Finance, Taxes, Insurance
Aviation Insurance Premiums Continue Ascent
As the pendulum continues to swing further toward a hard aviation insurance market, business aircraft operators should plan on more premium increases.

As the pendulum continues to swing further toward a hard aviation insurance market, business aircraft operators should plan on at least a 10 percent to 30 percent increase in premiums this year at renewal, according to Aviation Specialty Insurance president Matt Drummelsmith. “There are a lot of factors that go into this, but the point is to not expect a reduction or even flat renewal.”