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 from a flight school or flight instructor providing instruction. Most FBOs that have hangar leases require a Waiver of Subrogation from their tenants’ aircraft insurer. In many cases, a Waiver of Subrogation can be provided at no charge, however, it varies by insurance carrier and may be dependent on the pilot’s experience.
If you need to add a Waiver of Subrogation on your aircraft insurance policy or have any other aviation insurance questions, call the pilots and insurance experts at Aviation Insurance Resources (AIR) at 301-682-6200! If you are looking for an aircraft insurance quote with the broadest coverage at the best available rate, request a quote online today!
