Archive for the ‘Light Aircraft’ Category
Top 10 Factors That Affect Aviation Insurance Premiums
The cost of aviation insurance, like all insurance, is driven by risk factors. The higher your risk of being involved in an incident, the higher your insurance premium will be. The good news for aircraft owners and operators is that there are steps you can take to show the underwriter reviewing your insurance application that you pose a lower risk. In doing so, you can “earn” a better insurance premium.
8 Frequently Asked Questions About Light Aircraft Aviation Insurance
Having the right aviation insurance is important for light aircraft owners. Just as important, however, is having an in-depth understanding of what your policy provides and what it does not.
Why Light Aircraft Insurance Premiums Are Rising
As light aircraft owners are aware, premiums have been on the rise in recent years, with most seeing anything from modest to significant increases. This article explains what is driving these increases and why they have been necessary to ensure that owners are properly protected in the event of damage to their aircraft.
Important Considerations About Aircraft Hangars
Whether you are an individual owner or a large operator, properly storing and protecting your aircraft is essential to maintaining the value of this asset and ensuring it continues to operate at peak performance. Consequently, it is important that you consider your options for hangaring an airplane before you acquire it.
Aviation Insurance Guide: A Resource for Owners and Pilots
Aviation insurance is a product that is absolutely crucial to aircraft owners and pilots, but may be confusing. Ensuring that you have the right insurance requires that you understand the…
ADS-B and Light Aircraft: Are You Ready?
Automatic Dependent Surveillance – Broadcast – or ADS-B – is a new way to manage air traffic in which properly equipped aircraft automatically self-report their position using the global positioning…
What You Need to Know About Seaplane Insurance
As any seaplane pilot will tell you, flying seaplanes provides a tremendous sense of freedom. In areas with numerous bodies of water, the fact that you can land on and…
What Happens if My Aircraft is Involved in an Accident?
We all realize that there is risk involved in owning and operating an aircraft. Comprehensive aviation insurance policies afford substantial protection from that risk. We hope you’ll never face a…
Non-Owned Aircraft Insurance: What Pilots Need to Understand About This Critical Coverage
You’ve rented or borrowed an aircraft and an incident has resulted in damage to the aircraft itself, bodily injury to another person or damage to the property of others. Did…
FAA BasicMed Rule Frees Pilots to Fly. Are You Ready?
Earlier this year the FAA put into effect what is known as the BasicMed rule. BasicMed is part of legislation passed by Congress to extend the FAA’s funding. The regulation relieves pilots of having to hold…
