Bellanca Viking Aircraft Insurance
Did you know that the later-model Viking aircraft are based on a tail wheel Bellanca Cruisair? The Viking was manufactured in Minnesota and named the Viking in honor of the Scandinavians in the area. The first Vikings were built in the 1960s. Since then, the Viking has been proven a safe, reliable, and fast mode of transportation. The Continental and Lycoming engines, coupled with standard airframe, help insurance underwriters make simple underwriting decisions. The standard features of the Viking along with the long history of safety make Viking airplane insurance cost affordable and easy to obtain.
Bellanca Viking insurance cost is calculated based on several factors. The cost of repairs is a significant one. Fortunately, parts are generally available and easy to come by for the Viking line of aircraft. The pilot flying the aircraft is also considered by insurance companies. Students or low time Private pilots will generally pay more for insurance than IFR rated pilots with Viking experience. A major factor in calculating the cost of Bellanca Viking insurance is the hull value of the aircraft. A Viking with a higher time engine and outdated panel will generally be valued less than a Viking with a new engine and updated panel. In many cases, an updated Viking can have a hull value of two to three times more than other Viking aircraft.
The Bellanca Viking is unique and requires an aviation insurance broker who understands both the aircraft and the aviation insurance industry. As an aviation insurance specialist, Travers Aviation can make Bellanca Viking insurance simple and inexpensive.
It is important to carry Bellanca Viking liability insurance. Aviation liability insurance can help with bodily injury and property damage in the event of a covered loss. Most airports will require Bellanca Viking liability insurance. Hull insurance is used in a covered hull loss to help with damage to your Viking. In the event of a covered hull loss, hull insurance policies can help with repair costs or (in some cases) with a total loss. Bellanca Viking insurance is available through the major aviation insurance companies in the industry.
Deductibles for Bellanca Viking insurance policies are typically low compared to other lines of insurance. Many times, a $0 deductible policy will be available. In some cases, Viking insurance policies will have two deductibles. One deductible would apply for a not-in-motion loss. The other deductible would apply for an in-motion loss. The in-motion deductibles are generally higher than a not-in-motion deductible.
It is important to make sure your Viking insurance policy is tailored to your use of the aircraft. If you are using your aircraft for your own personal pleasure and business travel, the policy should state the appropriate use. If you use your Viking for Part 135 charter or other uses the policy should be worded accordingly. Please check your insurance policy to make sure your use is a covered use.
