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Tag: Pilot Liability Insurance




Feb
03
2020

Flying an Aircraft You Don’t Own? Don’t Start the Engine Without Insurance

Posted by jhadmin

The number of pilots in the United States has grown slightly over the last few years. In 2016, there were approximately 584,000 pilots; in 2018, that number reached 633,320. Today, the demand for well-trained pilots is increasing, especially at the regional airport level. While aviation can be an exciting career path, it carries with it considerable risk, particularly for those pilots flying non-owned aircraft. Whether flying an A-Star helicopter or a Cessna 550 Citation, or training a future aviator, a pilot can be at risk in the event of an accident. It’s interesting to note that private planes have a substantially higher crash rate than that of commercial aviation. That can be attributed to pilot skill, looser regulations for private planes, and lack of safety and backup systems. Financially speaking, however, a general aviation crash or damaging an aircraft can potentially put a huge dent in a pilot’s wallet and career. [Read More...]



Tags: Aviation Liability Insurance Pilot Liability Insurance
Categories: categoryOpinion-Editorial



Nov
28
2016

PERSONAL PILOT LIABILITY INSURANCE: DON’T FLY WITHOUT IT

Posted by jhadmin

SkyWest pilot and designated pilot examiner (DPE) Tony Fizer remembers the costly hangar mishap as if it were yesterday. “A fellow pilot I knew was assigned to fly a Citation CJ3 business jet for a friend,” Fizer says. “Unfortunately, he struck the hangar door with a wingtip on the way out. Suddenly, there it was: $30,000 in damages to the door and wing, right in front of everyone there! My pilot friend said they were glancing around with looks that implied, OK, so who’s going to pay for this? Hearing about it afterward, I was not only glad that it wasn’t me, but also glad that I would have been covered, thanks to my personal pilot liability insurance, if I had been responsible.” As someone who frequently flies not just his own aircraft, but also many others for his clients, Fizer knows that things can go wrong. He protects himself by purchasing personal pilot liability insurance. (The insurance product he chooses is XINSURANCE, offered by Evolution Insurance Broker through Prime Insurance Company.) “I know that my insurance company has my back should I get into a situation where someone tries to hold me personally liable,” Fizer says. “Pilots need coverage in today’s litigious world, just in case.” [Read More...]



Tags: Pilot Liability Insurance
Categories: categoryRegulatory categoryOpinion-Editorial


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