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Regarding Premium calculation

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

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