If you’ve been shopping for aircraft insurance, you’ve likely come across Falcon Insurance Agency. Founded in 1979 and based in Texas, Falcon is one of the largest aviation insurance agencies in the United States.
Falcon serves as a broker and intermediary, connecting aircraft owners, flight schools, and aviation businesses with top-rated underwriters. They operate similarly to other aviation insurance agencies, such as BWI Aviation Insurance, by sourcing quotes from multiple carriers and matching clients with the best available coverage.
This guide explains how Falcon’s aircraft insurance works, what they offer, how pricing compares across the aviation insurance market, and what to consider before you choose a provider.
1. What Is Falcon Aircraft Insurance?
Falcon is not an insurance carrier, it’s a licensed aviation insurance agency. The company acts as a broker between you (the aircraft owner or operator) and the underwriting companies that provide the actual insurance policies.
How It Works:
- Falcon collects your pilot, aircraft, and usage information.
- The agency shops your details with multiple aviation underwriters.
- They present you with quotes, coverage limits, and policy options.
- Once you choose a policy, Falcon manages communication, servicing, and renewals.
This model is similar to BWI’s, both agencies act as aviation-specific brokers with market-wide access.
2. What Does Falcon Aircraft Insurance Cover?
| Coverage Type | Description | Typical Limit |
| Liability Coverage | Protects you if your aircraft causes injury or property damage. | $1M CSL (standard) |
| Hull Coverage | Covers physical damage to your aircraft, whether on the ground or in flight. | Agreed value basis |
| Medical Payments | Covers small medical expenses for passengers or others. | $1,000–$5,000 |
| Non-Owned Aircraft Liability | Covers pilots flying aircraft they don’t own. | $250k–$1M |
| Commercial & Instructional Use Coverage | Covers flight schools, instructors, and commercial operators. | Customized |
| Corporate / Jet Coverage | High-value aircraft and business flight departments. | Up to $50M+ hull value |
Falcon represents the same major carriers as BWI, including AIG, Global Aerospace, Old Republic, Starr, USAIG, QBE, and Core Specialty/Star Aviation.
3. Falcon vs. Direct Writers and Independent Brokers
| Provider Type | Example | Market Access | Pros | Cons |
| Direct Writer | Avemco | 1 (sells own policies only) | Fast quoting, simple structure | No competition or rate comparison |
| Aviation Agency (Falcon, BWI) | Falcon, BWI | 8–12 major underwriters | Market competition, custom coverage, advocacy | Slightly more communication during quoting |
| General Insurance Agent | Local non-aviation agent | Limited or none | Easy local contact | Lacks aviation expertise, fewer markets |
4. How Much Does Falcon Aircraft Insurance Cost?
Falcon’s pricing depends on the same risk factors every underwriter evaluates: aircraft type, pilot experience, ratings, usage, claims history, and location.
| Aircraft Type | Typical Hull Value | Annual Premium Range |
| Light Single-Engine (Cessna 172, Piper Archer) | $100k–$300k | $1,200 – $2,800 |
| High-Performance Single (Cirrus SR22, Bonanza) | $300k–$800k | $3,000 – $6,000 |
| Twin-Engine Piston | $400k–$900k | $4,000 – $8,000 |
| Turboprop (King Air, Pilatus) | $1M–$3M | $8,000 – $18,000 |
| Light Jet (Citation, Phenom) | $3M–$8M | $15,000 – $30,000+ |
5. What Makes BWI Different from Falcon
| Category | Falcon Insurance | BWI Aviation Insurance | ||||
| Founded | 1979 | 1977 | ||||
| Headquarters | Kerrville, TX | Corona, CA | ||||
| Market Access | 8–10 major underwriters | All major underwriters, including niche markets | ||||
| Quote Turnaround | 2–4 business days | 24 hours for piston / 2–3 days for turbine or jet | ||||
| Specialization | Broad GA and business risks | Focus on personal, turbine, Alaska, drone, and experimental | ||||
| Claims Advocacy | Centralized | Direct, hands-on support | ||||
| Technology / Speed | Traditional communication | Modern automation for faster quoting |
6. Real-World Example: BWI vs. Falcon Quote Comparison
| Broker | Liability | Hull | Annual Premium |
| Falcon Insurance | $1M CSL | $750k | $4,950 |
| BWI Aviation Insurance | $1M CSL | $750k | $4,720 |
7. Why It Pays to Compare Aviation Brokers
Aviation insurance is a relationship-based business. The right broker not only finds you the best price, they ensure your coverage evolves with your flying habits, experience, and fleet. By comparing quotes from multiple agencies, you’ll see meaningful differences in price, deductible structure, and responsiveness.
8. Why Thousands of Pilots Choose BWI
- 45+ years specializing exclusively in aviation insurance.
- 10,000+ active customers nationwide.
- 800+ five-star reviews.
- Access to every major aviation underwriter.
- 24-hour quoting for piston aircraft.
- Dedicated account managers for personalized service.
9. The Bottom Line
Falcon is a respected aviation insurance agency with decades of experience, and for many pilots, they provide dependable service and strong coverage options.
But the smartest approach is to compare quotes across the market. Every underwriter has different appetites, and premiums can vary widely depending on your aircraft, experience, and usage.
At BWI Aviation Insurance, we shop the entire market to make sure you get the best possible coverage, price, and service, every single year.
Get your aircraft insurance quote today at www.bwifly.com.
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