When you buy an aircraft, you’re not just purchasing a machine, you’re investing in freedom, passion, and responsibility. Protecting that investment means choosing the right aviation insurance coverages for your needs.
Whether you fly for personal enjoyment, business, or commercial operations, understanding the types of coverage available is the first step to building a policy that truly protects you.
The Core Aviation Insurance Coverages
1. Aircraft Hull Coverage
- Protects your aircraft against physical damage.
- Can be purchased as:
- All Risks Ground & Flight – Covers the aircraft in motion or on the ground.
- Ground Not in Motion – Coverage when the aircraft is parked or stored.
- Claims are paid based on the insured value (agreed value) or actual cash value.
2. Liability Coverage
- Protects you against bodily injury or property damage claims from third parties.
- Two common formats:
- Combined Single Limit (CSL) – One total limit for all liability claims.
- Split Limits – Separate limits for passenger and property claims.
3. Passenger Liability
- Covers injury or death to passengers onboard your aircraft.
4. Medical Payments Coverage
- Pays for minor medical expenses regardless of fault.
5. Non-Owned Aircraft Coverage
- For pilots who rent or borrow aircraft. Covers liability and sometimes physical damage.
6. Hangar Keepers Liability
- Protects businesses storing non-owned aircraft from damage claims.
Optional or Specialized Coverages
- War Risk Coverage – For operations in high-risk regions.
- Cargo & Baggage – Covers loss or damage to carried goods.
- Loss of Use – Reimburses for income lost while the aircraft is grounded for repairs.
- Spare Parts & Equipment – Protects avionics and other valuable gear.
Factors That Influence Coverage Needs
- Aircraft type and value.
- Pilot experience and ratings.
- Primary usage (personal, business, commercial).
- Storage location and security.
2025 Market Trends in Aviation Insurance Coverages
- More policies are including drone/UAS coverage as an add-on.
- Some carriers are offering discounts for advanced safety technology like ADS-B and ballistic parachutes.
- Weather-related damage claims are increasing, making hull coverage even more important.
Why Work With BWI to Build Your Coverage
- All Major Carriers Access – We can shop for the most competitive rates.
- Expert Guidance – 47+ years in the industry.
- Custom Solutions – Policies built to fit your exact needs.
Example
A private pilot with a Cirrus SR22 wanted maximum protection but was unsure about all the terms. BWI built a package with hull, CSL liability, passenger liability, and non-owned coverage for when he flew rental aircraft, ensuring no coverage gaps.
Conclusion
Your aviation insurance coverages should be as unique as the way you fly. Understanding the options, and working with an expert broker, ensures you’re protected where it matters most.
Call BWI today for a personalized coverage review.
📞 800-666-4359 | 🌐 www.bwifly.com
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