Unless you are required by a lender to carry liability insurance for your airplane, you likely don’t have to pay for such a policy. Only 11 states require some form of liability insurance for general aviation aircraft operators, according to the Government Accountability Office, unlike automobile owners and commercial airlines, which are federally obligated to be insured.
But this may not be the case much longer. The GAO says there have been GA accidents where parties received no compensation for losses because the airplane operator had no insurance. As a result, Congress recently commissioned the agency to conduct a study to determine the costs of implementing such a mandate.
