Insurance

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Vertigo8
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Insurance

Post by Vertigo8 »

Talking to operators that are getting insurance quotes back with up to 65% increase. Not sure if a lot of markets can handle the increase, may be a few closing the door.
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ahramin
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Re: Insurance

Post by ahramin »

Just got my renewal today, it's up 30%. Broker reports increases of 10 to 30 percent for all renewals.
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Vertigo8
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Re: Insurance

Post by Vertigo8 »

Is that commercial or private on your plane?
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DonutHole
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Re: Insurance

Post by DonutHole »

it is true. 5% per hull hike is the new normal. my fleet insurance doubled for less coverage and I need multiple providers to carry the liability.
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