Insurance For Seniors: Loyalty, Currency Matter
When we last looked at insurance for older pilots, the insurance market was in the midst of a soft market cycle, or at least we thought it was. Almost four years later, there are even more insurers than there were then. As the GA fleet in the U.S. continues to gradually shrink, there are more insurance dollars chasing fewer airplanes. As a result, rates and underwriting guidelines are even softer now than they were then.