As more and more pilots take to the skies, questions around insured aircraft policies abound. Aircraft insurance has similarities to automobile insurance but major differences as well. Insurance is about protecting assets of value from unforeseen or catastrophic damage. You pay a little each month under the hopes that if the worst happens, you don’t […]
insured aircraft
It is a position that no pilot or aircraft owner wants to find themselves in, but if you spend enough time in the sky then it is likely that an aviation insurance claim is in your future. Now, to be clear, that doesn’t mean that a crash is inevitable. Far from it. Rather, it is […]
aviation insurance claim
Since the Wright Brothers first took to the skies in 1903, it seemed like mankind had finally gotten the best of gravity. Yet, when technology fails or human error provides an opportunity, what goes up must come down. For such occasions, aircraft liability insurance offers aircraft owners peace of mind. Simply put, aircraft liability insurance […]
Here at BWI Aviation Insurance, we’ve been specializing in aviation insurance and offering aircraft insurance quotes for over 40 years and I’m always surprised at just how complicated pilots and aircraft owners think the process is going to be. Aviation insurance is a rather complex and specialized industry and the team here at BWI is […]
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. […]
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 […]
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 […]
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, […]
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 aircraft
