Daher TBM and Socata TBM insurance cost
TBM insurance premiums are influenced by a range of factors unique to the aircraft and pilot. The aircraft’s specific model, hull value, and operational use are some starting points, but underwriting decisions also consider pilot experience, flight training, and base location. Insurance costs can vary significantly depending on whether the aircraft is flown primarily for personal travel, business use, or owner-flown corporate missions.
The TBM series, known for its speed, efficiency, and reliability, occupies a special category in the insurance market. As a high-performance turboprop, the TBM requires proficiency and training to keep pilots sharp and risk levels low. Many aviation insurance underwriters require certified and approved training, along with recurrent courses through programs such as SIMCOM or CAE. Completing this training can lead to preferred underwriting terms and premium savings of 10% to 20%.
At Travers Aviation Insurance, our specialists work with leading underwriters to match each TBM owner with coverage tailored to their aircraft and experience level. We regularly place TBM insurance policies for models such as the TBM 700, TBM 850, TBM 900, TBM 910, TBM 940, and TBM 960. Our volume of business and long-standing relationships with underwriters help us secure preferred rates and quick quotes for both seasoned aviators and pilots transitioning into turbine aircraft.
TBM insurance costs typically range from below 1% to 2% or more of the insured hull value annually for experienced, well-trained pilots. For example, a TBM 850 valued at $2.5 million could cost between $15,000 to $52,000 per year, depending on the insurance market, pilot history, and coverage limits. A newer TBM 960, valued closer to $5 million, could cost between $25,000 to $100,000 annually depending on the pilot, use, and the aviation insurance market at the time.
Underwriters look closely at several key elements when determining rates: total flight time, hours in make and model, recurrent training, claim history, and how the aircraft is operated. Pilots with over 2,000 total hours and at least 200 hours in a TBM are typically rated with the lowest TBM insurance cost.
At Travers Aviation Insurance, we make the process simple and efficient. Offering quick quotes, tailored coverage options, and aviation insurance specialist guidance. Whether you’re a long-time TBM owner or upgrading into your first turboprop, our team can help protect your risk with the best available insurance terms.
