LRingeisen
Well Known Member
We are aware that many brokerages like to tout price as their selling point to choose them. The truth of the matter is, if you provide the same information to each broker, they will all get the same prices. This is because the insurance companies base their rates on the pilot(s) and aircraft. The insurance company does give a percent of the premium quoted to the broker for their services but it is not added on to the premium quoted. So if a broker advertises having the ?Lowest rates in the country? or an ?Exclusive program for Vans,? it just isn?t true.
So if you aren?t choosing a broker based off of price, how do you decide who to trust to be your advocate? Your broker should:
? provide the highest level of customer service
? have extensive knowledge about your aircraft
? know which companies are best for you AND WHY
? have a good relationship with the underwriters who handle your type of aircraft
? have the ability and intentions to advocate for you
? market your risk accurately (if a company purposefully manipulates your hours/information for a lower price, it puts you at risk.)
We?ve supported Vans Aircraft since 1998 and because of our dedication to making positive changes to how insurance is underwritten for them; we have become a leader in the industry. Our light aircraft office consists of ten customer service managers that can help you with anything from non‐owned aircraft to owner flown turbine. Three of us are dedicated specifically to Vans Aircraft and have become specialist for insurance on them. We take the time to visit the factory annually and attend events such as Oshkosh, Vans Homecoming, and Sun N Fun. We stay up to date with changes with the aircraft and the market.
Don?t be fooled with the gimmicks of brokers that don?t have anything to offer but price. If you choose the right broker, you?ll not only get a great price but a great value.
So if you aren?t choosing a broker based off of price, how do you decide who to trust to be your advocate? Your broker should:
? provide the highest level of customer service
? have extensive knowledge about your aircraft
? know which companies are best for you AND WHY
? have a good relationship with the underwriters who handle your type of aircraft
? have the ability and intentions to advocate for you
? market your risk accurately (if a company purposefully manipulates your hours/information for a lower price, it puts you at risk.)
We?ve supported Vans Aircraft since 1998 and because of our dedication to making positive changes to how insurance is underwritten for them; we have become a leader in the industry. Our light aircraft office consists of ten customer service managers that can help you with anything from non‐owned aircraft to owner flown turbine. Three of us are dedicated specifically to Vans Aircraft and have become specialist for insurance on them. We take the time to visit the factory annually and attend events such as Oshkosh, Vans Homecoming, and Sun N Fun. We stay up to date with changes with the aircraft and the market.
Don?t be fooled with the gimmicks of brokers that don?t have anything to offer but price. If you choose the right broker, you?ll not only get a great price but a great value.