How a pilot's age affects aviation insurance

Is your coverage up for renewal soon?

Here are a few things to keep in mind:

The higher the value of your aircraft, the more likely human subjectivity will impact your quote. While basic aircraft might receive an automated quote through an underwriting portal, a quote for more complex aircraft will usually require the oversight of a human. Unlike the software-generated quotes, these quotes are much less rigid, meaning you can and should try to negotiate your coverage and premium options. Discuss what alternative solutions are available.

If you plan to pursue your instrument rating sometime soon, consider completing it before your next renewal. Pilots who’ve completed their instrument rating check ride are more likely to see lower premiums.

Some insurers now require their pilots to complete formal, simulator training annually. This is a relatively new requirement, so consider making a training plan now to avoid any issues at renewal.

We love our older pilots, but we also recognize that advanced age comes with additional complications. Pilots aged 70 and older may discover limitations on what coverage and policies are available.

Your hull’s value changes over time as the market changes. Make sure to report the most up-to-date information to avoid over or under-insuring your aircraft. In some cases, increasing your deductible could offset the cost of a premium increase.