Industry News

May 2016 Issue

Aviation Insurance Market Scan: Shop Aggressively

Getting good coverage in an advanced step-up aircraft is easier and cheaper than ever. But if you’re a high risk, think twice before switching companies.

The market for aviation insurance continues to be soft—perhaps very soft. There are simply too many aviation insurance companies offering to sell policies, relative to the number of aircraft owners looking to buy them. And each of these too-many companies is trying to keep the customers it has, and to grow by taking customers away from one of the other companies.

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