Posts Tagged ‘aircraft insurance’

Aviation Insurance Resources (AIR) Agents Cannot be Replicated

Tuesday, November 21st, 2017

“Imitation is the sincerest form of flattery that mediocrity can pay to greatness.”

― Oscar Wilde

Time and time again, Aviation Insurance Resources (AIR) spots something familiar in competitors’ ads. Our slogans, premium comparison marketing campaigns, and even our company name have been replicated in print. These copycat trends continue to prove one fact: AIR is the aviation insurance broker to watch.

After 17 years with direct aviation insurance writer, Avemco, Jon Harden founded AIR in 1999. Based on a foundation of providing service with integrity for pilots, by pilots; AIR was and always will be comprised of agents that intimately know the aviation industry. Every agent at AIR is a pilot and many have owned their own aircraft.

Jon Harden – the founder of AIR is a Certified Instrument Flight Instructor (CFII) and currently owns a Pitts S1 and a Cessna 180. Last summer his daughter became a pilot as well.

Chris Wolbert – an Embry Riddle graduate, Chris is a commercial and multi engine rated pilot. He’s been flying since 1990 and is one of the founders of AIR.

Gregg Ellsworth – has been a private pilot since the 70s. He is also an Embry Riddle graduate with an aviation management degree.

Jon Shimer – an A&P and private pilot with instrument and multi engine ratings, Jon has flown over 65 different models of aircraft. He has owned a Pitts Special and a J-3 Cub. He also performs with the Alabama Boys airshow act.

John Sweeney – learned to fly at Winged Spartans Flying Club of Michigan State University in 1969 and is a CFI. He has 37 years of experience in the aviation insurance industry and his first insurance job was as an aviation claims adjuster.

Victoria Neuville – an instrument rated commercial pilot, Victoria’s spare time is also centered around aviation. She can be found promoting her children’s book series, Turbo the Flying Dog and co-hosting the Stuck Mic AvCast aviation podcast.

Patrick Smith – Patrick is AIR’s only lighter-than-air pilot and commercial CFII. When the sun rises and sets, Patrick is busy flying with his hot air balloon business, Tailwinds Over Frederick.

Joe Ruck – firefighter turned pilot, Joe is also a CFI. He looks forward to being able to sign off his three great nephews and two grandsons for their first solos one day.

Joe Cacho – a private pilot, Joe joined the original members of the AIR team in 1999. He is also an Embry Riddle graduate and favorite place to fly is in the Florida Keys.

Bill Snead – the newest agent at AIR is not by any means new to the business. With over 35 years of aviation insurance experience, Bill is a commercial pilot and flies gliders.

As you can see in each short biography above, every pilot at AIR brings unique aviation experience to the table. This group of aviation insurance agents simply cannot be replicated. The next time you see an aviation insurance ad, think twice if it is unique, or simply mimicking something greater.

Serving our fellow pilots for over 18 years, AIR understands the budgeting needs of aircraft owners and aviation business operators. We shop all the major aviation insurance markets to provide the broadest coverage at the lowest rates. Call Aviation Insurance Resources (AIR) at 301-682-6200 or complete an online quote request to start saving today!

 

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!

Winners Tied: Two Aviation Scholarships Awarded

Monday, July 24th, 2017

Oshkosh, WI June 24, 2017 – Leading aircraft insurance broker, Aviation Insurance Resources (AIR), announced today the results of the 2nd annual “Get into the AIR” aviation scholarship. AIR received applications from pilots and student pilots from all walks of life, each with remarkable stories. Only one scholarship was slated for 2017, however, two very deserving individuals stood out prompting AIR to reward two scholarships this year.

Fascinated by aircraft from the World War II era since an early age, student pilot Heather Geer plans to follow in the footsteps of her idols, the WASP (Women Airforce Service Pilots). To reach her dream of becoming a warbird pilot, she plans to gain hours and experience by becoming a tailwheel instructor. Heather plans to complete her private pilot certificate by this October. In her spare time she can be found volunteering with the Bravo 369 Foundation, a non-profit focused on STEM education, aviation history and aircraft preservation.

Heather Geer

Get into the AIR Scholarship – Heather Geer

For the last decade, Chelsea Dorman could be found at the oldest continuously operating airport in the world, College Park Airport, guiding future young aviators on the history of aviation. As the College Park Airport Museum’s program coordinator, she has overseen many aviation centric events from lecture programs, to happy hours and community outreach. With the help of the Get into the AIR scholarship and saving her earnings as a figure skating coach in the winter, Chelsea will soon be on her way to becoming a pilot herself!

