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Improved aircraft safety records help lower aviation insurance premiums
As the economy and fuel prices force pilots to look for ways to lower the cost of flying, there is good news on the aviation insurance front.
Recognizing the improving general aviation safety record on a large number of GA aircraft types, aviation insurance underwriters are offering rate reductions. While not all aircraft will see rate reductions, and certain state restrictions may apply, many GA piston aircraft owners could see savings.
“An improved safety record with a significant decrease in accidents allows underwriters to offer lower rates on many GA aircraft,” said Brenda Jennings, branch manager and senior vice president of the AOPA Insurance Agency. “And those aircraft that have seen the best experience will see the greatest reductions in rates.”
Now would be an opportune time to shop the market for lower rates, and the AOPA Insurance Agency can quickly quote the right policy at the best price for your unique needs. Call toll-free 800/622-AOPA (2672) to speak with an aviation insurance specialist today, or visit the Web site.
June 24, 2008
