5X5 Aviation Insurance launches direct-to-consumer coverage

(credit: 5X5 Aviation Insurance)

5X5 Aviation Insurance has launched direct-to-customer coverage to aircraft owners and pilots.

The company has five US states — Arizona, Delaware, Georgia, Illinois and Virginia — approved and effective for full coverage underwriting. It expects to secure all 48 contiguous states, as regulatory approval is granted.

Troy Kopischke, CEO and founder of 5X5 said: “By providing underwriting services directly to customers, we are able to make decisions immediately and provide customers choices on the coverage that best meets their needs. No more one size fits all. No more arbitrary age cutoffs. No inability to transition.”

5X5 provides multiple liability and hull coverage options, based on a customer’s record and needs, not on a blanket approach. 

The company focuses on light jets and turboprops like the Cessna Citation, TBM, Piper M-series, Beechcraft King Air and others, as well as modern in-production piston singles and twins from Cirrus, Diamond, Cessna and others.

5X5 also offers an instant estimate tool. In a few minutes, applicants answer questions about themselves, their aircraft and flying habits and get a ballpark figure. In as little as 10 minutes, they get detailed quotes with multiple hull and liability coverage options.

“5X5 – an aviation radio call that means loud and clear – is all about giving customers the service and multiple options they’ve been missing,” said Kopischke. “Anyone spending time around pilots hears – loud and clear – that the current aviation insurance process is broken, inefficient and archaic, which produces uncertain, even wacky underwriting decisions around qualifications, coverage and premiums. 5X5 is changing that.”