What can be done to receive a lower premium quote from an aviation insurance company?
Below are a few responses of things that can be done to help lower the cost of your insurance premium. A. Do business with an agent or broker that as established relationships with individual insurance companies. Understanding how business is done in the aviation insurance world will help your cause. Premiums are determined on an individual risk basis meaning to say an agent will remit specific information about your aviation aircraft or operation to a company and receive quotations from the company on your behalf. Having an agent or broker that has established relations with a specific company can and often will make a lot of difference in your premium. B. Recurrent training in your make and model aircraft will most often make a difference in what is quoted. This is not much different that automobile drivers taking a driver’s education course. You should make sure to approach your insurance company about the company you are considering before obligating yourself to recurrent training.
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