Aviation insurance guru Tom Hauge from Wings Insurance is back, and this time, he’s got good news! After years of skyrocketing premiums, the insurance market is finally softening—meaning lower rates and fewer headaches for pilots and operators. Tom breaks down why this is happening, how you can take advantage of it, and what mistakes to avoid when renewing your policy. We also dig into contract pilot coverage, the risks of bush planes, and which aircraft are nightmares to insure. If you own or fly an airplane, you need to hear this one!
Connect with Tom on LinkedIn | Wings Insurance
Show Notes
0:00 Intro
2:47 Current Premiums & Softening Market
10:12 Plane Crashes & War Risk
25:13 Tips for Good Renewal Process
34:27 Having A Claim
41:41 Bush Airplanes
51:29 Cirrus Training
56:45 Terms to Know
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Tim Pope is a CERTIFIED FINANCIAL PLANNER™ and a pilot. His financial planning practice provides services to aviation professionals and aviation 401k plans. Tim helps clients pursue their financial goals by defining them, organizing & optimizing
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