Non-owners insurance

Owning an aircraft has many special considerations like financing, taxes, inspections, registration, and even partnerships. Please post type-specific questions and topics in the Types forum.

Non-owners insurance

Postby born2flyak » Sun Oct 24, 2010 10:49 pm

I don't know if this is the best place to ask, but I searched for "non-owners insurance" in BCP and there was 1436 results. A little over a year ago my former employer sold his 135 certificate to my cousin and I, we were both flying for him at the time. We started off leasing his PA-12 and C206, but bought a C180 in January and we dropped the 206 and Cub off the certificate this winter. I'll still be flying these aircraft part 91 from time to time and wonder if anyone has any recommendations for non-owners insurance? Looking at liability and hull, mostly hull ($120K). Has anyone had experience with it? AIG is what I was looking at today and just wondered if there were better options I hadn't thought of.

Devon
The most dangerous thing about flying for a living is the risk of starving to death...
User avatar
born2flyak
Posts: 164
Joined: Sat Dec 06, 2008 9:41 pm
Location: Interior Alaska
FindMeSpot URL: http://share.findmespot.com/shared/face ... GrbFWMETdm
 
born2flyak's Photo gallery

Re: Non-owners insurance

Postby hotrod150 » Mon Oct 25, 2010 11:56 am

I think the full coverage policy I have on my own airplane covers me in non-owned airplanes up to the declared value of mine.
minimums are for busting
hotrod150
Posts: 4122
Joined: Wed Jan 26, 2005 11:47 pm
Location: Port Townsend, WA

Re: Non-owners insurance

Postby Zzz » Mon Oct 25, 2010 12:24 pm

hotrod150 wrote:I think the full coverage policy I have on my own airplane covers me in non-owned airplanes up to the declared value of mine.


This is common, as it was the case with my Avemco owner's policy. Then one day I wanted renter's coverage on a significantly more expensive aircraft, and they said I basically would have to buy an entirely new policy as there was no way to pay an additional fee for more hull coverage on a rented/borrowed aircraft.
User avatar
Zzz
Amateur
Posts: 1721
Joined: Fri Oct 08, 2004 11:09 pm
Location: Portland, OR
 
Zzz's Photo gallery


Return to Ownership

Who is online

Users browsing this forum: kato, UtahMaule, Windknot and 1 guest