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King Air Insurance Market Update

King Air Insurance Market Update

The first quarter of 2018 is behind us and many of you spent April reflecting upon the opportunities, challenges and results from the first three months of the year to forecast what the rest of 2018 may hold for your business, flight department, operating budget or other goals. Upon reflection of insurance policy placements made…

Minimizing the Risks of Selling your Aircraft or Spare Parts

Minimizing the Risks of Selling your Aircraft or Spare Parts

General aviation has had a great tailwind lately. Fuel prices have been low and stable, insurance premiums continue to be at historic lows, avionics manufacturers are developing new products, and there seems to be enthusiasm to upgrade cockpits in conjunction with ADS-B installations. There also appears to be quite a bit of action for people…

Lessons Learned from Recent Spring Storms

Lessons Learned from Recent Spring Storms

Spring 2017 kept insurance adjusters busier than usual. Storms arrived earlier in the season due to the mild winter in much of the United States. In some areas it seemed Mother Nature was specifically seeking airports as direct targets, similar to mobile home parks frequently falling into the path of storms accompanied by tornado sirens.…

Simulator-Based Training and Insurance Coverage

As aviators operating high performance turbine aircraft, we are accustomed to mandatory and elective training. From our first experience of pursuing the private pilot license, we learn that the FAA has rules and regulations pilots must comply with. For the recreational, single-engine piston operator, the minimum training is a flight review every 24 months, while…

Aviation Insurance: Double Coverage = No Coverage?

Aviation Insurance: Double Coverage = No Coverage?

In today’s society, nearly everyone wants to have two of everything – two cars, two houses, two airplanes, etc. We have come to believe more is better. However, insurance does not always work that way. If you have coverage for something in one policy, and that same coverage is in another policy, instead of double…

How Much Liability Coverage Should Your Carry on Your King Air?

How Much Liability Coverage Should Your Carry on Your King Air?

Making an informed decision on anything you purchase is important. Just like you want to ensure you purchase the right King Air to meet your needs, you want to purchase the right amount of liability coverage to meet the needs of your company, or you individually. What does the liability portion of your policy cover?…

Medical Coverage and Your Aircraft Policy

Medical Coverage and Your Aircraft Policy

Winter is upon us. If you live in the Snow Belt, it’s likely you have the shovels and snow blowers out of storage. We all want to keep our sidewalks and driveways clear of ice and snow for our safety, as well as for those who may visit. This same desire holds true for the…

Aviation Insurance: Liability Rising – Use of Another Aircraft

Aviation Insurance: Liability Rising – Use of Another Aircraft

Have you ever allowed someone else to use your King Air or have you used an airplane you don’t own? If you are like many individuals or companies, you have “non-owned exposure.” If you are a larger company, you likely have non-owned exposures you don’t even know about. Every time you let someone use your…

Aviation Insurance – Airplanes, Cars, and Tugs do Collide … so Who Pays?

Aviation Insurance – Airplanes, Cars, and Tugs do Collide … so Who Pays?

The crew of a King Air 350 arrived at their destination, met with the professional ground crew and advised them they would be there overnight. The FBO asked if they’d like to have the aircraft put in the hangar for the night, but the crew, knowing the pleasant forecast for the evening and morning declined,…