Q: I own an aircraft, but sometimes rent or borrow other planes. Does my owner’s policy include non-owned coverage?
A: 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 are not standardized, the terms of coverage vary by policy. Sometimes you may have to read several parts of your policy to determine to what extent you are covered for flying non-owned aircraft. The first place to start is in your basic policy under a section entitled “use of another aircraft”. Then look for an expansion endorsement for a broadening of coverage
Some policies include verbiage limiting non-owned coverage such as “if the Named Insured is one individual or one individual and a spouse”. If your policy is in an LLC, there may not be coverage for non-owned aircraft. From there, you will have to refer to the definitions pages of your policy to determine what qualifies as a named insured on your policy. Often, non-owned coverage extends only to the named insured(s) of the aircraft and not the other named pilots (non-owners) listed on the policy.
Q: What is a Breach of Warranty in aircraft insurance?
A: 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 terms were breached. For example, an unapproved pilot flies your aircraft an has an accident. Your insurance carrier could deny coverage based on breaching the pilot warranty. However, because your policy includes a Breach of Warranty to your lienholder, the bank would still be paid for their loan balance.
The insurance carrier assumes you made a 10% down payment on the aircraft purchase based on typical lending practices. Therefore, most Breach of Warranty endorsements for your bank only covers 90% of the declared value on the policy. This is often referred to as a “90% Breach of Warranty”. It is in the lienholder’s interest to have the entire loan covered, so they will pay special attention to the insured value to verify you have enough insurance to cover their loan.
Note: If the bank loan is paid under the Breach of Warranty endorsement the aircraft owner is still responsible for paying off the lien, which now belongs to the insurance company.
To meet the Breach of Warranty requirements on your loan, take the loan value and divide it by .9 to determine how much insurance coverage (hull value) you need.
Q: Can my friend fly my airplane?
A: Many airplane owners are generous enough to want to share their aircraft with their pilot friends.
There are several ways to answer this question, starting with the Open Pilot Warranty. Many policies have an open pilot warranty or an open pilot clause stating what pilots are approved to fly the aircraft. The warranty will state the minimum rating and hours required for a pilot to fly the aircraft without underwriter approval.
If a pilot does not meet the open pilot warranty or if the policy is written for named pilots only, it is best to prepare your friend’s pilot history to submit for approval to be a named on the policy.
Aviation Insurance Resources is happy to provide a form for the pilot to complete or take the information over the phone. Sometimes there can be an additional premium for adding another pilot. This can be due to pilot qualifications or an additional pilot surcharge and would be pro-rated if added mid-term.
Are there discounts for aviation memberships?
Safe flying practices can often lead to helpful discounts on your aircraft insurance! For example, some carriers offer up to 5% off non-owned coverage for those that complete a WINGS – Pilot Proficiency Program or phase prior to their renewal. Others offer discounts on owned aircraft policies when a WINGS phase or annual recognized training is completed. Aircraft organizations such as EAA and AOPA offer many training materials for a pilot to keep refreshed. By simply providing your member number you can gain access to special perks and discounts on your insurance policy.
The easiest way to save money on your aircraft insurance is to call the pilots and agents at Aviation Insurance Resources (AIR). AIR shops all of the major aviation insurance markets to ensure that you are receiving the best rate and broadest coverage on your aircraft insurance. From Cessna 150 to King Air insurance and flying club insurance or coverage for corporate aircraft, AIR has a competitive policy to serve all your needs.
Q: When will I receive my quote?
A: Agents at Aviation Insurance Resources (AIR) believe strongly in providing service with integrity, to whomever contacts us. There are two types of quotations we provide: initial (new business) quotes and renewal quotes for current customers. All of our agents are pilots so we understand your aviation insurance needs. Aviation is not just an industry we work in; it is a passion we live every day.
If you’re new to AIR, it is helpful to have some information handy on initial contact. First being aircraft information, such as N#, make and model, and the insured aircraft value you are considering. Next, flying history on the pilots that will be flying the aircraft is needed. This includes full names, age, and ratings. An estimate of flight times, specifically, total time and time in the make and model of aircraft being insured and time flown in the last 12 months will also be requested. If you are a member of AOPA or EAA we will take those membership numbers as well to provide any membership discounts or benefits.
