Airline insurance becomes more affordable with reduced crashes

airline insurance war risk policy

These companies will benefit from lower rates that are possible because the claims have become less expensive. For the third year in a row, the premiums for airline insurance are on their way down as the direct result of increased insurer competition and reduced incidences of crashes so that claims stay low. In fact, claims have fallen by a considerable 20 percent within the last year, making coverage less costly. According to a report from Aon Risk Solutions, the claims for airline insurance fell last year by 20 percent, to…

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