Cirrus Insurance Cost
Cirrus aircraft insurance is available for experienced pilots, Student pilots, and transition pilots. Cirrus airplanes are known for their modern design and advanced avionics, as well as their innovative Cirrus Airframe Parachute System (CAPS). The modern safety features make Cirrus airplanes some of the safest and most popular personal aircraft flying today.
Cirrus certified training programs are highly valued by aviation insurance companies. Completing make and model specific Cirrus airplane training can improve safety and help pilots qualify for preferred Cirrus insurance rates and terms. For most pilots, certified training or Cirrus Standardized Instructor Program (CSIP) training is required to obtain coverage and can significantly reduce your annual premium.
Our aviation insurance specialists can help tailor your Cirrus insurance policy to fit your specific aircraft. Preferred insurance rates are available for Cirrus SR20, SR22, SR22T, and Cirrus SF50 Vision Jets. Travers Aviation Insurance works directly with the major aviation insurance carriers to obtain the most competitive Cirrus insurance quotes available.
Cirrus insurance cost can vary depending on pilot experience like total flight time, make and model time, and whether the pilot has completed CSIP or factory training. A well-qualified pilot completing recurrent training can expect the best rates and broadest coverage terms. For instance, a qualified pilot operating a Cirrus SR22 may pay an annual insurance cost of around $4,600 for both liability and hull insurance. VFR pilots or pilots with less flying experience operating higher value Cirrus models may face a higher insurance cost. Depending on risk factors, annual Cirrus insurance cost can rise to $12,000 or more. Our Cirrus insurance specialist agents can place affordable policies with top-rated carriers quickly and professionally. As a rule of thumb, the cost to insure a Cirrus aircraft can run less than 1% of the value of the aircraft for an experienced IFR rated pilot. Pilots with less experience or with different risk exposures can pay more. Cirrus insurance cost will also depend on the aviation insurance market.
Cirrus aircraft are equipped with advanced avionics, safety features, and modern technology designed to reduce pilot workload and increase situational awareness. Modern avionics, combined with autopilot, make Cirrus aircraft highly insurable. The inclusion of the CAPS has also helped improve underwriting confidence and lowered insurance costs over time.
Some of the insurance companies will offer discounts for club memberships. For example AIG, Old Republic, and QBE will all offer discounts for AOPA membership. Some of our insurance companies will offer discounts for COPA, Cirrus Owners And Pilots Association, membership and training. EAA, Experimental Aircraft Association, membership can help in some cases too.
Whether you’re purchasing a new SR aircraft or insuring your Vision Jet, our aviation insurance specialists can secure preferred rates and quick quotes. Travers Aviation Insurance has decades of experience working with Cirrus aircraft owners and can help you find the best balance between cost, coverage, and convenience.
Contact us today for a personalized Cirrus insurance quote and discover how Travers Aviation Insurance can help protect your investment at the best possible rate.