Many aircraft with experienced pilots can be quoted the same day or within 24 hours. If it is a more complex or commercial risk it may take longer, specifically during the holidays or on weekends. AIR works with ALL the major aviation insurance markets (currently about 15). It can take time to obtain answers back from every market so that we can provide you aircraft insurance at the lowest cost and broadest coverage available. However, your agent will keep you abreast of recent updates on your file along the way.
For policies currently insured through AIR In order to obtain the best terms available for renewal, we get to work 90 days prior to your expiration date. This all starts when we send out a renewal update form to the insured. The renewal update form is quick and easy, it can be completed online within a matter of minutes with the pilot’s logbook handy.
With recent pilot information from the renewal update form, your AIR agent sets out to obtain quotes from all the markets that will provide a competitive quote for your coverage needs. About 30 days prior to the policy expiration date, you will receive your renewal quote. If you have any changes, questions, or concerns, contact your AIR agent immediately and they will be more than happy to assist.
Q: How do I read my aviation insurance policy?
A: Congrats! You have purchased your very first aircraft and obtained a low premium through Aviation Insurance Resources (AIR)! You are now provided with a 30+ page aircraft insurance policy, but don’t let it overwhelm you! Today, we will break down the important parts and what you need to know:
Declarations – After the cover pages of the policy (if applicable) are the declarations, essentially a breakdown of the coverages in your policy. Here you will find information on who the policy is issued to, the policy number and effective dates. The declarations also usually contain the liability limits of the policy, aircraft information, and the aircraft hull value if physical damage coverage was purchased. Any applicable deductible will be listed here along with when physical damage coverage is offered (Ground & Flight, Ground Not in Flight, or Ground Not in Motion).
Insuring Agreements – The insuring agreement section of your aircraft insurance policy lists the insurance carriers promises to you. This is what the insurance policy will pay in the event of a loss. This area summarizes the protection provided to you for liability, medical expenses and physical damage. It also goes over the defense provided if you were to become liable for injury to a person or property.
Conditions – Your obligations are covered under the conditions section of the insurance policy. These paragraphs list requirements for coverage to be provided. How to file and document a claim are described in the conditions of your policy.
Exclusions – This area of your policy is exactly the way it sounds. It lists what is specifically excluded from coverage in your policy. If your aircraft is for pleasure and business use only, you’ll often notice that operations for commercial use and hire are often listed under the exclusion area.
Definitions – Throughout your policy you will notice words highlighted in bold. This signifies that this word has a specific meaning to the insurance carrier and its definition within your policy. This section of the policy will define important words in your policy such as:
Insured – who qualifies as an insured under this policy?
In flight – what is required for the aircraft to be considered in flight?
In motion – what is required for the aircraft to be considered moving?
Passenger – who qualifies as a passenger?
Endorsements – Usually placed towards the end of your policy are endorsements specific to your particular aircraft policy. They contain information such as the pilots allowed to fly the aircraft and any training requirements, lienholder information if there is a loan on the aircraft, list any additional insureds such as an airport and special expanded coverages. These endorsements amend policy wording which can delete or greatly add coverage. For example, non-owned aircraft coverage is usually found within these endorsements.
If you have a question about an item in your policy or can not find something you are looking for, call the pilots and agents at AIR. We will walk you through it! AIR works with all the major aviation insurance carriers and each policy has its differences. It is our job to provide you with the broadest coverage and lowest rates.
Q: What are medical limits on my aircraft insurance policy? Isn’t bodily injury included in my liability section?
A: Much like an auto insurance policy, the medical coverage on an aircraft insurance policy is a coverage paid to anyone injured (including the insured) regardless of legal liability. This amount is generally used for emergency medical attention. It is not always necessary to buy additional medical coverage as third party bodily injury caused by the policyholder would be covered under the liability portion of the aircraft policy. In the case of pilot error, the liability limit applies. However, if a policyholder does not have their own medical insurance, they may decide to purchase higher medical limits in case of an injury.
Most insurance carriers offer medical payments at no additional premium while some do at a nominal charge. Aircraft policies used for pleasure and business or commercial use typically range from $3,000-$5,000 each person. Non-owned or renters insurance policies normally have $1,000 in medical coverage included with the option to increase for an additional premium.
Q: What insurance coverage is available for my aviation maintenance company?
A: There are a number of scientific principles that go into an aircraft to keep it in the air. Aside from aerodynamics and the physics of flight, there are actually people and companies dedicating their careers to keeping your aircraft flying. Those are the people at your local aviation maintenance center. And just like properly insuring an aircraft to protect your investment and liability exposures, aircraft maintenance facilities need the appropriate coverage to protect them from potential claims and financial hardship.
