An endorsement added to an aircraft insurance policy protecting a non-owner pilot liable for aircraft physical damage is called a Waiver of Subrogation. In this endorsement, the insurance carrier waives their rights of recovery of loss payment from the responsible party. A Waiver of Subrogation is often requested by ferry pilots transporting the aircraft or…
Original article posted by Global Aerospace on October 29, 2018 The term “rotary-wing aircraft” refers to vehicles that use lift produced by narrow wings revolving around a mast to become airborne. These aircraft are also known as rotorcraft or more commonly as helicopters. Other aircraft like autogyros and gyrodynes fall into this category as well. In…
Non-Commercial aircraft policies often include insurance coverage for flying rented or borrowed aircraft. If you were liable for a claim for property damage, bodily injury, or physical damage to a non-owned aircraft, coverage may extend to that claim. (Physical damage coverage would only be covered if your owned policy included physical damage). Since aircraft policies…
A Breach of Warranty (BOW), also knowns as lienholder extended coverage, is more than a simple loss payable to the bank. It is a requirement by most aircraft lenders to be included in an aviation insurance policy. The Breach of Warranty is an endorsement that extends coverage to the lienholder in case your insurance policy…
The Haiti earthquake in 2010 deeply affected pilot Rodney Mullinax and his wife Jana. They knew they had to take an active role in the recovery of this devastated country. After prayer and consideration, the couple felt called to assisting missionaries that devoted their lives to assisting those in need. “Rodney had been flying since…
Following World War II, the years of 1948-1949 left a blockade in Soviet controlled Germany, leading many facing starvation in an already war-torn land. Aircraft from the United States and the United Kingdom joined forces in the Berlin Airlift, sending lifesaving supplies into the blocked off areas. At its peak, the airlift saw one aircraft…
Are you a current policyholder with T.H.E. Insurance? Worried about being given only one policy option? Unsure who actually represents you? …Now what? As a current customer of T.H.E. Insurance your policy is being non-renewed due to your current agent no longer representing the company. As we all know, pilots need options to keep our…
When borrowing or renting an aircraft, you may not be an insured on that aircraft policy, leaving you legally liable in the event of a claim. This is where aircraft renters insurance comes in, protecting you for claims for property damage, bodily injury, and damage to the non-owned aircraft. Many insurance brokers market this coverage…
Last weekend, Aviation Insurance Resources (AIR) was recognized as a Legacy Exhibitor at the Midwest LSA Expo. AIR has exhibited at this light sport expo continuously since its inception in 2008. Over a decade ago, AIR was the first paid exhibitor at this annual event at Mt. Vernon Outland Airport in Mt. Vernon, Illinois. This…
Thanks to a new partnership between T.H.E. Insurance Company and Aviation Insurance Resources (AIR), pilots still have a choice on their balloon insurance. Current T.H.E. clients will soon be receiving a notice of non-renewal due to the sale of the previous representing agency, but have no reason to be concerned. The pilots and agents at…
