Insured Aircraft Policies Have Two Main Coverages According To BWI Aviation Insurance

Insured Aircraft Policies Have Two Main Coverages According To BWI Aviation Insurance, updated 1/27/21, 6:47 PM

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Leading Aviation Insurance Broker BWI, Breaks Down Insured Aircraft Policies For GA Aircraft Owners. Understanding The Policy Coverages And Mitigating Your Risk As An Aircraft Owner Is Extremely Important

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Insured Aircraft Policies
Have Two Main
Coverages According To
BWI Aviation Insu
With more pilots taking to the skies during the COVID-19 pandemic,
understanding insured aircraft policies and limiting aircraft owners
liability risk becomes more and more important.
BWI Aviation Insurance owner
Matt White breaks down the
basic coverages of insured
aircraft policies in a new website
posting.
For Immediate Release Flying an aircraft can be a liberating,
efficient and safe way to travel, especially during the COVID-19
pandemic.
However flying an aircraft also has its
risks and the one that isn't given as
much attention is the increased liability
risk each aircraft owner incurs when
operating an aircraft.
Understanding an insured aircraft policy and carrying the proper
coverage is a great way to mitigate that risk and free your mind to
focus on the many other important aspects of flying an airplane.
In his latest writing BWI Aviation
Insurance owner Matt White
breaks down the policy basics of
an insured aircraft policy.
"Much like your automobile insurance, it is required that if you are
guiding a huge hunk of metal at great speeds that you will have
insurance in case the worst happens.
Aircraft liability insurance is not about
protecting your aircraft, but rather,
the damage the aircraft can do to
persons or property." said White.
Insured aircraft policies typically have two main
coverages for GA aircraft owners.
Liability coverage with protects the
increased liability exposure you incur,
in the event that you use bodily injury
or property damage as a result of the
operation of your aircraft.
"Insurance will typically offer GA aircraft owners $1,000,000 of
total liability and is limited to $100,000 per passenger.
The costs are in the hundreds of
dollars to several thousands
depending on the intended use
and model of the aircraft.
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