Any business can be liable for simple bodily injuries such as a slip and fall on the sidewalk to more dramatic bodily injury and property damage. Premises liability is first priority for aviation businesses such as aviation maintenance facilities. Premises coverage protects the company and the claimant in cases of bodily injury and property damage in and around the insured property.
Products /Completed Operations Liability
A client has a new engine installed and expects all to be in working order when departing with their newly upgraded aircraft. What happens if something were to go wrong? Completed Operations/Product liability provides protection for losses or injuries arising out of a service you provided or product you have sold.
Hangar Keepers Liability
Aircraft owners take comfort in placing their aircraft in capable hands; however, sometimes accidents do happen. Perhaps an employee moved an aircraft to fit another aircraft in the maintenance hangar and the aircraft suffered some hangar rash. Hangar Keepers liability insurance protects a maintenance shop from liability when a non-owned aircraft is damaged while in your care, custody or control whether for storage and repair.
Every maintenance shop needs a home base and a location to store valuable tools and equipment. Building and Contents insurance is exactly what it sounds like; it covers your structure and tools in the event of a loss.
Worker’s comp covers you in the event one of your mechanics is injured while on the job. An employee injury on the job can lead to costly medical expenses and loss of work. Aviation businesses such as maintenance shops, flight schools, FBO’s and corporate flight departments depend on aviation workers compensation insurance to properly safeguard the aviation related exposures of their business.
A proper safety and training plan in the workplace can reduce the chance of a preventable mishap and claim. Discussing your plan for training with your aviation insurance specialist can help you secure the best terms for your department.
Q: Does my insurance policy allow BasicMed?
A: An alternative for the aviation medical, BasicMed, requires a pilot to participate in an online medical course and complete a physical exam every four years. Per the FAA, additional pilot requirements include:
- Possess a U.S. driver’s license
- Have held a medical that was valid at any time after July 15, 2006.
- Is under the care and treatment of a physician for certain conditions
- Make certain health attestations and agree to a National Driver Register check
- Flight not operated for compensation or hire
Many pilots have asked us how this affects their aircraft insurance. Since requirements may vary from carrier to carrier it is important that you understand and follow the verbiage described within your policy. To date, some policies don’t mention a medical requirement where others use the terminology “when required” and “if required”. It is your duty as pilot and insured to thoroughly read your policy and call your aviation insurance agent with any questions.
Q: Does my aircraft insurance policy include aviation premises coverage?
A: Aviation premises insurance comes into play if a person becomes liable for property damage or bodily injury in connection with the hangaring of an aircraft. Aviation Insurance Resources (AIR) works with all of the major aviation insurance markets and a majority of them include premises liability automatically in their policy’s expansion endorsement. If it is not included, don’t worry! Aviation premises liability coverage can be added at an additional charge or you can start a separate liability policy for as little as $500 a year with limits of up to $5 million liability!
If you are a hangar owner, a hangar insurance policy protects the building, contents and may provide bodily injury liability coverage. Loss of business income, electronic equipment, tools, mobile equipment, fuel tanks and business personal property are additional coverages that can also be added. Coverage can even be issued even when the hangar is in the building stage!
Q: What is aviation manufacturer product liability?
A: Aircraft manufacturers, STC modification builders, avionics, instrument and interior manufactures are all at risk for product liability. If your company distributes or builds aircraft propellers, sheet metal, brakes, tires, lights, etc., it is important to look into product liability. Any business that is responsible for a component that ends up in an aircraft could be held liable in the event of a lawsuit.
Three types of risk
Not all aircraft products or manufacturers are alike. However, each share three types of risk in regards to their product:
Design defect – The complete line of products is inherently dangerous.
Manufacturing defect – The component falls short in being produced appropriately.
Failure to warn – The manufacture of the product did not provide substantial instructions and warnings on the correct use of the part.
An aviation manufacturer product liability policy will provide a defense in the case of property damage, bodily injury or the grounding of a fleet due to a product hazard. The aviation insurance specialists at Aviation Insurance Resources (AIR) are dedicated to protecting your business and its future. AIR will guide you through the insurance process to provide you with peace of mind as your company serves the aviation industry.
Q: I rent or borrow aircraft. How much physical damage coverage do I need?
