4. YOU the pilot is one of the biggest factors in your insurance rate.
Your record as a pilot plays an important role. Depending on how many hours you have in the particular aircraft you’re insuring, you could be paying the price for lack of experience in the eyes of the insurance company. Gaining time in the plane you’re insuring is crucial to proving to the insurance company that you’re a safe pilot with experience. The more experience you have in the sky, the less you’ll pay with your insurance premium. Having your instrument rating instead of basic VFR is leaps and bounds more preferable to keep your costs low. The more training you have as a pilot, the better it reflects on your rates.
