Aircraft Insurance Advice

Insurance coverage on your airplane or jet is a specialty line of coverage. There are few insurance companies to choose from. Ask acquaintances for referrals when looking for an agent. Ask other plane owners where they buy their insurance.

Plane Insurance Advice

--Is the amount of liability insurance coverage adequate?

--Does your umbrella policy provide extra liability coverage in addition to the coverage provided by your aircraft insurance policy?

--Is the amount of coverage on the plane's hull adequate?

--Do you need to include business entities as named insured on the policy?

--Consider deductibles to control premiums.

--Are there limitations as to pilot qualifications and who can fly?

--Are there navigational restrictions-where you can fly?

--Are you dealing with a specialty agent? Most agents handle few airplanes. Your best bet may be a specialist.

--Is there any limitation on passenger liability?