Do I need aircraft renters insurance?

Aircraft Renters Insurance is an insurance policy that covers you while flying aircraft that you do not own.

Flight schools, aircraft rental facilities and even your friends, might not always carry sufficient aircraft insurance coverage.

If you rent or borrow an aircraft that you don’t own, you might be personally liable in the event that a loss or damage occurs and insurance coverage is insufficient.

An aircraft renters insurance policy or also called a non-owned insurance policy is designed to step in as a secondary coverage.

So, do you need an aircraft renters insurance policy? If you fly aircraft that you do not own, yes, we recommend that you do purchase a renters insurance policy.

Aircraft Renters Insurance Policies have 2 separate coverages:

Liability Insurance covers bodily injury and property damage (excluding damage to non-owned aircraft)
1. Liability Insurance is typically offered starting at $250,000 per occurrent, all the way up to $1,000,000 per occurrence.
  1. $1,000,000 is the standard liability limit typically offered for normal owned aircraft insurance policies.
2. Liability Insurance also includes a per passenger limit. Starting at $25,000 and up to $200,000.
  1. This coverage limits the amount of coverage available to each passenger.
Physical Damage or Hull Coverage (Optional)
1. Covers physical damage to the non-owned aircraft that is in your care, custody and control.
2. Is offered starting at $5,000 all the way up to $200,000