5X5 Aviation Insurance provides fast, data‑driven liability and hull coverage tailored to pilots and aircraft owners. Customers receive a ballpark quote in minutes and can earn 5%‑20% discounts by sharing safety data such as training hours, association membership, and hangar maintenance.
Funding
Funding not disclosed
Founders
Product
Problem
Current aviation insurance is often expensive, slow, and opaque, with premiums set by arbitrary factors such as age rather than actual pilot safety or performance. Brokers act as intermediaries, adding complexity and limiting direct interaction between pilots and insurers. This makes it difficult for pilots and aircraft owners to obtain fair, timely coverage that reflects their safety record.
Solution
5X5 Aviation Insurance offers a direct‑to‑customer online platform that delivers liability and hull coverage within minutes, eliminating broker middlemen. Users answer a short questionnaire and receive a ballpark quote in one to two minutes, with firm quotes available after a full application in about ten minutes. The company customizes policies based on individual performance data—annual training hours, association membership, hangar maintenance, and optional flight‑data sharing—granting 5 % to 20 % discounts for safe pilots. Multiple liability limits (from $1 M to $5 M) and hull options are available without arbitrary age cutoffs. All policies are written on AM Best A‑ rated paper backed by the Fortegra Group, ensuring financial strength. Coverage spans light jets, turboprops, and modern piston singles and twins, with a growing list of states. The platform provides transparent pricing, real‑time quotes, and a simple online experience while rewarding safety with lower premiums.
Target Audience
Primary customers are private and commercial pilots and aircraft owners who seek liability and hull insurance that reflects their safety practices and want a fast, transparent, broker‑free purchasing experience.
Features
- Instant online estimate tool delivering a ballpark price in 1–2 minutes
- Full application process that generates firm quotes in approximately 10 minutes
- Data‑driven discount program (5 %–20 %) based on training hours, pilot association membership, hangar maintenance, and optional flight‑data sharing
- Multiple liability limits ($1 M–$5 M) and hull coverage options without arbitrary age restrictions
- Direct‑to‑consumer model with no broker involvement, providing transparent pricing and policy terms
- Policies underwritten on AM Best A‑ rated paper and backed by the Fortegra Group’s $5.4 B asset base
- Coverage for a wide range of aircraft, including light jets, turboprops, and modern piston singles/twins
- Expanding state availability across the United States, with a sign‑up option for updates