BWI Aviation Insurance (800-666-4359), a leader in the aviation insurance industry since 1977, has updated its guide with vital information for new and potential airplane owners.
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In the excitement of shopping for a new airplane, people often forget to include insurance costs in their plans until after the purchase is made. In addition, many new owners do not understand that getting insurance for their new airplane will differ greatly from buying insurance for their car. This updated guide is intended to help owners understand airplane insurance complexities that might affect their decision about which type of aircraft to purchase.
More information is available at https://bwifly.com/blog/the-5-best-airplane-insurance-tips-for-new-owners
Because of the high cost of aviation insurance, some pilots consider self-insuring their plane. The latest update to this guide explains why carrying full insurance will give the owner peace of mind about liability for themselves and their passengers as well as any repairs that might be needed to the airplane.
This step-by-step guide provides the five most important airplane insurance tips that new aircraft owners need to consider. It advises potential airplane owners to get in touch with a professional aviation insurance broker early in the shopping process, preferably before they have signed anything.
The guide adds that a broker can recommend which insurance company fits their client based on the coverages offered and the types of insurance they specialize in. The right broker will advocate for their client after completely evaluating the client’s skill and experience, as well as the aircraft make and model.
Insurance companies may have different rate levels based on the pilot’s training and the type of aircraft. The broker can explain these complexities and the optional add-ons that can protect the owner’s costly investment. The right policy will cover liability for bodily injury, property damage, and legal defense, and an owner may choose an add-on for hull coverage to take care of damage to the aircraft itself.
Founded in 1977, BWI has been a leader in providing competitive insurance rates to pilots and airplane owners. The company has a history of meeting the needs of various aviation communities, from helicopters to gliders to multi-engine turbine aircraft. Their upgraded technology means they can provide customers with the latest, cost-effective rates in the industry and top-notch service.
A spokesperson for the company stated, “What makes us different? Our office is open 12 hours a day, our team is hand-picked, well-trained, and every single customer has their own dedicated Aviation Insurance Professional.”
Interested parties can find more information at https://bwifly.com/blog/the-5-best-airplane-insurance-tips-for-new-owners
Contact Info:
Name: Matt White
Email: Send Email
Organization: BWI Aviation Insurance
Address: 1481 Sunshine Circle, Corona, California 92881, United States
Phone: +1-800-666-4359
Website: https://bwifly.com
Release ID: 89077062
