The latest and most innovative type of coverage
for commercial aircraft operators is the pay-by-the-hour
program. ZANETTE is pleased to offer this program that was
specifically created to benefit commercial aircraft operators
who are feeling the pinch of the current economic downturn.
The program allows customers to pay for aviation insurance
when they actually need it, by the flying hour. The program
is underwritten through Phoenix Aviation Managers in partnership with
MyFBO.com, a leading software company for managing general aviation.
Flying hours are down in many parts of the
country, leaving commercial operators with less cash flow to pay the
traditional premiums associated with operating flight
schools, flying clubs, and rental operations. We
understand that fixed monthly premiums can make months of
below-average flying hours very difficult to weather.
Through the new pay-by-the-hour program, you pay
an hourly rate for each hour the airplane flies (based on the Hobbs
Meter). With a fixed monthly base rate, this program allows
you to maintain cash flow and have your insurance costs directly
correspond to revenue. Additionally, there is a cap in place
that makes sure you only pay as much as you would have paid had you
purchased the annual premium, no matter how
many hours the airplane flies.
This program is made available through use of an
online scheduling and aviation information management system.
All flight hours are logged through an easy-to-use system that then
emails automatically generated reports on a monthly basis to ZANETTE
Aviation Insurance Service for billing purposes – it’s that simple.
This is a no lose program for commercial operators
and may in fact help to increase revenue and reduce workload.
Fill
out our Quick Quote form today
with a little information about your business, aircraft and
flying operations and we’ll help you determine if this program
will work for you. We can also get you competitive insurance
quotes
from our top-rated insurance partners on traditional programs and offer
you expert advice on
liability limits that will protect you and your business.
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