rates for different insurance policies and decide which one works best for you. We’ve been helping aircraft owners since 1977, and we pride ourselves on our stellar customer service. We look forward to helping you keep your Daher TBM aircraft safely insured.
Why choose BWI Aviation Insurance?
Over our 42 year history, BWI has built longstanding relationships with all of the above Aviation Insurance Companies. We work hand in hand with the above companies and leverage our experience to find the best market for your particular airplane insurance risk.
To ensure that you are getting the absolute lowest rate and best coverage with a rock solid A+ rated Aviation Insurance company, get a quote with BWI today. We specialize only in Airplane Insurance and our office is open 12 hours a day. Our agents are friendly and knowledgeable, and most importantly they are agents that you can trust to get you the best coverage for your needs. Aviation Insurance is all that we do and have done for 42 years.
Call 800.666.4359 today for a free Airplane Insurance Quote or Click Here to submit a quote request online.
BWI is the Nation’s Leader in Aviation Insurance, with offices based in Corona, CA and Anchorage, AK