What does Aviation Insurance cover?
Our aviation insurance specialists will customize an insurance plan for your business. Coverage may include:
• Physical Damage – can help cover the cost of repair or replacement of your aircraft, its tools, and related equipment if they are damaged or destroyed. This can be purchased for ground risks only (in motion or not in motion) as well as in-flight risks.
• Scheduled Aircraft Liability – can cover injury and property damage to third party caused by your aircraft operation of specific aircraft listed in your policy.
• Temporary Substitute Aircraft Liability – can extend third-party liability insurance to a temporary substitute aircraft (of a similar type to the one you’ve insured).
• Non-Owned Aircraft Liability & Damage – can extend third-party liability insurance and property damage to aircraft that you do not own. There are often limitations on the type and weight of the aircraft as well as the number of passengers on board (if it carried any).
• Hangar & Contents Liability – can cover damage to a hangar and its contents caused when operating an aircraft.
• Cargo & Personal Effects Liability – can cover damage and loss to cargo and personal effects carried by aircraft.
• Airport Premises Liability – can cover damage done to airportpremises when operating an aircraft.
• Sale of Aircraft, Parts or Services Liability – covers a seller of aircraft, parts or services in the event a third party experiences bodily injury or property damage.
• Public Liability – also known as third party liability insurance, offers coverage for any damage done to third party property including houses, cars, and other aircraft in the event of an accident.
• Passenger Liability Insurance – can help cover the cost of medical treatments for crew and passengers if they are injured while abroad your aircraft.