A: The insurance companies will pay the owner of the aircraft for damage caused to an aircraft. Then, depending on the policy language on the aircraft, the insurance company has the option to collect for the damage from the legally liable third party. In other words, the insurance company can collect from you if you are the responsible pilot that damaged the aircraft through your legal negligence. This is called Right of Subrogation. Also, the owner can collect the insurance deductible and loss of use cost from you.
If you are a member of an equity type flying club, that is all pilots are real co-owners, then the insurance company probably cannot collect from the club member. If the flying club is more of a rental operation to non-owner club members, then the insurance probably can subrogate and collect.
Some flight schools pay additional premium to have a “Waiver of Subrogation”. This is where the insurance company agrees not to attempt collection from a renter pilot. Many flight school managers and club managers simply do not know what their insurance policy allows as respects the subrogation clause. You may have signed a rental agreement that states you must pay the deductible, with no mention that the insurance company will also collect from you.
As a CFI instructing an individual owner in his or her aircraft, then the insurance company has the right of subrogation to collect from you if you are at fault. In most cases, you can have the owner amend his insurance policy to provide a “Waiver of Subrogation” to you by name. There should be no premium cost or small premium charge for the owner. You should also request to be named additional insured, not just a named pilot or meeting the open pilot clause. Being named pilot or meeting the open pilot warranty simply validates the owner’s insurance for them. As the CFI, that does nothing to extend coverage to you unless you are also named additional insured and waiver of subrogation.
Most of our insureds do not actually anticipate the full value of the aircraft as a likely claim. This simply from a cost benefit point of view of premium. They figure a more likely scenario of partial damage such as hard landings, ground loops, gear ups, prop strike, etc. It depends on the type of aircraft you fly. We recommend carrying the most you can reasonably afford.
Q: Do you have insurance tips for transitioning to an advanced aircraft?
- Talk to your aircraft insurance professional prior to your purchase. Specialists like those at Aviation Insurance Resources (AIR) are knowledgeable in what the aviation insurance underwriters are looking for in a transition pilot. Our pilots and agents can advise you as to what is best to do before you commit to a new purchase.
- Anything is insurable for a price. However, for an easier transition for your flight training and your pocketbook, aircraft insurance underwriters prefer to see the following:
- Instrument rating
- Retractable gear experience
- Multi-engine time (as applicable to the aircraft being purchased)
- Turbine time (as applicable to the aircraft being purchased)
- Most aircraft insurance policies for cabin class twin or turbine aircraft require initial and recurrent training from a formal school. Developing your own plan for training and discussing with your aviation insurance specialist can help you secure the best terms for your transition and insurance pricing. AIR connects with a wide range of insurance companies for your individual situation and the transition plan can vary from company to company.
Since AIR represents all of the major markets in the aircraft insurance industry, it is a bit easier to approve a transition pilot than it has been in the past due to a more competitive industry. If you are exploring moving from your piston single to one of the following examples the tips above will be beneficial to you:
Mooney M20 Series
TBM 850 / TBM 900
Q: Why work with Aviation Insurance Resources (AIR)? What's in it for me?
A: Before most decisions are made, in one form or another, the decision-maker asks, “What’s in it for me?” Before you decided to purchase an aircraft, many questions whirled through your mind. But they all pointed back to how that purchase benefits YOU. With several aviation insurance brokers at your hands, how do you choose the agent that best fits your needs? Here’s what’s in it for you at Aviation Insurance Resources (AIR):
- Pilots Protecting Pilots – It’s not just a fancy tagline on our website. It’s truth. All the agents at AIR are pilots so we all share a unique experience and love for the air as our customers. We work closely with insurance underwriters to serve the needs of the pilot population. For example, AIR has led the industry in insuring unmanned aircraft (UAS/UAVs) and light sport aircraft (LSAs) with ease.
- Specialists – From non-owned to personal owned aircraft, from single-ship flight schools to corporate aircraft fleets, from workers compensation to event liability, we specialize in all things aviation. Not boats. Not cars. Not health insurance. Aviation insurance. We understand the nuances of aviation insurance and the details necessary to provide proper coverage.
- All Markets – To become appointed with an insurance carrier, aviation insurance brokers must go through a vetting process. This means meeting specific standards of practice and policy minimums. Not all agents have access to all these markets, but AIR does. These markets are all vying for your business therefore creating competition and keeping your aircraft insurance rates low.
