Insurance Market Stable, But Rates Could Change
Insurance premiums for helicopters continue to remain at low levels, even for more riskier operations such as firefighting.
Insurance premiums for helicopters continue to remain at low levels, even for more riskier operations such as firefighting.

Most of us have a love/hate relationship with insurance; we hate paying the premiums but if something goes wrong, we love having someone else who was willing to take the risk resolve many of the headaches. Across the U.S. aviation industry, there are so many insurance companies willing to shoulder the risks that the premiums remain at low levels even for the riskier helicopter segment. In a world of wildly fluctuating fuel prices and increasing personnel expenses, the prolonged soft insurance market and its resulting low premiums provide operators a small measure of stability and relief.