In 2004 the introduction of the Light Sport Aircraft (LSA) category opened new opportunities for the aviation community. Limited to two seats and a maximum speed of 120 knots, light sport aircraft do not require a medical, making it the perfect solution for aging pilots. The lighter aircraft also promised an inexpensive opportunity for students to make their aviation dreams come true with a minimum flight time of only 20 hours to become certified.
Quite a few vintage aircraft meet the conditions required under this new category, such as Piper Cubs and Aeronca Champs but many aircraft manufacturers jumped at the opportunity to market new state-of-the-art sport aircraft featuring modern avionics and complete aircraft parachutes. New aircraft emerged in both the standard and experimental LSA categories to include Flight Design, Remos, and RANS.
Aviation Insurance Resources (AIR) was one of the first aviation insurance brokers to work closely with industry underwriters and sort through what was needed to properly insure light sport category aircraft. Initially, insurance rates were a concern as newly manufactured sport aircraft had higher hull values and many are built of lighter, composite material. In addition, the availability of spare parts in the case of a claim on a European built LSA was a concern.
Today, the insurance process is practically seamless for LSAs. AIR offers insurance solutions for homebuilt ELSAs during the construction process, for restoring vintage LSA qualifying aircraft, and insurance for renting or owning light sport aircraft. Time flies, and the light sport category is now well over a decade old and continues to grow.
AIR understands the budgeting needs of aircraft owners and aviation business operators, because they are pilots, too! Serving fellow pilots for over 18 years, AIR shops all the aviation insurance markets to obtain the best rate and broadest policy coverages. To obtain a light sport aircraft insurance quote call 301-682-6200 or visit www.AIR-PROS.com to complete a quote request today!
