Experimentals

“Forgive me, oh spirit of Tony Bengilis, for I have been slothful. I have found excuses not to work on my airplane, and I have allowed myself to become distracted with other projects and with self-doubt. Please help me get off the dime and get back to work, like I know I should.” This should […]

Part I“Broker-Of-Record Letter” What is it?..Who Requires it?…Should you sign one? Aviation Insurance can be purchased in two ways: (1) from a “direct writing”company where the insured contacts the company direct; or (2) through an independentinsurance agent who represents several companies. Occasionally, an insurance buyer is asked by an independent insurance agent to sign a”BROKER-OF-RECORD […]

It’s very frustrating when your aircraftis damaged at the hands of some other negligent party. Unknown to many pilots, however, are details of the relationship and responsibilities of your aviation insurance policy versus those of the negligent party who damages your aircraft. By looking at some imaginary claims and describing some of the difficulties that […]

Untilthe September 11th terrorist attacks on the United States, war risk insurancewas the most understated and misunderstood insurance coverage written for theaviation industry. Some insurance underwriters did not offer this coverage whileothers included it as an endorsement to the general aviation policy at little orno additional premium. You must admit this is inconsistent, but what […]

Reading an insurance policy is not a favorite pastime for mostpeople. As a result, most policyholders don’t read their policies until after the loss.During our 25 years in the aviation insurance business, I have seen many situations inwhich the policyholder thinks coverage is included only to find out after the loss thatnone exists. Although coverage […]

Aviation insurance policies are not “standardized”. Each company develops and submits its own wording to each state. All policy forms must be approved by each state insurance department for states where the company plans to write insurance. State insurance departments are very consumer conscious and are very receptive if a company requests broader policy forms. […]

Many of our clients travel outside the U.S. on both business and pleasure. Some utilize their privately-owned aircraft and others take the friendly skies of the commercial airlines. Many plan their trips without a thought for the consequences if a disaster occurs. American travelers are so accustomed to the way we do business in the […]

Click Here to Download Renter’s/CFINon-Owned Aircraft Liability Application We receive frequent inquiries indicating some confusion about what Non-Owned Aircraft Liability insurance is and who might need it. The types of exposures vary depending on the individual or corporation involved and the uses of the aircraft. We will address some of the issues in a Question […]

Have you signed a new hangar lease lately? There is a growing trend that you may be confronting when negotiating your future hangar leases. Fixed Base Operators (FBOs) and hangar owners all over the country have begun to include certain clauses in their lease contracts. They are requiring their tenants to hold the lessor harmless […]

During the past century, man has realized his dream to fly. The aircraft has been developed and partially perfected. The aviation industry, as it is known today, has grown into a set of definable sub-industries based upon usage. Modern-day aircraft range from military to commercial airlines to the most diverse group, general aviation. As with […]