In all honesty this is a good topic for you to discuss one on one with your insurance broker - as he or she knows your profile/risk best. The bottom line is you own the airplane (either through an LLC or other entity). Own = Owner

I think this topic has also been beat up a bit in the past so a quick search might yield some previous posts or explanations.

I agree with this, but rather than the insurance companies raising premiums or even worse, not writing the policies all together; why not increase standards?

The CJ4 that went down in the lake had obvious shortcuts to pilot training. The Phenom 100 that crashed into the house had obvious shortcuts in training. What baffles me, is why don't the insurance companies require owner pilots to go to FSI are CAE or any other notable school and get their type ratings instead of taking the short cut training? Or require recurrent training every 6 months (like 121) until you have 200 hours. FSI and CAE don't want people drilling holes into the ground on their watch and won't pass their type ride unless they are up to standards.

Raising the standards would cut the losses and/or create a barrier for owner pilots that are not committed.

In all honesty this is a good topic for you to discuss one on one with your insurance broker - as he or she knows your profile/risk best. The bottom line is you own the airplane (either through an LLC or other entity). Own = Owner

I think in MBA school they call this a market opportunity.

The market contours exist at the point where demand meets a reasonable outcome, not the best achievable one.

You sure about this? I've heard the contrary when it comes to owner pilots and it is a common perception among the pro ranks that the schools are more lenient in such cases.

I think in MBA school they call this a market opportunity.

The market contours exist at the point where demand meets a reasonable outcome, not the best achievable one.

I wonder how many of these owner pilot jet crashes were trained at FSI or CAE (I know 2 weren't)?

I've scratched my head about some pro pilots making it through FSI too, but FSI "relaxed" standards are probably still higher than "joe's Citation type rating." The first time an Owner/Pilot crashes after being trained at FSI, the relaxed standards will come to an end.

The problem with owner pilots is not their skill but their personality and judgement.

Owner pilots are disproportionately Type A, high-drive, goal oriented folks who are used to bending the world to their will. They also have a lot riding on the outcome of many flights (be those financial or personal goals). Every flight is a balance of risk and benefit - when you put your hand on the benefit scale, you get more crashes.

There's no way to train away the biases of a pilot for whom the plane is a tool to accomplish his personal goals.

I wonder how many of these owner pilot jet crashes were trained at FSI or CAE (I know 2 weren't)?

I've scratched my head about some pro pilots making it through FSI too, but FSI "relaxed" standards are probably still higher than "joe's Citation type rating." The first time an Owner/Pilot crashes after being trained at FSI, the relaxed standards will come to an end.

The problem with owner pilots is not their skill but their personality and judgement.

Owner pilots are disproportionately Type A, high-drive, goal oriented folks who are used to bending the world to their will. They also have a lot riding on the outcome of many flights (be those financial or personal goals). Every flight is a balance of risk and benefit - when you put your hand on the benefit scale, you get more crashes.

There's no way to train away the biases of a pilot for whom the plane is a tool to accomplish his personal goals.

Yes but requiring 2-3 weeks of training will filter those guys out. The decision NOT to take a training shortcut in itself indicates they have better judgement and decision making related to aviation. Those that are committed and do the proper training, will likely be able to make better judgement.

Ultimately, it still provides an insurance market for these higher hull values to those that are committed.

I think so but he was a pro pilot.

I’m referring to insurance companies specifically allowing owner pilots to take training shortcuts for these higher valued hulls, owner pilots crashing, then no longer providing an insurance market for owner pilots that are committed to training.

So what else would you do for the company? If nothing then yes that might work if all you did was fly the craft from A to B day in and day out and did nothing else for said company. If you are CEO, Janitor or employed by the company in any other capacity - then no - the insurance underwriter views you as a non-professional pilot. It is what it is....there is really no way to rub the reality any other way which changes the insurance perspective. Right, wrong or indifferent.

You sure about this? I've heard the contrary when it comes to owner pilots and it is a common perception among the pro ranks that the schools are more lenient in such cases.

So what else would you do for the company? If nothing then yes that might work if all you did was fly the craft from A to B day in and day out and did nothing else for said company. If you are CEO, Janitor or employed by the company in any other capacity - then no - the insurance underwriter views you as a non-professional pilot. It is what it is....there is really no way to rub the reality any other way which changes the insurance perspective. Right, wrong or indifferent.