Aircraft insurance is underwritten per risk rather than sold from a public tariff, so this page builds a planning range instead of quoting a price.
Hull value insured$270k (€250k)
Experienced pilot, hull and liability$3,407 (€3,155) / year
Liability only$200 (€185) / year
Insuring a 2002 Cirrus SR22 G1 at a $270k (€250k) hull value costs approximately $2,658 (€2,461) to $4,430 (€4,102) a year for an experienced owner-pilot carrying both hull and liability cover, a midpoint of about $3,407 (€3,155) or 1.26 percent of hull value. A low-time or newly rated pilot in the same aircraft should budget $4,325 (€4,005) to $7,208 (€6,674). Liability-only cover, which leaves the airframe uninsured, runs around $200 (€185).
Premium by pilot experience
Annual hull and liability cover at a $270k (€250k) insured value. Pilot experience moves an aircraft premium more than any other factor the buyer controls.
Pilot profile
Annual planning range
Midpoint
Percent of hull
Low time or newly rated Private certificate, limited total time and little or no time in type
$4,325 (€4,005) to $7,208 (€6,674)
$5,545 (€5,134)
2.05%
Experienced in type Several hundred hours total with meaningful time in this make and model
$2,658 (€2,461) to $4,430 (€4,102)
$3,407 (€3,155)
1.26%
High time, instrument rated High total time, instrument rating and annual recurrent training
$1,503 (€1,392) to $2,507 (€2,321)
$1,928 (€1,785)
0.71%
Premium by aircraft year
Hull value drives most of the premium, so the year you buy changes what you pay to insure. Figures assume an experienced pilot.
Model year
Indicative hull value
Annual planning range
2001
$258k (€239k)
$2,550 (€2,361) to $4,250 (€3,935)
2002
$270k (€250k)
$2,658 (€2,461) to $4,430 (€4,102)
2003
$282k (€261k)
$2,766 (€2,561) to $4,609 (€4,268)
What moves a Cirrus SR22 G1 quote
Against a plain fixed-gear training single, this aircraft carries a risk loading for a 180 kt cruise, which underwriters treat as high performance. That loading is already applied in the tables above.
Time in type matters more than total time. Underwriters price the first year after a move up to a faster or more complex aircraft as the highest risk an owner will present, which is why a year-one premium is often the largest one an owner ever pays and why it falls once the hours accumulate.
What this estimate does not price
Four factors are deliberately excluded because PlaneFit does not hold verified data for them, and approximating them would make the number look more precise than it is:
Landing gear type. Retractable gear is one of the largest single loadings an underwriter applies, and it is not recorded per model in our database yet.
Claims and incident history. Both the pilot record and the model-wide loss record.
Basing and storage. A hangared aircraft is normally cheaper to insure than one tied down outside, and premiums vary by region.
Use. Instructional, rental, club and commercial operations are rated separately and cost considerably more than private use.
Liability only against hull and liability
Liability cover pays for damage this aircraft causes to other people and their property. Hull cover pays for the aircraft itself. Liability alone for this class costs around $200 (€185) a year, which is why headline figures quoted in isolation look so low. Adding hull cover on a $270k (€250k) airframe takes the total to roughly $3,407 (€3,155). The question is not which is cheaper, it is whether losing the airframe outright is a loss you could absorb.
Adjust the assumptions
Opened on the Cirrus SR22 G1: a $270k (€250k) hull value and the base rate and complexity factor this model uses. Change any input to test your own case.
Planning midpoint€2,970 / year
Indicative planning range€2,228 to €4,010
Common questions about Cirrus SR22 G1 insurance
How much does it cost to insure a Cirrus SR22 G1?
For an experienced owner-pilot insuring a 2002 Cirrus SR22 G1 at a $270k (€250k) hull value, budget roughly $2,658 (€2,461) to $4,430 (€4,102) a year for hull and liability cover together. A low-time or newly rated pilot in the same aircraft should plan for $4,325 (€4,005) to $7,208 (€6,674). These are planning ranges, not quotations.
Why might a real Cirrus SR22 G1 quote come in higher than this?
This model prices hull value, aircraft class, pressurisation, seat count and cruise performance. It does not price landing gear type, avionics fit, claims history, where the aircraft is based and hangared, or instructional and commercial use. Any one of those can move a premium substantially, and gear type in particular is one of the largest single factors an underwriter weighs.
Is liability-only cover worth considering on a Cirrus SR22 G1?
Liability-only cover for this class of aircraft runs around $200 (€185) a year, against $3,407 (€3,155) with hull cover included. It removes the hull premium entirely, which is why it appears in so many published price comparisons, but it also means you carry the full $270k (€250k) loss yourself. It is a decision about whether you could absorb writing the aircraft off, not a way to make ownership cheaper.
How much of the Cirrus SR22 G1 annual running cost is insurance?
At roughly $3,407 (€3,155) a year against a $32k (€30k) fixed annual base, insurance is about 11 percent of the fixed cost of ownership. It is already included inside the fixed annual figure shown on the ownership cost page, so it should not be added on top.
How these figures are built
PlaneFit is not an insurer, a broker or an agent, and nothing on this page is a quotation, an offer of cover or insurance advice. The figures are produced by a published model: a flat liability premium for the aircraft class, plus a hull premium calculated from the insured value, a class base rate, a pilot experience factor and a complexity factor derived from pressurisation, seat count and cruise speed. The model is calibrated so its output reproduces the premium ranges specialist aviation brokers publish for the models where those ranges are public.
Use it to budget and to compare one aircraft against another. Before committing to a purchase, get comparable quotes from at least two specialist aviation brokers, because underwriters price each risk individually and the market hardens and softens from year to year.
