What happens if…my hangar collapses?

Not all aircraft insurance claims happen during flight or taxi. Sometimes, your aircraft can be damaged when it is tucked away inside the comfort of your hangar. Strong winds from a storm may cause the hangar to collapse or perhaps a fire is started from a lightning strike or an accelerant in a nearby hangar. Is your aircraft covered? What about the hangar?
The Aircraft
If you carry hull coverage on your aircraft insurance policy, you are protected if there is physical damage to the hull of your aircraft. Do you know what your aircraft is worth? Aviation Insurance Resources (AIR) offers a free and easy way to calculate an estimated hull value for your plane. Click here to get your free aircraft valuation and aircraft insurance quote to see that you are properly protected!
The Hangar
A hangar you rent: If you rent a hangar from the airport or city, they may request a copy of your insurance policy to confirm that you have liability coverage. In addition, many airports require the airport to be named as an additional insured on your policy. This is to protect them in case a claim was involved with your aircraft or at your hangar.
Occasionally, hangar owners will request that you have premises liability coverage. This covers bodily injury or property damage connected to the storage of your aircraft. It’s possible that you already have some hangar coverage included in your policy! Some insurance carriers automatically include premises liability coverage in your aircraft insurance policy. If not, it may be possible to add it by endorsement or a hangar liability policy can be started for as low as $500 annually.
A hangar you own: A hangar protects your aircraft and associated contents from the elements. As the owner of the hangar it is your responsibility to not only protect your aircraft and contents, but the people who enter or are around your hangar from bodily harm. A hangar insurance policy can protect your building and provide you with liability coverage.  Protection can also be purchased for loss of business income, electronic equipment, tools, mobile equipment, fuel tanks, and business personal property.
Covered while building: Are you building a hangar and concerned about the hard work going to waste in the case of a freak storm, or someone being injured in its vicinity? Hangar insurance policies can have you covered before your project is complete!
To get started on requesting a hangar insurance quote, complete a quick and easy quote form online here.
Aircraft in your Care
Hangar keepers policies protect you for liability from damage to aircraft under your care. This coverage will reimburse an aircraft owner for any damages to their aircraft that you may be liable for while it is in your possession.
Aircraft Hangar Insurance with Aviation Insurance Resources
Aviation Insurance Resources (AIR) is the one stop shop for all forms of aviation insurance. The pilots and aviation insurance experts at AIR keep up to date on the latest in the aviation insurance industry and how to best protect your assets and/or business. We are pilots protecting pilots, ensuring that your aviation insurance requirements are met. To get started, give one of our AIR agents a call today at 877-247-7767 to complete a simple and time-saving quote form online!