- Choice – With AIR you are not married to one quote and one policy’s set of conditions. If you have certain specific needs (approved training facilities, lower open pilot warranty, higher limits) AIR can supply a more flexible policy by shopping all the aviation insurance markets. We can tailor a policy to you!
So, what’s in it for you? A team of dedicated, knowledgeable, pilots providing you with the broadest policy at the best available rates.
Q: Do I really need renters (non-owned) insurance?
A: The excitement of showing up at a flight school to learn something new or borrowing a friend’s plane for only the cost of gas can quickly be overshadowed if there is an accident. Often, pilots find out all too late that they may not be covered under the aircraft owner’s insurance. With annual premiums as low as what it may cost for an hour of an attorney’s time, non-owned aircraft insurance, often known as renters insurance, can offer peace of mind for both parties involved.
It is best to think of the non-owned aircraft insurance policy as a legal defense. Regardless of fault, a renter policy will provide the insured with a legal defense if they were to be sued. Often, non-owned policy premiums are lower than what it would cost to simply consult a lawyer. In addition, if the individual named in the lawsuit should become responsible for the aircraft owner’s deductible, renters insurance policies cover physical damage, along with damage to property or bodily injury.
The Aircraft Owner or Flight School
An important factor to a flight school’s success is keeping clients happy and often, chasing down an insurance deductible can put a kink in that relationship. Requiring aircraft renters to purchase non-owned coverage will keep both parties content if this situation were to occur. Even if the aircraft owner were not to seek the deductible from the individual responsible for damage, this does not stop the insurance company from pursuing compensation. Non owned insurance policies will protect the insured renter/borrower from subrogation.
Another important aspect of non-owned coverage is loss of use. Typically, flight school insurance policies do not cover the financial loss the business may incur while an aircraft is off the line. This is where the renter’s aircraft insurance policy steps in, protecting the company from potential financial loss.
Aviation Insurance Resources
As pilots and current aircraft renters and borrowers themselves, Aviation Insurance Resources (AIR) understands the value of renters insurance. That’s why they’ve provided a quick and easy way for flight schools to offer their renters and pilots to obtain renters insurance.
Non-owned aircraft insurance is now available to be purchased online directly through the AIR website! Through a premier partnership with Starr Aviation, AIR offers personal non-owned aircraft liability protection in standard, experimental, multi-engine and helicopter aircraft! Pilots can now sign up and pay for insurance in an easy and secure policy porthole, receiving instant binder confirmation. To start coverage, simply follow this direct link. This online method has made it simpler for flight schools to request their renters to obtain coverage as well.
Q: I own an aviation business. Do I need to carry workers' compensation?
A: Do you have one or more employees at your company? Did you know that you are required by law in most states to carry workers’ compensation insurance? Even if you contract workers, you may still be required by your state to cover their on-the-job risks!
Most states follow regulation recommendations provided by the NCCI, the National Council on Compensation Insurance. NCCI was established to gather industry data and use that date to provide annual reports and rate recommendations. States not following the NCCI manual may have their own fund with set rates or allow private companies to offer insurance, therefore promoting competition.
It is not uncommon for aviation businesses to run into aviation exclusions while seeking workers’ compensation insurance. That is why many companies depend on the agents at Aviation Insurance Resources (AIR). All AIR agents are pilots that are passionate about the aviation industry. AIR works with all major aviation insurance markets, finding your company the broadest coverage and the best available rates. Options like Pay as You Owe (PAYO) help business have more manageable and predictable audits.
The goal of workers’ compensation is to provide coverage for employee injuries at the workplace as well as litigation costs for the employer. Your insurance carrier will also work with your team to create a safer work environment, preventing future losses and therefore decreasing your premiums.
What do we need to get started? It’s very simple! Tell us a little bit about your operation and provide us with the number of full time and part time employees, their roles and their salaries. To request an aviation workers’ compensation insurance quote please call 301-682-6200 or request a quote online today! We look forward to serving you!
Q: Do you write LSAs (Light Sport Aircraft)?
A: Aviation Insurance Resources (AIR) was one of the first aviation insurance brokers to work closely with industry underwriters and sort through what was needed to properly insure light sport category aircraft. Initially, insurance rates were a concern as newly manufactured sport aircraft had higher hull values and many are built of lighter, composite material. In addition, the availability of spare parts in the case of a claim on a European built LSA was a concern.
Today, the insurance process is practically seamless for LSAs. AIR offers insurance solutions for homebuilt ELSAs during the construction process, for restoring vintage LSA qualifying aircraft, and insurance for renting or owning light sport aircraft. Time flies, and the light sport category is now well over a decade old and continues to grow.
