Helicopters changed the way the world operates. CEO’s can land on their corporate rooftops, fires are fought from above, and people enduring critical injuries can be transferred directly from the scene to the hospital in less
than half the time by road. Keeping these hard-working machines operating can be costly, so it’s important to find the best rates on your helicopter insurance.
Information is key. When shopping for helicopter insurance, your aviation insurance agent will ask several questions to provide you with a firm quote. This will help them provide an adequate picture of the risk to the underwriters and in turn, a fair rate.
- What is the purpose of use? Is this helicopter used for pleasure or for commercial use (sight-seeing, aerial survey, medivac)?
- Who are the pilots flying the aircraft? What ratings do they have and what is their flying experience? Do all pilots complete annual formal training?
- For commercial operations, what is the annual utilization of the aircraft? What is the typical passenger load and where does it fly?
The aviation insurance market is going through a period of hardening. After a decade of low rates, all the major insurance carriers are increasing their premiums a minimum of 10%. The largest impact has been on the rotorcraft industry. Therefore, it is important to work with an aircraft insurance broker who works with all the major aviation underwriters, like Aviation Insurance Resources (AIR). Jon Harden, president and founder of AIR is a helicopter pilot and only hires agents that are pilots. Their extensive insurance and aviation backgrounds will provide peace of mind and the best rates available for your helicopter insurance.
To obtain your insurance quote from an AIR insurance agent and pilot call 301-682-6200 or complete an insurance quote request online today!
