Aviation Specialty Insurance Owner Insurance Programs
For those that have owned Enstrom’s in the past or for those looking to buy in the future, Aviation Specialty Insurance is working on owner insurance programs that will be tailored specifically to Enstrom and its models. We’re confident this program will be unmatched in the market, with the goal being to ease the burden of insurance when it comes to helicopters. Beyond the Enstrom-specific program, we have proprietary payment plans that further reduce costs and help with cash flow. Between market representation, payment plans, and Enstrom-specific products; our goal is to have one-stop shopping for any Enstrom purchase, from airframe to training to insurance. More on all of this in the weeks to come!
In the meantime, if you’re a current helicopter owner (of any make/model), here are a few key points that will go a long way in minimizing your premiums:
- Complete your pilot forms in great detail. This is especially true of nonprofessional/owner/operators. Every hour matters, and every training event matters. Make sure you include this detail as it may be the difference in rate and/or dual requirements
- Incorporate voluntary training. This would mean things like flying with a CFI every so often, attending courses/classes, adding a rating, and more. The more you can show a carrier you go ‘above and beyond on safety, the more that will translate in your rate and available coverage options
- Always check your hull value. Market conditions are in constant flux. This means values change rapidly. With the vast majority of your premium in the hull portion of your coverage, your insurance hull value must be accurate. If it’s overstated, you’ll be paying more than you should. If it’s understated too much, there could be a coverage gap.
For more information, call (888) 653-4440 or email Aviation Specialty Insurance.
Matt Drummelsmith has been the president of Aviation Specialty Insurance for more than a decade, and in the insurance industry for more than 16 years.
About Enstrom Helicopter
From Rudy Enstrom’s early designs in 1943 to initial testing in a Michigan Quarry in 1957 to aircraft operating on six continents, Enstrom Helicopter Corporation has maintained a reputation for safety, value and performance. Based in Menominee, Michigan and proudly made in the United States, Enstrom has a rich history for design innovation. The goal is to provide helicopters to the customer’s exact specification and deliver support and maintenance worldwide.