Helpful Aviation Insurance Tips and
This section of our web site covers issues
relating to your aviation insurance. It will
change from time to time as we add articles or
make changes, so check back occasionally. Please
send us an
e-mail if you would like information on a
specific aviation insurance subject.
This section includes:
Insuring the Transitioning Pilot
Questions and Answers of
the new and old pilots. As the economy
improves... more and more pilots request
EYES WIDE OPEN
Simply paying attention
to your surroundings and people's actions can be
the best form of risk management when it comes
to your aircraft.
The Unappreciated and Ill
Defined Aircraft Maintenance Log
Many aircraft owners
have not given significant thought to the value
of, and consequences of the loss or destruction
of aircraft maintenance logbooks. Are they
insured? How can they be reconstructed? How
would this affect my aircraft's value? Be
proactive - duplication and proper storage are
your best protection against loss or
That's Just The Way It Is -- The Unexplained
Protocol Of Aviation Insurance
In uncertain times like
these, when insurance rates are skyrocketing and
good coverage is hard to find, aircraft owners
and pilots have lots of questions for their
insurance agents. We answer these
"Most-Often-Asked Questions From Clients and
Territorial Limitations -- What Does My Aviation
Insurance Policy Impose?
Think you've got
everything you need for that Caribbean trip?
Looked up that insurance policy, just to make
sure? Be careful -- your insurer's definition of
"the Caribbean" may not include the particular
island to which you're flying.
War Risk Insurance - Misunderstood & Under
The aftermath of September 11 will affect
all of us, sometimes in ways that we might not
expect. One of the ramifications that is sure to
be felt throughout the aviation community is the
restricted availability of insurance coverage
for losses resulting from terrorist acts.
Commonly referred to as "War Risk Insurance,"
the coverage was once available at little or no
additional cost. Times have changed. You need to
know the nature of these risks, the availability
of applicable insurance, and the prudence of
purchasing such coverage in today's insurance
Risk Management 101
in a business environment or making the
"go/no-go" decision, eventually it all comes
down to managing the various risks to which you
could be exposed. The same is true when deciding
on insurance coverage and assigning risks among
owners, business partners, contractors and
subcontractors. CS&A Aviation Insurance
discusses the various considerations involved in
minimizing and managing risk as well as the many
Diagnosing a Hull Claim.
One of the more
heartbreaking events to confront an aircraft
owner is when something totally beyond the
owner's control happens to her pride and joy.
From hangar rash to outright theft, this is why
we buy hull insurance, right? Well, maybe. What
might appear to the owner as a clear claim for
reimbursement might not look the same to the
insurance company. Similarly, a situation
seemingly beyond the scope of your policy might
be covered -- it's all in the fine print.
Insurance and the Future of Aviation.
In early 2000 at
least three underwriting companies stopped
insuring small flight schools, FBOs and repair
shops, while others have increased premiums
sharply. If the trend continues, it may not be
long before such businesses simply cease to
exist. What does this portend for the future of
general aviation and pilot training?
Does Your Hangar Lease Void Your Insurance?
why you should let your aircraft insurance
underwriter review your hangar lease agreement.
Insurance For Use Of Non-Owned
If you rent,
charter, borrow, test-fly, ferry, instruct in,
or take instruction in an aircraft that you do
not own, you very well might need "non-owned
aircraft" liability insurance.
questions related to selecting an insurance
agent and developing underwriting information.
Insurance Concerns When Traveling Outside The
aircraft owners who fly outside the U.S. check
to make sure their aircraft insurance will cover
them. But, aircraft insurance may be the least
of your worries. If you become sick or injured
while abroad, for example, will your medical
insurance cover you? Will foreign medical
intitutions accept insurance reimbursement? If
you're travelling on business, are you covered
by worker's comp while abroad?
What are "EXPANSION COVERAGES"
Ways in which
some (but not all) insureds can maximize their
coverages at little or no cost.
Selecting An Aviation Insurance
Why can't an
aircraft owner shop among two or three different
brokers to get the best quote? What's the scoop
on "exclusive quotes" and "broker-of-record
letters" and whose interests do they serve?
What's the procedure if I'm unhappy with my
agent and want to change?
Are You Covered? Some Common
owners don't read their insurance policies until
after they have a loss. Then, they're often
shocked to discover that their loss isn't
covered, although they were sure it would be.
Here are a few common misconceptions about
coverage, and what you might look for in the
Professional "Contract" Pilots -
Are You Protected?
approved pilot does not necessarily mean the
pilot has insurance protection.
114 Townpark Dr. NW, Ste.
Kennesaw, GA 30144
TEL: (770) 794.7500
FAX: (770) 794.2394
1006 Merylinger Court
Franklin, TN. 37067
TEL: (615) 435.8300
FAX: (615) 435.8330