Insurance

Generosity from an unexpected place gives a springboard to a dream realized, and hope for others fighting a similar battle.

You are not required by law to have student pilot insurance, also known as renter’s insurance, but you definitely should. Some aviation schools or flight training organizations will not enroll you, or lease or rent an aircraft to you as a student, if you do not have a renter’s insurance policy.  Even if the aircraft […]

Pilots older than 70 are being dropped or canceled from insurance agencies without losses.

The majority of general aviation pilots across the country are renters and fly sporadically throughout the year. Most companies who rent aircraft require renter’s insurance, paid for by pilots, before they can take off. Aircraft renters insurance has always run on a monthly or yearly basis, until now. SkyWatch, an InsurTech company for aviation, announced […]

When a pilot rents an airplane from an FBO or flight school, they often assume that adequate insurance coverage is in place. It’s only after an incident or accident that the renter gets hit with the devastating and expensive news that the airplane owner’s policy exclusively covers… the owner. With the average cost of an […]

The “winds of change” blowing through the aviation-insurance industry when I wrote about insurance for Flying in the 2019 Buyers’ Guide have now reached gale-force speeds. I worked in general-property and casualty insurance long before becoming an aviation-insurance specialist, and I have never seen anything like the rate volatility today. Just a few years ago, […]

Starr Aviation, part of Starr Insurance Companies of New York, New York, has introduced its Starr Gate app tailored for renter pilots. The iPad-based program allows pilots to buy insurance on a month-to-month basis, as well as annually, and they earn discounts for participating in the flight scoring option offered through a partnership with CloudAhoy. […]

Well, yes, I had left my phone on the Virgin Atlantic flight to London. So, yes, I was out of touch for the six days it took me to get it back from “Missing X” somewhere in the ductwork of Heathrow Airport. So, yes, there was a delay in receiving your voicemail. When I did […]

Aviation insurers are adjusting to the current COVID-19 outbreak by offering personalized answers for the aircraft owners that they have relationships with, as aircraft across the country sit idle. We checked in with a couple providers to give their advice. “As a direct writer we have the ability to be flexible in amending coverages,” said […]

Over the past few months, many aircraft owners have received unwelcome surprises in their mailboxes—virtual or otherwise—in the form of notices of increased premiums from their insurance providers. While the average rate of increase has hovered around 7 to 10 percent, owners of certain aircraft—and those pilots of a certain age—have seen two-fold or even […]