3. What airplane are you insuring?
The type of aircraft including make and model you have will play a big factor in how much you pay for insurance. When you are insuring a widely produced plane such as Cessna 172 or 150 which are popular, the volume of airplanes in the sky can provide statistics for issues that can come up and cost the insurance company money to fix. Insurance companies need the data provided by the statistics of accidents and crashes to more accurately provide you the calculation for cost to keeping your aircraft flying. The more modern amenities in luxury airplanes also add to the cost of insurance because replacing every piece of equipment is a factor.
