Aviation Insurance - The Basics
You should begin shopping around for aviation insurance at least
six months before you are going to need it. Whether you are
purchasing a new aircraft or fixing up a new one, you are going
to need airline insurance. Start by checking around with friends
who own planes to see which agency's they recommend, and
checking out insurance plans different agencies have to offer.
After you narrow down you're choices you will want to call the
agency's and watch out for a few things. Be careful of an agency
that you have to call more than once, or that puts you on hold
for a long time, because this could be a sign of what business
with them will be like in the future. You also want to listen
carefully to see how much knowledge this company has about
flying and insurance. If the person you are talking to seems to
be guessing at some of the answers they are giving you, go with
your gut and check it out for yourself. If you find some of
there answers were false, it's a good idea to look to another
company. Now that you have finished investigating different
agencies, you can make your decision on a company and an agent.
You should make your decision at least 90 days before you need
to purchase insurance. You should ask your agent to get quotes
for you on different plans and then 30 days before you need the
aircraft
insurance, you should have everything basically planned out.
In the next 30 days you can fix any little details you need and
ask different questions to your agent to make sure everything is
planned out to fit your needs. As soon as you are satisfied you
can ask you agent to start purchasing your insurance.