If you are involved in the aviation industry, you are likely aware of its unique risks. While general aviation liability insurance is always essential, it is also crucial to cover specific factors. As you look for an aviation insurance plan, investigate the following coverage areas.
Passenger Liability Insurance
Your biggest priority, especially if you run a commercial aviation service, is the safety and well-being of the passengers. Even though flying is a safe travel choice, there are still particular dangers. This insurance coverage can cover property damage, injuries and casualties involving the people using your services.
There are several potential risks that can occur while the vehicle is on air. Many airborne elements and situations can damage it. In-flight insurance can cover anything that occurs to the craft from departure to arrival. According to Arroyo Insurance, you will need this insurance even if you only operate a drone, as it also considered aircraft and liable to most of the same risks.
Ground Risk Hull Insurance
Your aircraft’s time in the ground can incur many dangers, whether it is sitting on the hangar or is moving down the runway, ready for take-off. Separate, but connected plans can cover damages present in motion or not in motion.
The aviation business involves many exposures, so it is important to equip insurance that protects your equipment and services. Customize a liability plan that meets the needs of your establishment.