Overview of Aviation Insurance
Guess what? Our CEO is a pilot and aircraft owner himself! At our agency, we provide comprehensive insurance solutions tailored to the aviation industry. Whether you’re an aircraft owner, operator, or business involved in aviation, we understand the unique risks and complexities you face. From general liability and hull insurance to coverage for hangars, pilots, and employees, our goal is to offer you peace of mind. With extensive industry knowledge and personalized service, we help safeguard your operations so you can focus on soaring to new heights.
Why you should work with Wexford Insurance Solutions
- Personalized Service: We take the time to understand your business and provide tailored insurance solutions.
- Accessibility: Our team is always available to answer your questions and assist you with claims or policy changes.
- Competitive Rates: We work with multiple insurance providers to find you the most competitive rates.
- Simplified Process: Our streamlined application process makes it easy to get the coverage you need quickly.
- Commitment to Your Success: We are passionate about helping small businesses thrive and are committed to providing the support you need.
Common questions about Aviation insurance
Answering the most frequently asked questions about Aviation.
Yes, flight schools can obtain specialized insurance policies that cover their aircraft, instructors, and students. These policies typically include liability coverage for student pilots in training, hull insurance for aircraft used in instruction, and general liability for the school’s operations. Students may also obtain non-owner liability insurance if they’re flying aircraft owned by the school.
Yes, most aviation insurance policies include coverage for accidents caused by pilot error, provided the pilot meets the policy’s qualifications, such as holding the proper licenses and having sufficient experience. However, intentional violations of regulations or operating the aircraft outside of the policy’s terms may result in denial of coverage.
Several factors can influence the cost of aviation insurance, including the type of aircraft, its value, the pilot’s experience and qualifications, how often the aircraft is flown, where it’s operated, and the types of risks being covered. Other factors, such as maintenance history, safety record, and the intended use of the aircraft (e.g., private vs. commercial use), also play a role in determining premiums.
Yes, many aviation insurance policies distinguish between risks when the aircraft is on the ground and when it’s in flight. Ground risk policies cover damage while the aircraft is parked or taxiing, while in-flight policies cover accidents that occur during flight. Comprehensive coverage can include both types to ensure protection in all situations.
Aviation insurance can cover a wide range of risks, including physical damage to aircraft (hull insurance), liability for injuries or property damage caused to third parties, passenger injuries, cargo loss, and damage to non-owned aircraft. It can also include coverage for airport operations, hangar storage, and aviation-related businesses. Policies are customizable based on the specific needs of the aircraft owner or aviation business.
