If you’re in the process of buying or if you currently own an aircraft, comprehensive insurance from an A rated reliable, established and trust worthy company is vital to your financial well being as an aircraft owner.

When you acquire a policy of insurance, you’re effectively transferring the risk of ownership and operation from yourself to the insurance company or ‘carrier’. A reputable and knowledgeable insurance agent/broker is the intermediary who stands between you and the carrier as you’re advocate to get you the maximum coverage at a minimum of cost.

Their failure to do that will usually cost them a good customer at or before renewal time, possibly diminish their reputation, both on and off line and even create an element of civil liability in extreme cases.

A reputable insurance broker will usually represent a multitude of carriers to enable them to shop for the very best rates while making sure the client is adequately protected, after taking the time to properly evaluate the clients’ individual needs. 

Aircraft insurance protects you from potentially huge losses and liability.  The insurance premiums you pay don’t have to be high and you should never compromise coverage to save a few dollars in premiums. A good insurance broker will ensure you have the best of both worlds; great coverage combined with reasonable and affordable costs. This is accomplished by ‘shopping the markets’ to make sure your getting maximum benefit from your insurance dollars.

Why Every Aircraft Owner Needs Adequate Coverage:

Unlike mandatory car insurance now in most every state, the aviation community has no state or federal regulations making aircraft insurance required. However, hangar/tie-down landlords and fixed-base operators (FBOs) often require that the owner of any aircraft situated on their property maintain an aircraft insurance policy to cover potential damage to their property or any civil liability that may extend to them through the ownership or operation of your aircraft. 

The notion we often hear ‘I don’t have a bank loan on my plane so I don’t need insurance’ is the biggest oxymoron out there. Certainly most anyone who can write a check for $100,000 or more for an airplane has assets that should definitely be protected, especially when aircraft insurance premiums are so comparatively low for straight liability (usually much less than auto).

Let’s face facts. We exist in the most litigious times ever. People find most any reason imaginable to sue, and there is no shortage of attorneys willing to take on the most frivolous of lawsuits, created by an atmosphere of ‘it’s less expensive to settle than fight’ sadly on the part of insurance carriers themselves.

What this means is do you really want to go ‘barefoot’ (a term coined for people who have elected not to maintain any or adequate coverage)? Before you make a decision that could truly be life changing, it would be wise to take a moment to see if even just liability coverage at a discounted premium, may be a good fit for your situation.

If another person’s property is damaged or someone is injured in an accident and you were at all a part of (flying/operating or not), you could be sued for damages and at a minimum incur  both legal expense and some very sleepless nights.

However, with adequate insurance coverage in place, you will be protected from having to pay any legal costs yourself and be shielded from any liability to policy limits and enjoy peaceful nights' rest - free from torment or worry.

Rest Easy - once coverage is bound

The risk and worry have been 'transferred' to the carrier!



IMPORTANT: No coverage is deemed bound until formally quoted, accepted by the carrier and premium deposit is paid.