Private Aviation Insurance Market
Changes With COVID-19 Trends
Corona, CA Release January 25th,
2021 Private aviation has
witnessed a boost as a result of
COVID-19 and trends in aviation
technology pose an opportunity to
make it affordable for all.
BWI Aviation Insurance owner
Matt White breaks down the
trends on private aviation and
the impact on the private
aviation insurance market.
At the onset of COVID-19, the
commercial aviation industry
took a massive hit as families
and individuals postponed or
cancelled non-essential air travel
in large numbers.
A California based aviation
company looks to disrupt that
entire market with a private
aircraft that can drastically
reduce the per hour operating
cost of private travel.
BWI Aviation Insurance
owner Matt White explained
the impact to his customers
on their latest blog post.
"What Otto Aviation hopes to
do with their Celera 500L
aircraft really would change
the game" said White.
"We are seeing more and more interest in plane
owners looking to step into the private aviation
insurance market" said White, "And as far as
insurance goes, more is typically better for
most involved." If the cost of private air travel
rivaled that of a commercial airline, it would be
an obvious cho
White encourages any pilots or plane
owners considering a step into the
private aviation insurance market to
reach out to an experienced broker
to ensure they are properly covered
before they start ferrying passengers.
If the current trends hold,
private aviation insurance will
be a major part of the future
of private aviation in America.
About BWI Aviation
Insurance BWI has been at
the forefront of the aviation
insurance industry since
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