Archive for February, 2015

Aviation Insurance Resource Adds Bill Snead to Team of Insurance Experts

Friday, February 27th, 2015

Snead, William - Press Release Photo - Web (55KB)Frederick, MD, February 27, 2015 – Aviation Insurance Resources (AIR), ), a leading provider of insurance brokerage services, announced Friday that aviation insurance veteran Bill Snead has joined Aviation Insurance Resources as National/Signature Accounts Manager effective immediately.

Bill Snead brings over 30 years of invaluable aviation insurance experience as an underwriter, agent, broker, and as the former President of the Aircraft Owners and Pilots Association Insurance Services. Snead has worked with clients in all major aviation insurance lines, including: pleasure and business aviation, commercial aviation, experimental, light sport, antique and warbird aircraft, workers compensation, and both small and large program accounts.

Snead began his aviation career with Avemco Insurance in 1977 as a sales underwriter and over the next 20+ years rose to become one of Avemco’s top regional managers.

Snead next worked with Falcon Insurance, while during his 14 year career there he launched and managed Falcon Insurance Agency Great Lakes, serving as vice president of that company.

Most recently, Snead served as president of AOPA Insurance Agency in Wichita, Kansas.

Snead holds a commercial pilot certificate with instrument rating and served in the U.S. Air Force as a C5A crew chief. He has a Bachelor of Science degree from Virginia Commonwealth University.

About Aviation Insurance Resources (AIR)

Snead takes up his post as Aviation Insurance Resources enters its 17th year of serving the aviation community. AIR provides a full range of aircraft insurance and aviation insurance products to clients of all sizes, providing them with the best rates at the broadest coverages available.

Contact
877.247.7767
[email protected]
PO Box 32
Frederick, MD 21705

 

###

Success is Cleared for Takeoff at Vermont Flight Academy

Wednesday, February 25th, 2015

Scenically tucked in between Lake Champlain and the Winooski River, Burlington International Airport (KBTV) is the home of the Vermont Flight Academy (VFA). The Vermont Flight Academy Facebook page announces each new pilot as they earn their wings, showing the success and pride of this nonprofit 501(c)(3) flight school.

The School

The Vermont Flight Academy is the sole flight school in the state to instruct under FAA approved Part 141 rules and also instructs under Part 61. The facility has 16 aircraft from single piston trainers to tailwheel instruction. Also provided is seaplane instruction including the multi-engine seaplane rating in their Twin Sea Bee. For the bad weather days and for the aviator on a budget, the academy also has four FAA approved simulators on site, to include the full motion Redbird Simulator.

The Degree

Vermont Flight Academy has partnered up with Vermont Technical College to offer a Bachelor of Science (BS) in professional pilot technology. Upon completing this four year degree, students will have  logged around 250 hours of flight time and have become Certified Flight Instructors (CFI).  Started in 2012, the partnership between Vermont Flight Academy and Vermont Technical College has prepared many pilots for takeoff into a career in aviation.

Aircraft Rental

The instructors and Vermont Flight Academy will provide a check out in each new make and model aircraft a pilot may rent. Along with this routine check out, non-owned aircraft insurance, also known as renters insurance, is required. VFA recommends the minimum coverage listed below:

  • $250,000 for Non-Owned Bodily Injury and Property Damage Excluding Loss of Use of Non-Owned Aircraft
  • $1,000 for medical
  • $25,000 for Non-Owned Physical Damage Liability Including Loss of Use of Non-Owned AircraftFlight School InsuranceAbout Vermont Flight AcademyTo find out more about insuring your aircraft or flight school please contact Aviation Insurance Resources by calling 301-682-6200 or visit AIR-PROS.com today to request your aviation insurance quote online!
  • You can also follow AIR on FacebookTwitterLinkedIn, and Google+.
  • As a student or renter at Vermont Flight Academy you will experience firsthand that their dedication to their students’ success is sky high. They are located in Burlington, VT and open seven days a week from 9AM to 5PM and by appointment. You can visit them online at www.flyvfa.org or call (802) 863-5988.
  • Since the inception of Vermont Flight Academy, Aviation Insurance Resources (AIR) has been dedicated to providing VFA with the broadest insurance coverage at the best rates available. Airport General Liability Insurance, Hangar and Contents Insurance, Workers Compensation Insurance, D&O Insurance and maybe even Airshow Insurance are just some of the needs a flight school have on their list. Before the list gets too overwhelming, give the aviation insurance experts at Aviation Insurances Resources (AIR) a call.
  • This insurance policy can be purchased quickly and easily online at a premium of only $314 annually. Insurance discounts are available for claim free individuals as well as for those that have completed a Wings level or the OpenAirplane checkout.

Why bother with aircraft renters insurance?

Wednesday, February 18th, 2015

The excitement of showing up at a flight school to learn something new or borrowing a friend’s plane for only the cost of gas can quickly be overshadowed if there is an accident. Often, pilots find out all too late that they may not be covered under the aircraft owner’s insurance. With annual premiums as low as what it may cost for an hour of an attorney’s time, non-owned aircraft insurance, often known as renters insurance, can offer peace of mind for both parties involved.

