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How the Insuarnce Marketplace Works

Do you get frustrated when you call for a quote on your aircraft insurance only to find out the market has been "blocked"?

The US general aviation market place is very unique because it is so small. Look at these statistics and compare them to the huge auto and homeowners market:

  • Civil aircraft - 224,000 (est.)
  • Insurance Companies - 15
  • Aviation Insurance Agents - *Hundreds! (everyone wants to get into aviation)

*Note: for many of these agents, aviation is only a sideline to other types of insurance, and they don't have full access to all markets.

If agent "A" submits your quote request to the insurance markets, and then you contact agent "B" to obtain additional quotes, agent "B" will be "blocked" from getting a quote from the same markets. This handful of aviation insurance companies will only provide one agent with a quote. They have to do this out of sheer defense of their administrative overhead. Further, not all companies will quote all risks and not all agents work with all markets.

Unlike auto policies, not all aircraft insurance policies are created equal……and neither are aviation insurance agents!

That's why we are "Warning" you to call AIR first. You can still take advantage of AIR service and experience, even if you've already contacted another agent, especially if you feel you're not getting the attention you deserve. If you prefer to work with AIR, you can provide us with an "agent of record" letter. This letter authorizes the companies previously approached by another agent to release your quotes to your agent of choice, AIR. We are aviation insurance specialists and pilots with combined experience of over 160 years in aviation. We have access to all the markets. We know what is important to you. We work for you to find the best coverage at the lowest possible rates for the type of flying you do.

 

Aircraft Insurance and Aviation Insurance Product Leaders

P.O. Box 32  Frederick, MD 21705-0032 - Toll Free: 877-247-7767  Fax: 301-682-9793

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