Insurance

ForeFlight unveiled its Insurance Fair Price Tool this week, offering aircraft owners increased transparency into what the company calls “one of the most opaque financial aspects of aircraft ownership.” The tool aims to help aircraft owners navigate the complexities of insurance pricing. According to ForeFlight, the Insurance Fair Price Tool uses anonymized insurance policy data […]

It’s a sometimes painful truth of aviation: If you want something done right you need to go to an expert. That goes for finding the right technician for the type of airplane you own, getting flight instruction in backcountry flying or buying life insurance.  For pilots seeking life insurance the scenario is a familiar one—you […]

I happened to run into Armando during my last visit to the pilot’s lounge at the virtual airport. He’s been around the aviation insurance world for some years, is a CFI and has a common-sense approach to the world. We had some of the lounge’s lousy coffee as we chatted and watched takeoffs and landings […]

A Dallas television station is the latest mainstream media outletraising the alarm about a common, some say necessary, tool used to register aircraft in the U.S., invoking the specter of criminals and terrorists using non-citizen trusts to hide ownership of aircraft. WFAA conducted an investigation last week and quoted sources like former FAA special agent […]

This week, AVweb‘s news roundup uncovered reports on acceptance for a new flying boat, a company’s 10,000th transponder delivery, an anniversary for an online ground school provider and an organization taking applications for an aircraft competition. The roundup also found announcements about an acquisition in the aviation lighting industry, a new aircraft maintenance pickup and […]

Perhaps another sign that it’s a buyer’s market for aircraft insurance, New Jersey-based insurer Global Aerospace is offering policyholders a breakdown assistance program as standard for piston-powered singles and twins. It’s called the Global Aircraft Breakdown Assistance program, partnering with Savvy Aircraft Maintenance. According to Global Aerospace, the program is the same one offered by […]

So how much would you have to be paid to intentionally ditch a perfectly serviceable airplane in the open ocean? Enough to buy a used SUV? We didn’t think so but Theodore Robert Wright III apparently thought it was worth the gamble and what makes his reckless behavior even more despicable is that he had […]

In the first documented incident of its kind in Canada, a Skyjet Aviation flight hit a drone while on approach to Jean Lesage Airport in Quebec City on Thursday. The aircraft suffered minor damage and no one was injured. Skyjet flies King Airs and Beech 1900s for charter and medevac. Canada’s Transport Minister Marc Garneau […]

There are only some 200,000 aircraft in the U.S.—there are more cars than that in a large town—so why any profit-oriented insurer would enter such a restricted market seems to defy logic. Yet, in the last decade, the number of aviation insurance underwriters has gone from the old, hard core of nine to 14, an […]

Many homebuilders are caught off guard by the often stringent training requirements and cost of insurance for the first year of flying coverage. A higher potential for loss drives insurance companies’ strict requirements, but with knowledge and planning, you can meet their conditions. Here’s some pre-completion advice to those of you still in the build […]