Aviation has suffered its downturns, but nothing like the rapid impact of covid-19 on world airline fleets. Thousands of aircraft are parked, as detailed in this video from the Ishrion Aviation YouTube channel.
After years of soft premiums, the insurance market is turning harder. That means higher rates and insurability issues for aging pilots. Plus, your choice of aircraft can have serious ramifications for the cost and type of insurance coverage you can get—if you can even get the coverage you need. In this long-form video, Aviation Consumer's Larry Anglisano discusses the issues with three insurance professionals.