Blog Post: The value of an aircraft insurance appraisal depends on many factors. The appraiser will consider the overall condition of the aircraft, as well as any replacement cost for its parts. The appraiser may also consider unique elements of the design, such as its engine or avionics.

Aircraft insurance appraisals are not simply a matter of adding up the value of the aircraft parts. They need the experience and expertise of an accredited aviation appraiser who is intimately familiar with the aircraft's construction and value, as well as its current condition, history, and all maintenance and logbooks. Without a proper valuation, an owner or executor of an estate at risk of a large deficiency judgment may end up paying a large amount of money to settle a case that has a smaller value.