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The aircraft insurance agency, based in Los Angeles and Anchorage, has released a Vans RV insurance guide, detailing the statistical risks involved with homebuilt airplanes and the kinds of policies offered for both student and private pilots. The name “Vans RV” comes from that company’s founder, Richard (“Van”) VanGrunsven, one of the pioneers of the DIY airplane kits industry in the 1970s.
More information can be found at https://bwifly.com/blog/vans-rv-aircraft-insurance-guide
BWI Aviation Insurance, a family-owned and operated firm since 1977, has issued the guide to help educate flying enthusiasts – or their loved ones – on the importance of insuring their airplane in the event of an expensive mishap. Approximately 85% of RV-12s, for example, are classified as “Light Sport” rather than “Experimental/Amateur-Built”, and from 1998 to 2017, there have been 500 RV aircraft accidents in the US – enough to highlight the practicality of carrying insurance.
Vans RV aircraft refers to the series of RV kits made available since 1973, from the RV4 – following the initial prototypes – through the RV14, all low-wing, aluminum planes until the latest model, the RV 15, the company’s first high-wing model built for back-country flying and landing. Metal aircraft are constructed using methods similar to those used for more traditional factory-built aircraft. If constructed from plans, they can be more difficult to construct – however, Vans RV does offer models that have been “pre-built” by its engineers.
BWI Aviation’s report notes that insurance for experimental, light sport, and home-built aircraft is not the same as insurance for any other kind of aircraft. The date the aircraft was built, whether it is hangered or tied, the pilot’s expertise with the aircraft or one comparable to it, and other details will be requested by aviation insurance firms.
Furthermore, the cost of the premium will vary significantly according to the type of aircraft, its hull value, its use, and the experience and qualifications of the pilot. For all types of Vans RV aircraft, BWI Aviation Insurance provides coverage – including legal liability coverage, which protects owners for damage that occurs “outside of the aircraft.” This specifically refers to any harm to people or property brought on by flying the aircraft.
One satisfied client last week commented: “Jackie did an amazing job over the past few weeks. I had to switch up a few items on my insurance, and it was done immediately. The most painless insurance process I have ever had.”
Interested parties can see more at https://bwifly.com/blog/vans-rv-aircraft-insurance-guide
Contact Info:
Name: Matt White
Email: Send Email
Organization: BWI Aviation Insurance
Address: 1481 Sunshine Circle, Corona, California 92881, United States
Phone: +1-800-666-4359
Website: https://bwifly.com
Release ID: 89081943