3 ms·
Does anyone use this data to calculate the insurance price for General Aviation (small private jets)?
by artembugara 7y ago
Does anyone use this data to calculate the insurance price for General Aviation (small private jets)?
- adsbx-james 7y agoYes and No. It has been attempted by a company in the UK, that would raise your rates of you fly in conditions that they deem risky. I think market is so niche and unprofitable that this large data analysis is seem as an unneeded expense for underwriting.
- AWildC182 7y agoI definitely see things going in this direction eventually however. They've been trying to push it with cars for a while now, doing it with aircraft is trivial by comparison
- artembugara 7y agoCan I get more info about this case? What exactly did they do?