Part of deciding which aircraft to buy should include a consideration of all of the potential costs. You may think you’ve found your dream aircraft, at a decent price, and you are ready to jump at the chance. But you should also consider the costs of insuring that aircraft. There are certain types of aircraft […]
Aircraft hangars serve multiple uses, from aircraft storage and warehouse facilities to repair and refueling facilities. Whether you own a hangar or you use or rent one for commercial purposes, having aircraft hangar insurance is critical. Insurance protects the structure, the contents, and you or your business from liability for injuries, damage, or pollution. Types […]
One significant way to reduce the cost of aircraft ownership is to keep aviation insurance costs in check. According to Plane & Pilot magazine, aviation insurance costs have increased significantly since 2018 as the industry has entered a hard market. So while keeping insurance costs in check might seem easier said than done, there are several […]
You spent a lot of money to get yourself up in the air, and you pay for insurance to keep you up there. To protect yourself, read the fine print in your aviation insurance policy before you sign on the dotted line, and make sure you understand your responsibilities. Think through under what circumstances and […]
Liability might come first to mind when you think about renting or flying a non-owned aircraft, but you also can’t forget to protect yourself in case you cause physical damage the plane you are flying. Aircraft physical damage coverage, is an optional coverage in an aviation renters insurance policy and provides hull coverage for a […]
Sonex Aircraft specializes in manufacturing kits for homebuilt aircraft. Their kits include the SubSonex Personal Jet, Xenos-B Motorglider, and more. You can order a complete airframe kit or just a few components. The benefit of building your own aircraft is that building a plane is much more cost-effective than buying one. It also introduces you […]
Drones are unmanned aerial vehicles typically used for purposes such as surveillance and monitoring. They have no onboard pilot and are controlled from the ground. Lately, drones have been used for more than just filming, and can be used as tools for agriculture and farms to monitor various stages of crop growth and crop yield; […]
Whether you’ve purchased a drone for commercial use or you’re simply a hobbyist who has made a considerable investment, you need to determine what type of drone insurance coverage you need for your aircraft. Don’t assume your extensive experience flying is enough to protect your investment. This guide to drone liability and hull insurance explains what […]
Any time you are pilot in command of an airplane that you do not own, you should make sure that you have an aircraft renter’s insurance policy in place, as secondary coverate to protect your liability exposure. The FBO, your flight school, or the person who let you borrow their plane should have their own […]
Flying clubs can be an excellent way to save on aircraft ownership costs, but they can also be expensive to insure. It is not uncommon for a club to have both seasoned and student pilots. Some clubs have one aircraft, whereas others have several. You can easily see how these factors would impact insurance premiums. […]
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