Chelsea Dorman

Get into the Air Scholarship – Chelsea Dorman

Applicants were judged on essays and recommendations letters that best portrayed the pilot’s goals, drive, and commitment to the aviation industry. While competition was fierce, AIR could not be happier with rewarding these two dedicated individuals. The Get into the AIR aviation scholarship will be available again in 2018.

About Aviation Insurance Resources (AIR)

Since 1999, AIR has remained closely connected to the industry they serve, many of their customers are friends and some are even family. This is because all of the agents at AIR are pilots and understand the needs and challenges in owning or renting an aircraft and aviation related businesses. No matter your involvement in aviation, AIR can provide a comprehensive yet economical solution for your needs. For updates on future scholarships or an aircraft insurance quote call 877-247-7767 or fill out a quote request online today!

Aircraft Insurance – Call that Middleman!

Wednesday, March 1st, 2017

The Avemco Insurance Company has released a new advertisement in AOPA Pilot depicting a man in a suit falling out of the sky. The text reads “We got rid of the middleman” and correctly states that Avemco is the only direct aircraft insurer. This silly ad creates quite the visual, however, there are several reasons why it’s important to have that insurance middleman in your life!

Competition

Why contact a direct insurance underwriter when you can have over 18 carriers competing for your business-all with one call? The ultimate benefit of this competition is the price. You are more likely to obtain a lower premium when requesting quotations from 18 companies versus just one. Avemco sets their own rates. While the employee you speak to has the simple authority to provide a quotation, they can only supply one quote. An aviation insurance broker does the work for you-obtaining competitive rates from multiple insurance carriers. More options equal more savings!

Choices

As stated above, Avemco can supply only one quote and therefore one set of policy terms. Access to multiple carriers creates more flexibility in policy conditions. For example, most pilots transitioning into new aircraft are required to complete some dual instruction or formal manufacturer training which can be costly. Training requirements vary by underwriter and the pilot can pick the policy that has the training requirements that best fits his or her needs. Other options that vary from carrier to carrier would be available liability limits or the open pilot warranty.

Change

The aviation industry is ever-changing and it is important to have an insurance policy that changes with it. Most insurance carriers have adapted a “per passenger” policy form. Meaning the sub-limits on the liability portion of your policy are limited to passengers only. Avemco still uses a below standard policy form, their sub-limits are written on a “per person” basis. Therefore, anyone injured inside or outside of the aircraft are limited to only $100,000! In addition, thanks to the many aviation insurance carriers in the market, it is possible to obtain a policy without a sub-limit, also known as “smooth limits”.

Call

We challenge you to see the results a middleman can provide! At Aviation Insurance Resources (AIR) all our agents are pilots so we understand your needs as a pilot and aircraft owner. The graphics below say it all-our efforts will save you both time and money. Call our agent and pilots at 877-247-7767 or click here to request a quote online to start saving today!

 

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A Real Conversation on Aviation Insurance

Thursday, December 1st, 2016

View the Original post on the Airplanista Aviation Blog

By Victoria Neuville,

Airplanista Guest Blogger

The sun was setting as Bill pulled out folding chairs for himself and his friend Jeff. The soda cans hissed as they opened and the men sat down and breathed in the airport scenery. The hangar chat soon turned towards aircraft insurance. Bill’s Cessna 180 policy was expiring next month and he was surprised to hear he was paying considerably more than Jeff who also had a Cessna 180! Bill promptly pulled out his cellphone to call a fellow pilot who was an aviation insurance broker.

Leaning forward in their chairs, the pilots listened intently to the woman over the speakerphone. “Let’s make sure this is an apples to apples comparison first as there are several items to take into consideration when it comes to aviation insurance rates,” she explained. Bill trusted Victoria to provide honest feedback, he wanted an insurance broker who is immersed in the aviation industry and specializes in aviation insurance to protect his assets.

“Pilot experience in the aircraft being flown is a primary factor in determining insurance rates. Jeff has over 2,000 hours experience in tailwheel aircraft and has an instrument rating. Bill, you are relatively new to tailwheel aircraft with 50 hours of tailwheel time. This, plus the fact that an instrument rating can save a pilot around 10% on their insurance explains why your rates are higher than Jeff’s.” she clarified.

