Overview:
The Piper Twin Comanche is a low-wing, twin-engine, retractable gear aircraft manufactured by Piper Aircraft. The Twin Comanche was first introduced in 1963 and over 2,100 Twin Comanche have been built. The Twin Comanche is basically a twin-engine version of the Piper PA-24 Comanche and was designed to compete with the Cessna 310 and Beech Baron.
The Piper Twin Comanche holds 3-5 passengers, cruises at 178 mph and has a range of 1,200 miles. The Twin Comanche was built with turbo-charged engines in later models, which gave it better performance at higher altitudes.
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 industry as a whole.
Piper Twin Comanche insurance, like all airplane 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.
Twin Comanche aviation liability insurance covers damage caused by the aircraft, outside of the aircraft, specifically property damage, bodily injury. Aircraft liability insurance is typically offered for Piper Twin Comanche aircraft at $1,000,000 per occurrence (per incident) and includes coverage for passengers but limits that amount to $100,000 per passenger, which is included within the total liability of $1,000,000.
A real-world example of how this aviation liability coverage would protect you: If while flying your Twin Comanche and damaged property or caused bodily injury outside of the aircraft, you would have the full $1,000,000 in coverage to pay for damages that occurred. If the airplane crashed and you had passengers inside the aircraft that were injured, your insurance policy would pay up to $100,000 for each passenger. The Twin Comanche typically holds 3 passengers, so you up to $300,000 of your total $1,000,000 insurance policy could be used to pay for passenger liabilities, leaving you with $700,000 for other damage outside of the aircraft or legal defense.
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 Twin Comanche might be available depending on pilot qualifications and aircraft use.
The second coverage on a Twin Comanche aircraft 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 Twin Comanche and requests a quote including hull coverage in the amount of say $46,000. Once an aviation insurance company provides a quote, they are agreeing with you that your aircraft is worth $46,000.
*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 $46,000, you would get a straight check for $46,000.
Twin Comanche Insurance Cost Breakdown:
As of February 2020, there are 5 carriers quoting Twin Comanche insurance in the U.S. We consider qualified pilots to have at least a Private license, IFR/MEL rating with 1,500 total hours, 500 Multi-Engine-Land, 500 Retractable gear and 25 hours in the make/model.
For an annual policy with $1,000,000 in liability only coverage.
Premium range for qualified pilots: $850-$1,050 per year.
Premium range for less than qualified pilots (low-time/etc): $1,100-$1,375 per year.
For an annual policy with $1,000,000 in liability coverage and $46,000 in hull coverage
Premium range for qualified pilots: $1,975-$2,380 per year.
Premium range for less than qualified pilots (low-time/etc): $2,990-$3,860 per year.
For more information or to get an actual Piper Twin Comanche aircraft insurance quote, please fill out a quote request online here or call us at 800.666.4359
-The BWI Team
