COVID-19 Changed Many Things And Private Jet Travel Was Significantly Affected. Initially Air Travel Decreased But Soon A Resurgence In Private Jet Travel Became Apparent. Aviation Insurance Brokers Like BWI, Quickly Sought Out Private Jet Insurance Solutions To Ensure Jet Owners Were Properly Covered.
Jet Insurance Rates Will Be Impacted By
Travel Restrictions According To BWI
With standard commercial
air travel posing new
healths, private air travel is
on the rise.
Leading aviation insurance
broker BWI points to the
demand for private jet
insurance as an indicator that
this trend is here to stay.
Where the major airlines
saw economic disaster,
private jet pilots and fleets
saw an opportunity.
Leading aviation insurance broker
BWI noticed this trend as private
jet owners began to inquire about
whether they had the proper
coverage to step into the space of
this new demand.
Their observations were noted in
this article about the increased
demand and the effects on
private jet insurance, but can
best be summarized by BWI
owner Matt White.
In that conversation, White noted that "Aircraft
owners need to continue to pay their insurance
premiums actually led to steep discounts in
private air travel as they viewed some revenue
as better than no revenue due to a need to cover
their fixed costs like aviation insurance." With
private air tra
The growth of private air
travel seems to have the
ability to remain in place as
the economy opens back up.
Those rate increases were
expected to continue through
2021, but aviation insurance
experts are watching the
markets closely for any signs of
a shift.
About BWI Aviation
Insurance BWI has been at
the forefront of the aviation
insurance industry since
1977.
Family and veteran-owned,
BWI sources aviation insurance
solutions for every range of
aircraft from gliders, fixed wing,
jet aircraft, drones and more.
Contact Us At:
https://bwifly.com
Travel Restrictions According To BWI
With standard commercial
air travel posing new
healths, private air travel is
on the rise.
Leading aviation insurance
broker BWI points to the
demand for private jet
insurance as an indicator that
this trend is here to stay.
Where the major airlines
saw economic disaster,
private jet pilots and fleets
saw an opportunity.
Leading aviation insurance broker
BWI noticed this trend as private
jet owners began to inquire about
whether they had the proper
coverage to step into the space of
this new demand.
Their observations were noted in
this article about the increased
demand and the effects on
private jet insurance, but can
best be summarized by BWI
owner Matt White.
In that conversation, White noted that "Aircraft
owners need to continue to pay their insurance
premiums actually led to steep discounts in
private air travel as they viewed some revenue
as better than no revenue due to a need to cover
their fixed costs like aviation insurance." With
private air tra
The growth of private air
travel seems to have the
ability to remain in place as
the economy opens back up.
Those rate increases were
expected to continue through
2021, but aviation insurance
experts are watching the
markets closely for any signs of
a shift.
About BWI Aviation
Insurance BWI has been at
the forefront of the aviation
insurance industry since
1977.
Family and veteran-owned,
BWI sources aviation insurance
solutions for every range of
aircraft from gliders, fixed wing,
jet aircraft, drones and more.
Contact Us At:
https://bwifly.com