Cessna 411 Insurance Cost

Cessna 411 Overview:

General aviation continued its rapid growth in the early 1960s as manufacturers almost constantly introduced new and improved designs. While all of the “big three” had piston twin aircraft, 1960 had brought the introduction of the Beech Queen Air which substantially raised the bar in payload and carrying capacity well above anything either Cessna or Piper had in the fleet.

Cessna undertook the project of making a comparable twin-engine aircraft in 1961. They elected to leave the ultra-heavy segment of the market to the Queen Air, gambling that most operators would prefer a smaller, faster, and more efficient aircraft over the prodigious load carrying capacity the Queen Air offered. A new cabin design could seat a maximum of eight occupants, though seven was a far more common selection. With an eye on luxury, Cessna installed fold-out tables between the passenger seats and included a small refreshment cabinet and toilet seat across from the airstair entrance door. Power came from geared, turbocharged, and fuel-injected Continental engines producing 340 horsepower each.

First flight of the prototype of the new Model 411 took place in July of 1962. Following a flight test program, deliveries began in late 1964. Though significantly lighter than the Queen Air, the 411 still boasted a very healthy capability with fully fueled aircraft still regularly being able to lift over 1,500 pounds (700 kg). The main benefit of the smaller and more aerodynamic design was realized in the 30-knot improvement in cruise speed over its larger competitor. 250 of the original Model 411 were made before the Model 411A was introduced in 1967, with the only significant change being additional baggage space in the nose. A total of around 300 aircraft were completed before production ended in 1968.

Though the 411 would not have the sales figures of many other aircraft of the same time frame, its derivatives would go on to be extremely successful. In 1965, barely two months apart, the Models 401 and 421 would have their first flights. The 401 was aimed at a direct 411 replacement and traded the 411’s sometimes cantankerous geared engines with much simpler direct drive engines, heavily reducing maintenance requirements and thus cost. The 421 beefed up the cabin and became Cessna’s first pressurized piston twin.

Both the 401/402 series as well as the 421 would go on to have storied careers, with nearly two thousand produced of both models. Though the 411 would close the line with comparably much fewer sales, it served as the springboard for some of Cessna’s most classic models.

Cessna 411 Insurance Cost:

Aviation insurance in general, is a very specialized industry and premiums vary depending on make and model of the aircraft, hull value, use of the aircraft, pilot history and qualifications and aircraft insurance rates even take into account the loss history of each specific make and model and the loss history of the aviation industry as a whole.

Cessna 411 insurance, like all aviation insurance, is broken down into 2 specific coverages. The first is Liability Coverage, which is standard on every aircraft insurance policy and the second is optional hull coverage, which covers damage to the aircraft itself.

Cessna 411 aviation liability insurance covers damage caused by the aircraft, outside of the aircraft, specifically property damage, bodily injury, and provides for legal defense in the event that the aircraft owner or policyholder is sued.

Aircraft liability insurance is typically offered for Cessna 411 ’s at $1,000,000 per occurrence (per incident) and includes coverage for passengers, but typically limits that amount to between $100,000 and $1,000,000 per passenger. Passenger liability coverage is included within the total liability coverage amount.

A real-world example of how this aviation liability coverage would protect you: If, as a result of operating your Cessna 411, you damaged property or caused bodily injury outside of the aircraft, you would have the full amount of total liability coverage to pay for damages that occurred, less the liability amount paid for passengers inside the aircraft. If the aircraft crashed and you had passengers inside the aircraft that were injured, your insurance policy would pay up to the policy passenger limit for each passenger.

This liability coverage also applies as a bubble that follows the aircraft around. If the aircraft is hangered, liability coverage extends throughout your hangar and it is this coverage that airports will typically require you to have. It’s not a separate insurance policy, it is actually coverage built into your standards airplane insurance policy.

Other liability options: Higher liability coverage on the Cessna 411 may be available to qualified pilots with experience in the make and model and a minimum Private License/IFR rating.

The second coverage on a Cessna 411 insurance policy is hull coverage and is an optional coverage. Aircraft hull insurance covers damage to the aircraft itself and is an agreed value, not subject to depreciation. Agreed value is decided during the initial insurance quoting process, the aircraft owner requests an insurance quote for his or her Cessna 411 and requests a quote including hull coverage in the amount of say $342,000. Once an aviation insurance company provides a quote, they are agreeing with you that your aircraft is worth $342,000.
*Insurance companies may place additional stipulations on quotes to prove the value of your aircraft prior to binding, if your agreed value is higher than bluebook.

Most aviation insurance companies do not offer deductibles higher than $0 deductibles, which means in the event of a total loss, if your aircraft was insured for $342,000, you would get a straight check for $342,000.

Cessna 411 Insurance Cost Breakdown:

As of January 2021, there are 8 carriers quoting Cessna 411 insurance in the U.S. We consider qualified pilots to have at least a Private License and IFR Rating, with 1,000 total hours, 500 multi-engine hours and 100 hours in the make/model.

For an annual policy with $1,000,000 in liability only coverage.
 Premium range for qualified pilots: $650-$1,100 per year.
 Premium range for less than qualified pilots (low-time/etc): $975-$1,350 per year.

For an annual policy with $1,000,000 in liability coverage and $342,000 in hull coverage
 Premium range for qualified pilots: $5,600-$7,800 per year.
 Premium range for less than qualified pilots (low-time/etc): $7,950-$15,700 per year.

BWI is a family-owned, nationwide insurance brokerage specializing in aviation insurance since 1977. Our dedicated Aviation Insurance Professionals are highly trained, hand-picked and experienced in helping Cessna 411 owners and operators obtain the very best insurance coverage.

BWI offers comprehensive Cessna 411 insurance policies for personal, business, charter, industrial aid, and commercial aviation uses.

For more information or to get an actual Cessna 411 insurance quote, please fill out a quote request online here or call us at 800.666.4359