Flight Schools

Flight schools instruct individuals and prepare them to fly. They can work with novices or with experienced pilots who train for more advanced types of aircraft. The primary exposure is physical damage to the owned or rented aircraft. Other property exposures include maintenance equipment, flight simulators, and other equipment the operation uses. Liability exposures are for damage that the students … Read More


Only a few large domestic aviation insurance carriers write insurance on helicopters. This class of business is more properly classified as special risk aviation insurance, and Lloyd’s of London has traditionally written the coverage. However, a few domestic markets have facilities for helicopters for physical damage, liability, and passenger coverage. Helicopters are probably the least desirable class of aviation business … Read More

Space Industry Insurance

This coverage is primarily about satellites. As a rocket has multiple stages, so does the insurance. There is pre-launch, launch, and in-orbit coverage for physical damage to the satellite. There is also third party and re-launch guarantee coverage. Pre-launch insurance covers the satellite until it is launched. This includes transporting it from the manufacturer plus any storage or assembly at … Read More

Hot Air Balloons (Liability and Physical Damage)

Recreational enthusiasts and companies use hot air balloons to provide rides for their customers. Some hot air balloons are used for advertising. Coverage is available for physical damage to the balloon and liability for damage to the property of others.

Antique Aircraft

It is difficult to place hull and liability insurance for aircraft that are no longer produced. A damaged antique aircraft is expensive to repair because original replacement parts may no longer be available. As a result, individually fabricated parts are required. Underwriting concentrates on the pilot’s qualifications and experience in flying the particular type of aircraft because each has its … Read More

Airport Owners and Operators

Airport operators or fixed base operators need airport liability coverage and hangarkeepers legal liability coverage on their operations. Commercial general liability coverage forms provide this coverage. Aircraft hull and liability coverage is also needed when the operations include ownership and rental of planes to individual pilots or student pilots.

Aircraft Products Liability

Products liability coverage for aircraft manufacturers, aircraft products dealers, and fixed base operators that repair and maintain aircraft is difficult to place. Loss potential is significant because of the catastrophic consequences when a product used in an aircraft fails in flight.

Aircraft Spare Parts

Aircraft hull policies exclude aircraft spare parts. If a part, such as an engine, is removed from the aircraft to be repaired, and in order for the aircraft to be used, a “loaner” is attached to the aircraft, the part removed is not covered. Coverage for that spare part must be purchased separately from the aircraft hull policy. Insurance purchased … Read More

Air Cargo

Air carrier movement of freight in interstate andinternational commerce is growing in volume and importance. The Civil Aeronautics Board (CAB) regulates air cargo carriers’ operations. These carriers usually purchase air cargo legal liability coverage (similar to motor truck cargo legal liability coverage) to protect against their liability that arises from the shipping document (the air waybill). The air carrier may … Read More

Airplane/Aircraft Hull and Liability

Aviation insurance is usually written by carrier pools or individual companies that specialize in this business. Most coverage is written for general aviation, a diverse industry that includes all forms of flying except commercial airlines and military operations. The four major classes of aircraft owners/operators are industrial aid, business and pleasure, flying clubs, and fixed base operators. Aircraft hull and … Read More