• Online Account Log-In
  • Scott Sky Smith Blog – Sky Log
  • Privacy Policy
Scott Sky Smith Insurance

Tag Archives: NBAA

Don’t let your aviation insurance lapse!

Posted on March 30, 2023 by skysmith

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

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • More
  • Click to email a link to a friend (Opens in new window)
Posted in aircraft, aircraft insurance, aircraft ownership, airshows, Airventure, Aviation, aviation insurance, aviation market, aviation theme, Cessna, Cessna 172, Cessna 182 | Tags: aircraft, Aircraft insurance, Airventure, AMATEUR-BUILT AIRCRAFT, aviation, aviation insurance, Cessna, drone insurance, EAA, experimental aircraft, NBAA, Piper, sunnfun |

NBAA 2022

Posted on October 18, 2022 by skysmith

Opening day of NBAA IN Orlando Florida. A few photos before the crowds.

Keynote speaker list include Dale Earnhardt Jr. and Neil DeGrasse Tyson.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • More
  • Click to email a link to a friend (Opens in new window)
Posted in Aviation | Tags: aircraft, Aircraft ownership, aviation, aviation insurance, NBAA |

Renting or borrowing an aircraft?

Posted on December 7, 2021 by skysmith

Renting or borrowing an aircraft? Need insurance? Buy Renters Insurance from a leading underwriter. Have coverage in minutes. Go to this link, complete an online application skysmith.aeroinsure.com/DTM/US/PNO/App… @GlobalAerospace @TradeAPlane @SunnFunFlyIn @FlyingMusicians

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • More
  • Click to email a link to a friend (Opens in new window)
Posted in aircraft insurance, aircraft ownership, aircraft sales, airplanes, Airventure, Aviation, aviation insurance, Uncategorized | Tags: aircraft, Aircraft insurance, airplanes, airshows, Airventure, aviation, aviation insurance, NBAA, Sun N Fun |
Next Page »

Contact us

Call – (515) 289-1439

Fax – (515) 864-0334

Email: ins@skysmith.com

 

Wings, Wheels, Water YouTube Channel

subscribeSubscribe to my channel
«
Prev
1
/
7
Next
»
loading
play
Touch 'N Go - Liability
play
Touch 'N Go - Floats
play
Touch 'N Go - Cost (of Aircraft Ownership)
«
Prev
1
/
7
Next
»
loading

Twitter

Tweets by scottskysmith Follow @scottskysmith

Scott Sky Smith Facebook

Scott Sky Smith Facebook
Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
  • Sun N Fun
  • Don’t let your aviation insurance lapse!
  • Buying an airplane?
  • Heading to Sun N Fun?
  • Smith Miniplane Plans

CyberChimps WordPress Themes

© Scott Sky Smith
 

Loading Comments...