After years of soft premiums, the insurance market is turning harder. That means higher rates and insurability issues for aging pilots. Plus, your choice of aircraft can have serious ramifications for the cost and type of insurance coverage you can get—if you can even get the coverage you need. In this long-form video, Aviation Consumer’s Larry Anglisano discusses the issues with three insurance professionals.
Insurance Roundtable
Key Takeaways:
- The aviation insurance market is hardening, resulting in higher rates and potential insurability issues for pilots.
- Aging pilots are particularly affected, facing challenges in securing adequate insurance coverage.
- The specific aircraft chosen can have a significant impact on the cost and availability of insurance.
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