Insurance Discounts For Safety Devices
Aggressive Aviation Insurance has announced it will offer up to a total of 15 percent off light aircraft insurance for aircraft equipped with certain kinds of modern safety equipment. The company says enhanced vision systems, seatbelt airbags and whole-airframe parachutes reduce risk factors in aviation and that should be recognized on the bottom line. "We believe that the aircraft owners who invest in certain proven safety equipment deserve credit, much like automobile insurers provide," said Aggressive's President, Richard Asprey.
The company says it will offer discounts on factory-installed or after-market systems. Few OEMs offer enhanced vision systems as factory options on small planes but companies like Max-Vis offer bolt-on systems that display infrared images of the outside world on the panel. The insurance company says such systems improve situational awareness and thus may prevent accidents. The other devices can reduce the insurance company's exposure by improving the chances of the occupants of aircraft involved in accidents.