Reviewed October 26, 2026. An aircraft insurance worksheet can help organize actual proposals and budget for the terms being offered. It cannot produce an insurer’s premium by applying a generic percentage to hull value.
This page provides a comparison method rather than a live rating calculator. The reviewed quote data does not substantiate the former percentage-of-value formulas, fixed training discounts, claim surcharges or pilot-specific sample prices. Use written offers for your own aircraft and operation.
Gather the request before comparing prices
Record the exact aircraft, proposed hull value, configuration and equipment. Add the intended use, operating areas, base and storage arrangements. Have current information requested for each proposed pilot available for the insurance submission.
If the aircraft, pilots or proposed operation changes, update the request. Comparing offers based on different submissions can obscure what the premium difference represents.
Build a side-by-side worksheet
Create a column for each proposal and record these items from the actual documents. If something is missing or unclear, mark it for BWI to explain rather than assuming the proposals match.
| Worksheet item | What to record |
|---|---|
| Policy period | Proposed effective and expiration dates, offer validity and whether the amount is annual. |
| Aircraft and value | Exact model, configuration, equipment and proposed insured hull value. |
| Physical damage | Full-flight, ground-only or other stated coverage basis; relevant restrictions. |
| Deductibles | Amounts in motion, not in motion and for specified activities. |
| Liability | Total limit, passenger sublimits and relevant endorsements. |
| Pilots and operations | Approved pilots, training conditions, permitted use and geographic limits. |
| Full annual premium | The annual amount stated on the proposal, separate from installment payments. |
| Other charges | Any separately stated fees and financing or installment charges. |
| Open questions | Outstanding conditions, exclusions or wording that needs explanation. |
Use arithmetic only after the terms are understood
Once two annual amounts are confirmed, subtract one from the other to find the dollar difference. If you calculate a percentage, identify the comparison amount used as the denominator. A numerical difference does not establish identical protection.
When preparing a budget, identify which charges are already included and which are additional so they are not counted twice. Ask BWI to clarify the quoted amount, fees and payment schedule. A financed monthly payment should not be substituted for the annual premium.
Do not turn a difference into a universal rate
Two proposals may differ in value, coverage, deductibles, pilots or operations. Even for one request, their conditions can differ. Do not convert that difference into a standard surcharge for an aircraft type or a guaranteed saving from a rating, training course or deductible change.
A proposal is also not proof of a policy issued or a premium paid. Confirm the steps required to arrange coverage and the validity of the offer before relying on the amount.
Use dated cost observations carefully
The aircraft insurance cost guide links to the model-specific groups that have passed the current comparable-quote review. Each model guide states the dates, coverage terms, sample sizes and limitations.
Those observations can provide context within their stated scope. They do not replace an individual quote, establish a rate for a particular pilot or justify extending a range to an unreviewed model or use.
Review the completed worksheet with BWI
Ask BWI to explain the differences, outstanding requirements and options for the coverage you intend to buy. If you request changed terms, update the worksheet using the revised proposal. Review the issued policy and its exclusions, endorsements and conditions when coverage is arranged.
Request an aircraft insurance quote, call 800-666-4359 or email [email protected]. Requesting a quote does not bind coverage; coverage is not effective until confirmed in writing.
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