Aircraft Liability Coverage
Liability coverage protects those who are covered
by the
policy against suits brought by others who claim that they have
suffered injury
or that their property has been damaged. The claim must result from the
ownership, maintenance or use of the airplane.
Aircraft Physical Damage (Hull) Coverage
Also called "hull" coverage, this coverage
protects the aircraft on an
'all risk' basis,
meaning that the aircraft is covered against any cause of loss unless
specifically excluded. Excluded items typically include things like
mechanical
breakdown, ordinary wear and tear, confiscation or war, loss of value
and loss
of use. You can buy coverage while the airplane is not in motion on the
ground,
or on the ground and in flight.
Airmeet Liability and Related Coverages
Provides liability coverage for the organizers of
airshows, fly-ins, hot air balloon events, air racing and
other similar activities. In addition to liability coverage,
you can purchase weather insurance to cover losses due to the
cancellation of your event due to weather.
Airport Operations Liability Coverage
This insurance covers bodily
injury, sickness or disease sustained by a person and physical
injury to tangible property, including all resulting loss
of use of that property that arises out of the ownership,
maintenance, use or provision of premises,
services and facilities necessary to the operation of
the airport, including ways and means immediately adjoining
the airport. It is similar to a commercial general liability
policy that a non-aviation business would carry.
Aviation Products & Completed
Operations Liability Coverage
Airport owners and operators may also obtain
product liability coverage
to insure against claims of third parties arising from malfunction of
parts or products supplied to the owners and operators and used in the
repair or maintenance of equipment or otherwise resold to the third
parties. Products Liability may be broadly split into
aircraft sales and FBO
(repair and service) and manufacturers products.
Aviation product liability can be purchased as
part of an airport
operations liability
policy or as a separate policy for airframe or component manufacturers.
We have experience with all types of aviation product liability
policies, including airframe, engine and kit aircraft manufacturers and
overhaulers. This coverage also benefits providers of certain
aviation services such as maintenance and repair facilities.
Commercial Vehicle Coverage
Commercial vehicles can include service trucks, as
well as courtesy or
rental cars available at an FBO. The on-premises auto coverage (part of
your airport operations liability policy) and the business auto
coverage that covers the vehicle on public roadways have to work
together or you can wind up drastically over-insured in one area and
dangerously under-insured in the other.
Contractual Liability
Provides protection to the insured in the event a
loss occurs for which
liability is assumed, express or implied, under a written contract.
This is often included in a Commercial General Liability or
Airport Operations Liability policy.
Excess Liability Coverage
Excess Liability Policies
are designed to
provide
coverage after the primary (underlying) policy limits have
been exhausted. The coverage provided may not be as broad as the
primary (underlying) policy. An excess limit of aviation
hull or liability policy combined with the proper primary limit can
provide much higher
limits of protection for your commercial aviation business at
competitive prices.
Fuel Trucks and Tanks Coverage
Fuel trucks and fuel storage tanks should be
insured against damage and
theft, as well as against any damage generated by the fuel itself. We
have solutions to insure both tanks and contents, as well as pollution
liability and on-premises vehicle and equipment liability. Often,
less-experienced agents will forget to insure the fuel that is in your
trucks and tanks against loss or contamination.
Garagekeepers Liability Coverage
This coverage provides protection against loss or
damage to the
property of others kept in or about the airport garage. It provides
coverage to owners of storage garages, parking lots, etc. for liability
for damage to automobiles left in their custody.
Hangarkeepers Liability Coverage
This coverage provides protection against loss or
damage to the
aircraft of others in your care, custody or control or while
the aircraft
is being serviced, handled or repaired by you and that
takes place on the premises of the airport.
Host Liquor Liability
Provides protection for businesses against bodily
injury or property
damage suits brought by parties injured as a result of an intoxicated
guest who was served alcohol at an event you hosted. Host liquor
liability is a coverage that is included under the commercial general
liability policy for those businesses not "in the business of" serving,
manufacturing, distributing, selling, serving or providing alcohol.
Office and Hangar Property Coverage
We offer comprehensive property insurance
solutions for airport
hangars, buildings,
offices, property, contents,
mobile equipment, automobile and business interruption all of which are
unique exposures that demand specialized expertise and are most often
excluded on non-aviation policies. We can also cover your
moving equipment such as fuel trucks, tugs and maintenance equipment as
it works around the airport.
Personal and Advertising Liability
This insurance covers you for damages you
are legally
obligated to pay because of "personal injury" (physical injuries,
libel, slander, invasion of
privacy, malicious prosecution, wrongful eviction, defamation of
character, and discrimination) or "advertising injury" (an offense
committed in the course of advertising your goods, products or
services) resulting from your aviation operation.
Pollution Liability Coverage
Both Site and Tank Pollution liability coverage
are available. Most of
the time, storage tank pollution liability provides adequate
protection, if both fuel trucks and fuel are also adequately insured.
The premium savings can be as much as 90%, but it's critical that you
have the right kind of pollution coverage for your fueling operation.
Premises Liability Coverage
Premises liability coverage for airport owners and
operators may cover
a wide variety of occurrences, depending on the size of the airport and
its passenger volume. Typically, policies for airport owners and
operators cover liability to third parties for injuries occurring
anywhere on airport property, including parking lots, walkways,
elevators, and escalators. Such policies are likely also to cover any
injuries arising out of activities necessary or incidental to airport
activities.
Rental and Instruction Coverage
Rental and Instruction is a “limited commercial”
coverage. This means the use of the insured airplane is for
rental to
student pilots for the purpose of receiving dual instruction for a
charge and rental to student pilots for the purpose of supervised solo
flight in conjunction with flight instruction. In addition, limited
commercial traditionally includes rental of the insured airplane to
pilots who have a pilot certificate and medical certificate appropriate
to the airplane being flown, including an appropriate check out.
Workers' Compensation Coverage
Workers' Compensation coverage protects your
employees in the
event that they are injured while acting on your behalf. It is closely
regulated, and claims that are or should be
covered by workers' compensation are not covered by other policies.
Part-time, contract and seasonal employees can further complicate the
matter. Be sure you have a workers' compensation expert on your side,
or you could face a costly audit or state fine. We have several
programs available, including the NATA and NBAA workers' comp
programs.
Whether your concerns are premium savings, risk
management strategies,
policy coverage, or enhanced liability limits, we can provide a
coverage proposal to meet your needs. Fill
out our Quick Quote form today
with a little information about your business, aircraft and
flying operations and we’ll help get you competitive insurance quotes
from our top-rated insurance partners and offer you expert advice on
liability limits that will protect you and your business.
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