Why Is Aviation Insurance So Expensive (And What Can We Do About It)?

Aviators are upset and angry at the skyrocketing cost of aviation insurance, and some accuse the insurance companies of profiteering and greed. Not so, says Thomas P. Turner; they've actually been losing their shirts on GA for the past few years, paying out a good deal more in claims than they've been getting in premiums. Tom should know he's not only a pilot, CFI and aircraft owner, but also a former insurance underwriter for AOPA. He explains why premiums are going through the roof, and suggests several strategies for keeping your insurance costs under control.

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