Tag Archives: aviation insurance

Don’t let your aviation insurance lapse!

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Aviation insurance lapse?

Don’t let your aviation insurance lapse or expire just because you are not flying or the cost of your insurance. With the corona virus issues in the country, many pilots have parked their aircraft.  Which is fine in some cases, but it might not be the best for everyone.

There have been changes happening daily in aviation insurance underwriting for the last year or so.  One of which is the aviation insurance premiums are increasing.  We have see 10% to even 100% premium increases (depending on the plane and pilot).

But it’s not just the premiums increasing, the underwriting requirements are also changing.  Depending on your aircraft and your age, if you let your coverage lapse, you might not get quoted again. Aviation insurance is not an automatic renewal, you need to start over each year.

If you have a unique or low production aircraft you might have difficulty getting a company to quote the aircraft.

This is also especially important if you are close to 65 years old or older!  Make sure you contact us (or your broker) before you let your insurance expire.  There are aviation underwriters that will not quote new business for pilots older than 65.  Once you cancel or let a policy expire, you become “new” business. At that point, the insurance underwriter that you let expire does not have to take you back.

There are options to keep the coverage in place even if you are not flying.  You could keep ground not-in-motion coverage on the hull to protect it from fire theft and storms.  Or you can reduce the coverage to liability only.

The idea is to keep the policy in place and not have the risk of not being able to get coverage in the future.

Questions, contact SkySmith at – ins@skysmith.com or 515-289-1439

insurance lapse

The Cessna 337 Skymaster

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The @Cessna 337 #Skymaster. One of the coolest twin engine aircraft every built! Get all all the specs for all the #Skymasters. Get your copy @amazon @AmazonKDP @TradeAPlane @GlobalAerospace @SunnFunFlyIn @EAA @FlyingMusicians

Centennials for Fairchild, Travel Air aircraft at EAA AirVenture Oshkosh 2025

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Centennials for Fairchild, Travel Air aircraft to be celebrated at EAA AirVenture Oshkosh 2025

EAA AVIATION CENTER, OSHKOSH, Wisconsin — (February 26, 2025) — Two iconic aircraft types from the Golden Age of Aviation between the World Wars, Fairchild and Travel Air, will celebrate their centennial years during activities at EAA AirVenture Oshkosh 2025. The 72nd annual Experimental Aircraft Association fly-in convention is July 21-27 at Wittman Regional Airport in Oshkosh, Wisconsin.

The 100th anniversary year for each aircraft will welcome those airplanes to the AirVenture flight line, with additional programs and activities held in conjunction with the Fairchild and Travel Air type clubs. All owners of Fairchild and Travel Air aircraft are invited to be part of the centennial activities.

“Each of these aircraft companies were founded in 1925, but took very different paths through their histories,” said Rick Larsen, EAA’s vice president of communities and member programs, who coordinates AirVenture features and attractions. “Each of these aircraft types made unique contributions to the world of flight, especially the momentous era from 1920 until 1940.”

Fairchild Aircraft was founded in 1925 as a builder of aircraft stable enough for aerial photography and mapping. While the company created a significant number of civilian passenger airplanes in its first 15 years, it was during World War II that the company turned to military aircraft production, especially trainers and transports. It continued that focus through acquisitions of Hiller Aircraft and Republic Aircraft in the 1960s. Its final major production aircraft was the legendary A-10 Thunderbolt II, also known as the Warthog, from 1972 through 1984.

The EAA Aviation Museum currently has the oldest Fairchild aircraft in existence, a 1927 FC-2W model. It is in early American Airlines markings as it served as an early carrier after flying for Interstate Airlines.

The Travel Air Manufacturing Company’s short history was a partnership of three famous names in aviation history: Walter Beech, Clyde Cessna, and Lloyd Stearman of Wichita, Kansas. The three men were part of the Swallow Aircraft Company but in 1925, struck out on their own to create versatile biplanes in a 30-by-30-foot space in downtown Wichita. After some early success, the partnership separated with Stearman and then Cessna moving to their own businesses. The company was eventually absorbed into the Curtiss-Wright Corporation in 1929 and ended production in 1931 during the Great Depression.

EAA continues the legacy of the company with its Travel Air 4000, which is one of the oldest aircraft in the world offering passenger flights with its seasonal operations at the EAA Aviation Museum’s Pioneer Airport.

About EAA AirVenture Oshkosh

EAA AirVenture Oshkosh is “The World’s Greatest Aviation Celebration” and EAA’s membership convention. Additional information, including advance ticket and camping purchase, is available at www.EAA.org/airventure. For more information on EAA and its programs, call 800-JOIN-EAA (800-564-6322) or visit www.EAA.org.