Aviation Insurance & Financing

The True Cost of Stepping Up

If you go into the new purchase with multiple ratings and experience, the rates are lower and there is a larger selection of insurance companies for the agent to choose from. As always, get out your checkbook and remember, it’s only money! If you think you might want to move up, consider your options, and get a quote to help make an educated and informed decision.

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Claims Settlement: The Basics

In the overall claims process the first thing the claims depart­ment recommends (after pilot and passenger safety) is to secure the aircraft. This means making sure that it is out of the way, locked up or tied down (if possible). Don’t be surprised if it’s not always possible to do this right away. Sometimes this happens the next day, or by a friend, or the local FBO.

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