Here is the factors that have an impact on the premium of an aviation insurance policy:
- the type of aircraft or helicopter
- the aircraft value
- the aircraft age
- How many engines and horsepower on the aircraft
- the number of seats
- the aircraft landing gear (wheels, skis or floaters)
- Where the aircarft is parked
- The amount of liability insurance required
- The pilot's experience and training
- What the aircraft is used for