Archive for September, 2017

First Flight Insurance Solutions

Monday, September 25th, 2017

Over a thousand hours of build time has gone into your aircraft. Many late nights out at the hangar and several seasons have passed, but the big day is finally here. Your pride and joy, your biggest accomplishment, is about to take its inaugural flight. Despite all your cross checks and due diligence, the nagging question is still in the back of your mind. Could something go wrong?

Many pilots mistakenly believe that there are no options for insurance coverage during the fly-off stage and settle for sub-par 3rd party liability programs. These programs do not include hull coverage, are limited in their available defense, have low property damage limits, and outdated bodily injury terms. While these programs are often the only option for non-registered aircraft, real aviation markets offer the best coverage for the majority of homebuilt aircraft.

From RVs to the Sonex, whether you’ve built a SeaRey or a Glasair, Aviation Insurance Resources (AIR) has your first flight solution. AIR works with all the aviation insurance markets, therefore, offering many options for insuring your first flight risk. Your AIR agent will go over with you the terms of each option for the fly-off stage of flight. A majority of these policies include hull coverage and industry standard liability limits.

AIR also offers a builders and restorers insurance program, designed to protect the aircraft during the building or restoring stage regardless of pilot experience and qualifications. Customized with your needs in mind, this new insurance plan offers flexible liability and hull coverage options.

“As a friend of many aircraft builders and as a homebuilt owner myself, I cannot imagine the devastation of losing an aircraft after hundreds of hours of work,” said Jon Harden, president and founder of AIR. “Our affordable program is worth it just for the peace of mind.”

Peace of mind is exactly what the agents and pilots provide at Aviation Insurance Resources. So, before you weld another joint or place another rivet, contact the pilots and agents at AIR! Call 877-247-7767 or submit a quote online today!

Aircraft Insurance – A look back

Monday, September 18th, 2017

18 years ago, the aviation insurance industry looked quite different. Besides insurance direct writer, Avemco, only eight other companies offered aircraft insurance.  To gain access to these companies, a pilot must go through an aviation insurance broker. Since the 90s, the aviation insurance industry has grown considerably. There are now 18 aircraft insurance carriers vying for a pilot’s business. Competition is fueling the rates and premiums are lower than ever, therefore benefiting the consumer.

In 1999 a new aviation insurance broker came on the scene: Aviation Insurance Resources (AIR). Established by former Avemco employees, these pilots set out to create an aviation insurance brokerage that provided the best rates and the broadest coverage for their clients.  This was a period of high premiums, strict training requirements, and transition pilots were near impossible to insure. However, AIR was appointed with all the aviation markets, offering their customers all the available options in the industry.

Today, new aircraft insurance policies have been developed including the LSA class and Unmanned Aerial Vehicles (UAVs). Within the past decade insurance carriers have improved and enhanced their policies to maintain customer loyalty. Policies have since been written in a much broader language, training requirements are more lenient, higher liability limits are available, and transition pilots are easier to insure at the right price-point. AIR has been at the forefront of all these changes and passing along the savings to their insureds.

Soon AIR will be celebrating their 20th anniversary. Many of their insureds have been with them since day one and many other pilots are constantly discovering the benefits of calling these aviation insurance specialists. The pilots and agents at AIR focus on integrity and place customer service as a priority above profit. To have an agent start shopping all the markets on your aviation insurance policy call AIR at 301-682-6200 today!