Aircraft insurance cost for 2025

[jaylw314]

My annual post to update insurance cost.  I got a quote from Old Republic through AOPA's Assured Partners service for $2200.  $1M liability with $125k hull coverage.  This was after having a claim with them last year for some damage--my IA noticed on annual there was a big scratch under the right wingtip and aileron, which amounted to a $10k claim to repair (which OR was very quick to cover without hassles).  For reference, I have an IR and about 500 hours, and the plane is hangared.

[varlajo]

7 minutes ago, jaylw314 said:

My annual post to update insurance cost.  I got a quote from Old Republic through AOPA's Assured Partners service for $2200.  $1M liability with $125k hull coverage.  This was after having a claim with them last year for some damage--my IA noticed on annual there was a big scratch under the right wingtip and aileron, which amounted to a $10k claim to repair (which OR was very quick to cover without hassles).  For reference, I have an IR and about 500 hours, and the plane is hangared.

Not bad, especially after a claim. Mine is in the general vicinity of $3200 with 150K hull value and 250/2500 deductible. I have same hours as you, and the plane is hangared. No IR tho. 

[Paul Thomas]

I'm also with OR; quote came back at ~2350; $50 less than last year. Hull is 100k. This is my second year owning the airplane, IR and I need to check how much time I have. The airplane is hangared during hurricane season but I'm otherwise on a tie down.

I was disappointed that it was only a $50 decrease given I now have time in type and the overall market has been stable/ slight decrease in premiums.

[Pinecone]

If you are quoting rates, best would be to state your Liability cost, then your Hull and Value.

I just renewed my CAP-10 and @Parker_Woodruff was able to get me to 1 million smooth on the liability, same hull value and about $300 lower premium than last year (was with 100,000 sublimit).

[Hank]

On 3/6/2025 at 1:01 AM, Paul Thomas said:

I'm also with OR; quote came back at ~2350; $50 less than last year. Hull is 100k. This is my second year owning the airplane, IR and I need to check how much time I have. The airplane is hangared during hurricane season but I'm otherwise on a tie down.

I was disappointed that it was only a $50 decrease given I now have time in type and the overall market has been stable/ slight decrease in premiums.

A lot of it comes down to two things:  retract time, and time in type. There used to be a significant break at 100 hours--how many hours do you have?

[Danb]

Huge increase basically do to age, at least I’m insured for another. Hull insured for $650,000 $1,000,000 not smooth, increased from $5000 to $7250, now need yearly EKG, IPC it’s with Brown Ins. Realize I’m being ripped off but at least insured another year. I’m instrument rated 4,000 hours 3,800 Mooney hours and will be 77 this year. I’ll likely try another broker next year if they keep me I’d guess insurance will approximate 10 g’s next year. Never had a claim..

[Paul Thomas]

4 hours ago, Hank said:

A lot of it comes down to two things:  retract time, and time in type. There used to be a significant break at 100 hours--how many hours do you have?

410TT, 115 complex, 55 in type.