Aviation Insurance is a relatively small, close-knit, specialty insurance market. In the U.S. there are less than 20 Aviation Insurance Companies compared with auto insurance for example, where there are over 500.
BWI has been in business for over 42 years and during that time, we’ve specialized only in Aviation Insurance. This has given us a unique perspective in insuring thousands of aircraft, working with underwriters from all of the top companies and in witnessing how claims are processed from start to finish.
Update February 2021: The aviation insurance market continues to contract with a few more companies exiting the light aviation, insurance market. Reduced capacity, along with higher aircraft repair costs and an increase in maximum liability awards, means aviation insurance rates will continue to rise for the foreseeable future.
Some changes to the list for our February update include: The removal of QBE from our top 10 list as QBE has largely pulled out of the light aviation insurance market. We have added Starr Insurance, one of the largest global aviation insurance markets and an increasing force of stability in the market.
Let’s take a look at the 10 best aviation insurance companies:
- Founded in 1999
- Headquarters: Dallas, TX
- Target Risks: Transition Pilots, Flight Schools, Charter and airport liability.
- Founded in 1919
- Headquarters: Atlanta, GA
- Offering Aviation Insurance for 70+ years
- The largest Aviation Insurance Company in the US
- Target Risks: General Aviation, Airline Insurance, Airports and Aerospace Products Liability
- Founded in 2002
- Headquarters: New York, NY
- Target Market: General Aviation, Airport Liability, Commercial Drone insurance.
- Founded in 1924
- Headquarters: Parsippany, NJ
- Target Risks: Airline, Helicopter, Aerospace Manufacturer, General Aviation Insurance
- Founded in 1872
- Headquarters: Cincinnati, OH
- Target Risks: General and Commercial Aircraft Insurance, Helicopter Insurance, Product Liability, Excess Liability, Drone hull and Liability
- Founded in 1980
- Headquarters: Federal Way, WA
- Target Risks: Aviation Insurance in Alaska and the Pacific Northwest, Transition Pilots, Cirrus Aircraft Insurance, Helicopters.
- Founded in 1923
- Headquarters: Kennesaw, GA
- Target Risks: Agriculture, Airlines, Airport Insurance, General Aircraft including Personal and Commercial, Drone, Workers Compensation.
- Founded in 1919, US Aviation in 2006.
- Headquarters: Atlanta, GA
- Target Risks: General Aviation, Airports, Helipads, Fixed Based Operators, Corporate Jet, Aerial Applicators, Personnal Non-owned, Aircraft Products.
- Founded in 1959
- Headquarters: Plano, TX
- Target Risks: Rotor Wing, General Aviation Insurance, Agriculture, Airport Insurance, Warbird and racing aircraft insurance.
- Founded in 1928
- Headquarters: New York, NY
- Target Risks: Airline Insurance, Airport, Aviation Products Liability, Drones, General Aviation including: Helicopters, Commercial and Personal Aviation Insurance.
Aviation Insurance Association
Most of the above Top Rated Aviation Insurance Companies are also members of the Aviation Insurance Association, which is committed to enhancing the Aviation Insurance Industry. The AIA holds annual conferences, bringing together underwriters and brokers and helping to strengthen the Aviation Insurance community.
Who we are
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.
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