Aircraft insurance guide

Cirrus SR20 insurance cost

Aircraft insurance is underwritten per risk rather than sold from a public tariff, so this page builds a planning range across the whole Cirrus SR20 line instead of quoting a price.

Experienced pilot, hull and liability$1,824 (€1,689) to $7,982 (€7,391) / year

Cheapest to insureCirrus SR20 G1

Variants compared3

Insuring a Cirrus SR20 costs approximately $1,824 (€1,689) to $7,982 (€7,391) a year for an experienced owner-pilot carrying both hull and liability cover. Almost all of that spread is hull value rather than anything about the airframe: the Cirrus SR20 G1 insures at $194k (€180k) and the Cirrus SR20 G6 at $540k (€500k). A low-time or newly rated pilot should budget roughly 1.6 times the experienced figure in any of them.

Cirrus SR20 insurance by variant

Annual hull and liability cover at an indicative hull value for each variant. Figures assume the aircraft is insured at the value shown.

Variant	Indicative hull value	Experienced pilot	Low-time pilot
Cirrus SR20 G6 2020	$540k (€500k)	$4,789 (€4,434) to $7,982 (€7,391)	$7,841 (€7,260) to $13,068 (€12,100)
Cirrus SR20 G5 2015	$378k (€350k)	$3,399 (€3,147) to $5,666 (€5,246)	$5,548 (€5,137) to $9,247 (€8,562)
Cirrus SR20 G1 2002	$194k (€180k)	$1,824 (€1,689) to $3,040 (€2,815)	$2,948 (€2,730) to $4,914 (€4,550)

What moves a Cirrus SR20 quote

Within a single model line the airframe risk is close to constant, so an underwriter is pricing two things: how much the hull is worth and who is flying it. That is why the range above is wide at the top and narrow at the bottom. It is also why shopping between variants to save premium rarely works out: the cheaper aircraft to insure is the cheaper aircraft, and the difference usually reappears in maintenance.

This model prices hull value, aircraft class, landing gear, pressurisation, seat count and cruise performance. It does not price 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 a claim on the pilot's record moves it the furthest.

Estimate your own premium

Prefilled with the Cirrus SR20 G6. Change the hull value to price another variant.

Insured hull valuefrom aircraft data

€

The agreed value the policy would pay for a total hull loss, normally close to replacement value.Base annual hull ratefrom aircraft data

Planning premium as a percentage of hull value before pilot and aircraft risk adjustments.Pilot experience factorfrom aircraft data

Use above 1.0 for limited total or time-in-type experience and below 1.0 only with broker evidence.Aircraft complexity factorfrom aircraft data

Use above 1.0 for retractable gear, turbine power, multi-engine or other higher-risk configurations.

Planning midpoint€5,500 / year

Indicative planning range€4,125 to €7,425

Common questions about Cirrus SR20 insurance

How much does it cost to insure a Cirrus SR20?

For an experienced owner-pilot carrying hull and liability cover, budget roughly $1,824 (€1,689) to $7,982 (€7,391) a year across the Cirrus SR20 line. The spread is driven almost entirely by hull value: a 2002 Cirrus SR20 G1 insured at $194k (€180k) sits at the bottom, a 2020 Cirrus SR20 G6 at $540k (€500k) at the top. These are planning ranges, not quotations.

Which Cirrus SR20 variant is cheapest to insure?

The Cirrus SR20 G1, at roughly $1,824 (€1,689) to $3,040 (€2,815) a year for an experienced pilot. Insurance tracks hull value closely, so within a single model line the older and less expensive the airframe, the cheaper the cover. That is not the whole ownership picture: an older airframe usually costs more to maintain than it saves in premium.

Does a low-time pilot pay more in a Cirrus SR20?

Substantially. Across this line a low-time or newly rated pilot pays roughly 1.6 times what an experienced owner-pilot pays in the same airframe. Pilot experience moves an aircraft premium more than any other factor a buyer controls, which is why the table above prices both.