Whenever I’m asked by a pilot whether or not they should purchase a non-owned aircraft insurance policy, my answer is usually yes, but this depends on a few things: 1. What are their typical flying habits. 2. Do they have an active aircraft insurance policy on an aircraft they currently own that includes non-owned coverage. […]
Posts with category Aircraft Insurance (123 articles)
General Aviation Insurance Basics For A New Aircraft Owner
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So you’ve logged the hours, acquired the ratings, and now you are looking to purchase your first aircraft. Congratulations, as that’s a pretty big step in life and one that most of us have dreamed of at some point in life. Whether that was a private jet to fly through the sky in luxury or […]
Off-Airport Landings And Aircraft Insurance
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The general rule of thumb in flying is that if you have the choice between landing on an airport runway or an off-airport location such as the 18th fairway of your local country club, you should choose an airport every single time. Now, that didn’t stop famed actor and aviation enthusiast Harrison Ford from having […]
3 Tips on Getting the Best Helicopter Insurance Rates
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Giving advice on how to lower your helicopter insurance rates these days feels a little bit like giving advice on how to survive a Tsunami. Basically, run for high ground and pray for the best. The aviation insurance market has been experiencing a cyclical hardening with rotary aircraft taking some of the hardest hits. Moreover, […]
COVID-19 Is Driving Global Demand For Private Jet Travel And Jet Insurance
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Both supply and demand have always been natural drivers of global markets and unsurprisingly, private jet insurance is no exception. Admittingly, as much as the current global pandemic took everyone by surprise, so too did the recent explosion in the demand for private air travel. As a family owned business, we develop the annual budget […]
private jet insuranceNew Video Announced! | 5 Things You Need To Know About Aircraft Renter’s Insurance | BWI Fly Live
We are pleased to announce the release of our very first episode on BWI Fly Live! Episode 1 | 5 Things You Need To Know About Aircraft Renter’s Insurance! Our very first episode zeros in, on 5 most important things you need to know when considering an aircraft renter’s insurance policy. Aircraft renter’s insurance is […]
aircraft renter's insuranceLiability and Hull Insurance are the Pillars of Insured Aircraft Policies
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As more and more pilots take to the skies, questions around insured aircraft policies abound. Now, the simple truth is that you can insure just about anything these days. College athletes destined for pro stardom take out insurance policies in case they are injured before they even make a dime. J-Lo was rumored to have […]
insured aircraftIf You’ve Endured the Pandemic Thus Far, Don’t Cancel Your Airplane Insurance
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As the infamous year of 2020 heads into fall and the sun sets on what will go down as a challenging year for pilots and the aviation insurance industry as a whole, we want to implore you to hang in there just a little longer. Specifically, if you have endured the spring and summer without […]
airplane insuranceThe 5 Best Airplane Insurance Tips For New Owners
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Airplane insurance isn’t usually the first thing on your mind when you are looking for a new plane. Typically shopping for a new airplane consists of a lot of spec research, online forum reading and mental anticipation of the awesome possibilities that a new flying machine will bring to you. When you finally get a […]
Aviation Insurance Market Update | June 2020 | Insurance rates rising fast.
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If you have been involved in aviation for any time now, you will have noticed aviation insurance rates going up significantly. In some cases as little as 20% and in others, some have witnessed a near 100% increase in premium costs. So as if the year 2020 needed any more adversity to throw at us, […]
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