Q: What aviation insurance discounts are available to me?
A: Flying safe can often lead to helpful discounts on your aircraft insurance! For example, some carriers offer up to 5% off non-owned coverage for those that complete a WINGS – Pilot Proficiency Program phase prior to their renewal. Others offer discounts on owned aircraft policies when a WINGS phase or annual recognized training is completed. Aircraft organizations such as EAA and AOPA offer many training materials for a pilot to keep refreshed. By simply being a member of these organizations you can gain access to special perks and discounts on your insurance policy.
Q: Is my homebuilt/experimental aircraft covered for its first flight?
A: Over a thousand hours of build time has gone into your aircraft. Many late nights out at the hangar and several seasons have passed, but the big day is finally here. Your pride and joy, your biggest accomplishment, is about to take its inaugural flight. Despite all your cross checks and due diligence, the nagging question is still in the back of your mind. Could something go wrong?
Many pilots mistakenly believe that there are no options for insurance coverage during the fly-off stage and settle for sub-par 3rd party liability programs. These programs do not include hull coverage, are limited in their available defense, have low property damage limits, and outdated policy language. While these programs are often the only option for non-registered aircraft, viable aviation markets offer the best coverage for the majority of homebuilt aircraft.
From RVs to the Sonex, whether you’ve built a SeaRey or a Glasair, Aviation Insurance Resources (AIR) has your first flight solution. AIR works with all the aviation insurance markets, therefore, offering many options for insuring your first flight risk. Your AIR agent will go over with you the terms of each option for the fly-off stage of flight. A majority of these policies include hull coverage and industry standard liability limits.
AIR also offers a builders and restorers insurance program, designed to protect the aircraft during the building or restoring stage regardless of pilot experience and qualifications. Customized with your needs in mind, this new insurance plan offers flexible liability and hull coverage options.
Q: Does my aviation insurance policy have a deductible?
A: When shopping for any medium of insurance, deductibles tend to be a top concern. Most insurance policies, whether for your car or medical insurance, contain some sort of deductible. Aircraft insurance policies can contain deductibles, too, but can be handled in a way that is different than the other policies you may be used to.
Fact 1: There is no such thing as a hidden deductible.
Some aviation insurance companies claim in their advertising that they have no hidden deductibles when the truth is that there is no such thing as a hidden deductible. Each carrier is upfront about these and since AIR believes in service with integrity, these are represented clearly when obtaining a quote.
Fact 2: Most light aircraft policies have a set deductible
Aircraft insurance premiums are based on pilot experience as well as the aircraft type and hull value. Currently, most insurance carriers have set or fixed deductibles, including many that offer $0 deductibles for all the aircraft they insure. In effort to streamline policy processing and market conditions, the majority of aviation insurance companies have eliminated deductible options.
Fact 3: There are two types of deductibles: In Motion and Not in Motion
Aircraft insurance policies contain two types of deductibles: those for claims that happen while the aircraft is in motion and those while it is not in motion. As the definition of “in motion” can vary, it is important to read the wording in the definitions section of your policy. Your deductibles will be clearly stated on the declarations page of your policy as well as on your quotation from Aviation Insurance Resources.
Q: Is my company protected while flying on business?
A: From a high level executive attending a board meeting to a salesman making a house call the next state over, general aviation offers efficient business trips without the hassle of extreme security, layovers and boarding times.
If a pilot flying his own personal aircraft on business and were to cause bodily injury or property damage, not only the pilot, but his company he works for, could be held liable. Large corporations charter jet and turboprop aircraft often for country-wide business meetings. If an accident were to occur, the victims and their families may hold your corporation accountable. Corporate non-owned aircraft insurance is a policy built to protect a corporation where employees may operate and/or be a passenger in an aircraft on company business. Corporate non-owned aircraft insurance offers businesses piece of mind when their employees and leaders travel via general aviation. Business owners have enough to worry about, so leave the non-owned corporate insurance to Aviation Insurance Resources (AIR).
Q: What is pollution liability insurance?
A: Pollution liability insurance covers you in the event of a fuel spill, covering cleanup, treating, detoxifying, and removal costs, as well as any potential lawsuits resulting from the spill. The cost to cleanup fuel spills can be very costly. And the resulting lawsuits can be even more disastrous. It is important to ensure you are properly covered.