Why bother? – The Renter/Borrower

It is best to think of the non-owned aircraft insurance policy as a legal defense. Regardless of fault, a renter policy will provide the insured with a legal defense if they were to be sued. Often, non-owned policy premiums are lower than what it would cost to simply consult a lawyer. In addition, if the individual named in the lawsuit should become responsible for the aircraft owner’s deductible, renters insurance policies cover physical damage, along with damage to property or bodily injury.

Why bother? – The Aircraft Owner or Flight School

An important factor to a flight school’s success is keeping clients happy and often, chasing down an insurance deductible can put a kink in that relationship. Requiring aircraft renters to purchase non-owned coverage will keep both parties content if this situation were to occur. Even if the aircraft owner were not to seek the deductible from the individual responsible for damage, this does not stop the insurance company from pursuing compensation. Non owned insurance policies will protect the insured renter/borrower from subrogation.

Another important aspect of non-owned coverage is loss of use. Typically, flight school insurance policies do not cover the financial loss the business may incur while an aircraft is off the line. This is where the renter’s aircraft insurance policy steps in, protecting the company from potential financial loss.

Why bother? – Aviation Insurance Resources

As pilots and current aircraft renters and borrowers themselves, Aviation Insurance Resources (AIR) understands the value of renters insurance. That’s why they’ve provided a quick and easy way for flight schools to offer their renters and pilots to obtain renters insurance.

Non-owned aircraft insurance is now available to be purchased online directly through the AIR website! Through a premier partnership with Starr Aviation, AIR offers personal non-owned aircraft liability protection in standard, experimental, multi-engine and helicopter aircraft! Pilots can now sign up and pay for insurance in an easy and secure policy porthole, receiving instant binder confirmation. To start coverage, simply follow this direct link. This online method has made it simpler for flight schools to request their renters to obtain coverage as well.

Many a pilot has stated that they fly to leave the worries down on the ground. With Aviation Insurance Resources and their renters insurance program, this is one less worry that a pilot will find themselves flying away from.

 

Pilot Spotlight: Baron pilot and aerospace engineer Peter Rouse

Wednesday, February 11th, 2015

Half the fun of having a career in aviation insurance is talking to pilots and hangar flying on a daily basis. At Aviation Insurance Resources (AIR) we do not make ourselves only available when it is time to renew or sell a policy, we love making new pilot friends and sharing stories about an industry we are so passionate about. We recently sat down with one of those friends, aerospace engineer Peter Rouse.

Embraer PetePete, tell us about how you got your start in aviation

Both of my parents worked for Beech Aircraft.  My dad worked for them for 25 years, and I have his gold watch that Beech aircraft gave to him.  My mother is on a Beech Aircraft employee’s handbook from the late 1960s; she has her lunch box in her hand, and she is wearing a sleeveless blouse and cat’s-eye glasses.

I started my official flight training in college in the late 80’s, but I ran out of money.  I finally was able to get my Private Pilot certificate in December of 1993.  Over the years, I kept flying.  I got my CFI in 2000, my CFII in 2001, my MEI in 2002, and my ATP in 2012.

Over the years, I have owned 8 airplanes.  A couple of them were projects.  My current airplane is a 1964 Beech B55 Baron.  It was probably rolling off of the assembly line right after I was born.  I am currently working on getting my type rating in a Citation Bravo.

Every year you join the Bonanzas to Oshkosh (B2Osh) migration. Can you share some more about that and other unique aviation activities you partake in?

The Bonanzas to Oshkosh (B2Osh) annual migration to Oshkosh started it all.  It is a formation flight from Rockford, Illinois to Oshkosh for Bonanza and Baron owners.  I have always thought formation flight was really neat, so I went to a B2Osh regional training clinic in 2009 and flew my first B2Osh in 2009.  We takeoff in formation in 3-ship elements from Rockford and land at Oshkosh.  I was over 40 rows back from the lead airplane, and all of the airplanes were running on the runway; it looked like the D-Day invasion.  On that flight, I heard probably one of the neatest things in aviation on the radio:  “Bonanza flight of 137, you are cleared for takeoff.”

After that first time, I started flying with a core group of pilots in Kansas City.  We formed a formation flight group called the Beechnutz.  We kept flying together and worked on more advanced formation techniques.  I attended an advanced formation clinic in Grayson, Texas with some other members of the Beechnutz in 2011 where I earned my Formation Flying Incorporated (FFI) Wingman card.  I earned my FFI Flight Lead card in 2012.  The FFI card allows me to fly formation with other card holders in waivered airspace at an airshow.  2011 was the first year I was asked to fly in a showcase flight at Oshkosh.  I was truly honored, as I never imagined that I would ever fly in the airshow at Oshkosh.  We again flew a showcase flight in 2012.  We did not get showcase flights in 2013, or 2014, so we are hopeful that we will in 2015.  Since we did not get a showcase flight in 2014, I was asked to lead a formation demonstration for the B2Osh participants at our banquet in Rockford.  I was privileged to lead a 31-ship formation flight with some of the finest pilots I know.

