Why Insurance Just DOUBLED — You Haven’t Had a Violation Since 1998 скачать в хорошем качестве

Why Insurance Just DOUBLED — You Haven’t Had a Violation Since 1998

The letter arrives in the mail. You open it expecting the usual renewal. Instead, you see a number that stops you cold. Your premium has doubled. Not increased. Doubled. You call your broker, ready to argue, ready to point out that you haven't had so much as a speeding ticket in decades, let alone an aviation violation. And then you hear the words that make no sense: it doesn't matter. This video is about why insurance rates for pilots are spiraling out of control, even for the safest, most experienced among us. It is about a system that no longer cares about your individual record because the math has changed. And it is about what happens when the numbers stop adding up for people who did everything right. We break down the forces driving this crisis. The first factor has nothing to do with you. It is fleet-wide. The entire pilot population is aging, and insurance is a game of statistics, not sentiment. When a generation of aviators crosses a certain age threshold, the calculators spit out higher numbers. Not because you are unsafe. Because the data says the group you belong to has more claims. You pay for the average, not the exception. The second factor is aircraft values. The same four-seat single you bought twenty years ago for cash is now worth multiples of what you paid. Insurance does not care that you own it outright. It cares about what it would cost to replace if something happens. As hull values climb, so do premiums. Your careful flying does not change the replacement cost. The third factor is the maintenance crisis. Shops are backlogged for months. Parts are delayed. Labor rates have skyrocketed. When an accident happens, the repair bill is higher than it has ever been. Insurers spread that cost across every policyholder. Your perfect logbook means nothing against a system-wide increase in claim payouts. The fourth factor is the legal environment. Lawsuits that once went nowhere now find traction. Juries award sums that defy reason. Insurers settle cases they used to fight because fighting costs more. Those costs flow directly back to your renewal notice. The fifth factor is simply capacity. Fewer insurance companies are willing to write aviation policies at all. The ones that remain have no incentive to compete on price. They can charge whatever they want because the alternatives are vanishing. Your loyalty, your clean record, your decades without a claim—none of it matters when there is nowhere else to go. We also examine what you can actually do about it. Spoiler: shopping around rarely helps because the same math applies to every carrier. Reducing hull coverage might lower the premium but leaves you exposed. Raising deductibles shifts risk but does not solve the underlying problem. Joining a group or club policy can spread the cost, but only if the group itself has favorable stats. This is not a story about bad pilots. It is about a system that has stopped looking at individuals. You can be perfect and still get priced out. The only question is whether aviation will remain affordable for the people who built it. All content on this channel is produced independently and falls under the principles of Fair Use (Section 107, U.S. Copyright Law) for purposes like analysis, education, and visual reference. If you're a creator and would like your footage removed, feel free to reach out by email — I'm happy to cooperate.