Diminution of Value

Loss of aircraft value is not covered under the standard aircraft physical damage insurance policy. When an aircraft is damaged, the cost to repair the damage is often only part of the overall loss. Aircraft with a damage history will usually be worth less than a similar aircraft with no damage history. This loss of value is referred to as Diminution of Value. Diminution of Value is not a covered loss under a majority of aircraft physical damage insurance policies.

Contact us today and one of our highly experienced agents will be happy to listen to your needs and act on your behalf to help you get the right coverage at the right price.

You can reach us through our contact form here or by phone toll free at: (800) 999-1109.