A recent post from insurance company Global Aerospace details what you should do if you are involved in an aircraft accident. It’s full of tips that can help all aircraft owners. What Can Trigger a Claim? Most aircraft insurance policies respond to two types of claims: Those that involve physical damage to the insured aircraft […]
Insurance
AIR opens applications for scholarships
Aviation Insurance Resources (AIR), an aircraft insurance broker based in Frederick, Maryland, is offering its Get into the Air aviation scholarship for a third year. Previous scholarship winners come from all walks of life, including an aviation museum director and ice skater working towards a private pilot certificate, a student pilot following in the footsteps […]
Triple A for aircraft owners launches
Insurance company Global Aerospace has launched a new Aircraft Breakdown Assistance program available to its U.S. light aircraft policyholders at no additional cost. Savvy Aviation, a professional maintenance management, consulting and breakdown assistance company for owner-flown general aviation airplanes, supports the program for Global Aerospace. A mechanical problem with an aircraft while away from home […]
What you need to know about aviation insurance
Nothing can take the joy out of being a pilot or aircraft owner like having an incident with your aircraft, then learning that it is not covered, or not sufficiently covered, by your aviation insurance. To avoid that one-two punch, it’s critical you understand what you need and what you’re getting when purchasing your aviation […]
USAIG adds free subscription to Sporty’s Takeoff App Pro with new aircraft policies
USAIG and Sporty’s have teamed up to include one-year subscriptions for two pilots to Sporty’s Takeoff App Pro (a $119.98 value) with all new Owner Pilot aircraft policies. Aircraft covered under the Owner Pilot category are general aviation aircraft piloted by the owner or an owner-associate, and typically used for a combination of pleasure and […]
New airport and hangar insurance offered in Florida
Stratus Risk Underwriters and Clear Blue Specialty Insurance Company have introduced a new product for airport property and hangar owners and renters in Florida. “The Florida property insurance market offers a limited number of options to the aviation community,” said Doug Gaudet, president and CEO of Stratus Risk Underwriters. “The state’s exposure to catastrophe losses […]
Your check ride ends in crash: What happens next?
By BOB MACKEY The designated pilot examiner (DPE) and student pilot were conducting a private pilot check ride. The DPE reported that, during climb-out, he retarded the throttle to simulate an engine failure. The student attempted to recover the airplane by lowering its nose to maintain controlled flight. However, the airplane descended. The DPE terminated […]
Aircraft insurance: Building and flying
By BOB MACKEY Whether you are building or flying, there are a few things you should know about aircraft insurance so you aren’t wasting your money and you have the insurance protection you paid for. During the building phase you have essentially two risks: Someone gets hurt while working on the project and the project […]
Name your price
By BOB MACKEY Wouldn’t it be nice if you could just call up any aviation insurance broker and simply tell them how much you want to spend and then they would arrange aircraft insurance for that amount? It would be simple, easy, and you could go on about the more important things in life and […]