I also really enjoy being a flight instructor, because I always learn new things when I teach different people.  Being a CFI has made me a better pilot.

What was one of your most memorable flights?

That is a hard question to answer.  I find joy in flying a great approach, or performing a smoking rejoin.  I am probably at my happiest when I fly with the Beechnutz, as they are great pilots and great people.  I can honestly say I have had some of the best times with the Beechnutz; both in and out of the cockpit.

What is the best piece of aviation related advice you have received?

“Wind your watch.”  I was told this by a retired Air Force F-4 pilot.  It means that when you feel yourself getting task saturated, slow down.  There is absolutely nothing wrong with saying you need a little more time to get set up for an approach, doing a go-around, or landing and waiting out the weather when things do not look right.  Too many times we allow ourselves to get into a bad situation due to external, or more often, internal pressures; the accident statistics bear this out.  If it didn’t happen, then the phrase “get-home-itis” wouldn’t exist.

How did you first get in touch with your AIR agent and now friend, Jon Harden? Why do you trust your insurance to AIR?

I met Jon through a mutual friend.  Jon has been my agent, and my friend, since 2000.  The reason I stay with Jon is that he is a good and decent man who works hard to get the best deal for his customers.  His employees are the same way. I have stayed with Jon over the years because he has my trust and respect, and that is not something that cannot be bought.

The pilot community offers a variety of individuals from all walks of life, each have their own story and offer something unique to the aviation industry.

Pete also told us, “I can remember being asked when I was very young what I wanted to be when I grew up, and I answered ‘a pilot.’  Now I am a pilot, but the jury is still out on whether or not I grew up.”

Was this a dream of yours as a child? Are you ‘grown up’ now?

About Aviation Insurance Resources (AIR)

AIR specializes in a full range of aircraft and airport insurance for clients of all sizes. AIR can offer you the broadest package of protection at the best available rates. To find out more, please contact Aviation Insurance Resources by calling 301-682-6200 or visit AIR-PROS.com today and request your aircraft insurance quote!

Cutting Costs on Aircraft Ownership

Wednesday, February 4th, 2015

With the cost of aircraft ownership on the rise, aircraft owners are in need of a way to reduce their annual costs. Besides trusting the experts at Aviation Insurance Resources (AIR) to shop your policy for the best rates, there are some other options to keep your airplane flying and your pocketbook full.

Share the Love

A popular method for cutting aircraft ownership costs is simply by sharing the expenses. This can be done by getting a partner in the aircraft or joining a flying club. When someone buys a share in an aircraft partnership or a flying club, the annual aircraft costs are distributed amongst the group, resulting in less out of pocket expenses and more time in the air for the pilot.  If you have just one partner or two, or are part of small flying club or a large one with multiple aircraft, Aviation Insurance Resources (AIR) can provide you with the a competitively priced policy to fit your needs.

Renting to Named Pilots

Do you have pilots interested flying your aircraft that you would like to charge a rental fee to cover some of your expenses? A commercial aircraft policy is not always needed, some aircraft insurance policies include rental to named pilots! To see if your policy qualifies, just call your knowledgeable insurance expert at AIR. We are happy to provide pilot information form for the prospective renter to complete or take the information over the phone. Sometimes there can be an additional premium for adding another pilot. This can be due to pilot qualifications or an additional pilot surcharge and would be pro-rated if added mid-term.

OpenAirplane

While you’re not using your aircraft, why not have another pilot keep the oil warm? OpenAirplane offers you the opportunity to do just that. Since the dawn of this new rental platform, AIR has been supporting OpenAirplane insurance needs, from the required renter insurance to OpenAirplane aircraft owner insurance. AIR works with Starr Aviation on renters insurance, pleasure and business policies and on commercial insurance. We are premier partners with Starr Aviation and have been able to create insurance options for those using the OpenAirplane network, making insurance coverage readily available and competitive. Because of this unique partnership, our two companies are the most familiar with OpenAirplane requirements in the aviation insurance market.

Aircraft Valuation

Do you know what your aircraft is worth? One step towards your airplane ownership budget is knowing the value of your aircraft. There is no point in spending more on insurance you do not need, but it is also important not to underinsure your aircraft either. It all starts with a call to AIR, where we can provide a free Bluebook valuation to start your aircraft insurance off on the right track.

Before you hang up your aircraft keys, consider the options above to assist in lowering your aircraft ownership costs. Often, it can start with a simple call to AIR. We shop all of the aircraft insurance companies competitive for the type of flying you do, therefore offering the broadest rates at the best prices available.

Aviation Insurance Resources provides a full range of aircraft insurance and aviation insurance products to clients of all sizes. To get started on reducing your aircraft ownership costs, please call 877-247-7767 or visit AIR-PROS.com today and receive an Aircraft insurance quote! You can also follow AIR on FacebookTwitterLinkedIn, and Google+.