COMMERCIAL AVIATION INSURANCE

  Aircraft Pay-By-The-Hour Program

 

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.