Major aviation insurer to offer rate reduction

November 16, 2007

AIG Aviation Inc., as the aviation underwriter for the member companies of American International Group Inc., is recognizing the improving general aviation safety record by offering significant rate reductions on a large number of GA aircraft types.

“An improved accident picture allows us to offer lower rates on many GA aircraft,” said Carson Lyons, assistant vice president for AIG Aviation. “And those aircraft where we’ve seen the best experience will see the greatest reductions in rate.”

Lyons noted that while not all aircraft will see rate reductions and certain state restrictions may apply, many GA piston aircraft owners could see savings.

For more information, see the AOPA Insurance Agency Web site.