kaweeka
Well Known Member
I've heard of the rapidly rising premiums, but have never been warned in advance that I'll be getting fleeced. Got this yesterday from Global regarding my policy that expires the end of May.
"Global Aerospace would like to inform you of the following:
The conditions in the aviation insurance market continue to evolve as the industry works to quantify the impact of the claims being presented. As a result, the above-reference policy may be subject to a premium increase with respect to the upcoming renewal."
I already asked the fine folks at Arthur J Gallagher to start considering options but would appreciate any thoughts from those with expiring or recently renewed policies as to their experiences and choices.
David
"Global Aerospace would like to inform you of the following:
The conditions in the aviation insurance market continue to evolve as the industry works to quantify the impact of the claims being presented. As a result, the above-reference policy may be subject to a premium increase with respect to the upcoming renewal."
I already asked the fine folks at Arthur J Gallagher to start considering options but would appreciate any thoughts from those with expiring or recently renewed policies as to their experiences and choices.
David