Victoria then taught Bill and Jeff about the importance of knowing the value of their aircraft. While some owners carry liability only, most pilots opt to carry hull coverage on their airplane. Those who insure their aircraft for more than true market value are paying for more insurance than is necessary. If the aircraft were to sustain major damage the insurance carrier may just pay for it to be repaired when the plane would otherwise be totaled. On the other end of the spectrum, underinsuring may result in a “constructive total loss” where the cost of repairs plus salvage value exceeds the insured value.

Satisfied with Victoria’s explanation Jeff interjected, “How much liability coverage should I carry?”

The liability portion of an aviation insurance policy includes protection for property damage and bodily injury. The pilots were recommended to purchase as much liability that is affordable to them. Industry standard and the minimum required by most airports is $1,000,000 liability with a $100,000 per passenger sublimit. This limit states that property or persons outside of the aircraft can receive up to $1,000,000 for damages. Individuals inside the aircraft have $100,000 available for injuries. It is important to be aware that some outdated policies are written with a per person (versus per passenger) sub-limit stating that all individuals both inside and outside the aircraft only have a maximum of $100,000 available. In any case the maximum available for all bodily injury and property damage combined would be $1,000,000 total.

Insurance policies containing no per passenger or per person limit are often called “smooth limits”. While not available in every situation, it is in the interest of the insured to inquire if smooth limits are available on their policy.

To keep the discussion going, Bill inquired what he should do if he were to fly a friend’s airplane or rent from a flight school.

“Non-owned insurance, often called renter’s insurance, provides coverage when operating an aircraft that is not owned completely or partially by the pilot. Unlike owned policies, non-owned insurance premiums are rated on the limits of coverage purchased, not pilot experience. An ATP and a student pilot could have the same rates if they purchased the same limits. Since both of you are individual aircraft owners, your insurance may already have non-owned coverage included when flying a similar category and class aircraft. An additional policy may not be needed!”

She then explained the importance of non-owned coverage. Many pilots assume they are covered under their flight school or the aircraft owner’s policy. Sometimes that is true; however, that does not exempt the insurance carrier from subrogating (recovering their loss) against the pilot responsible. Another essential aspect of the non-owned policy is it covers the liable pilot’s legal fees. Often an hour of a lawyer’s time costs more than the insurance policy itself.

Many flight schools require non-owned coverage so that the renter pilot can cover their deductible in the case of a loss. In addition, when non-owned physical damage is purchased the policy may include loss of use, so the flight school can recover lost earnings while the aircraft is off the flight line.

Bill smiled, “Here’s a question. Why should we call you for our aircraft insurance?” Victoria laughed, “Great question! Most insurance companies do not work directly with the insured, so a broker is required. However, not all brokers are alike. Competition is the fuel behind industry rates and working with an aviation insurance broker that is appointed with all the major aircraft insurance markets will save you both time and money on your policy.  Access to multiple insurance carriers also provides flexibility before committing to a specific carrier’s requirements. Also, being able to work with a broker who specializes in aviation insurance and understands the industry as a pilot themselves adds a lot of credibility.”

“Thank you for taking the time to explain aviation insurance to us tonight. You have been so very helpful, let’s just hope I never need it!” Jeff exclaimed when their conversation was over. Bill nodded in agreement. The sky was getting dark and the moon sent shadows across the taxiway. The hangar door shut with a clank and the Cessna 180 awaited behind closed doors for its next flight.

Victoria Neuville is an instrument rated commercial pilot, the author of the Turbo the Flying Dog book series and a co-host on the Stuck Mic AvCast aviation podcast. She has over 6 years of experience as an agent managing accounts for Aviation Insurance Resources (AIR), an aviation insurance broker headquartered in Frederick, MD. When you call AIR at (877) 247-7767 to speak with Victoria, make sure to mention you heard about AIR on Airplanista!

Fall Flying at the DeLand Sport Aviation Village

Tuesday, November 1st, 2016

Summer may be over, but the best flying weather is still to come. For those looking to escape the chilly weather and spend time with aviation enthusiasts, the Deland Sport deland-savas-logo-color-low-res-web-06-06-16Aviation Showcase in DeLand, FL is THE place to be this November! The inaugural event aims to showcase all aspects of light sport aviation through DeLand’s “Sport Aviation Village” featuring a plethora of forums and exhibitors.

Booth #308 in the showcase will have some familiar faces! Those of Chris Wolbert, Gregg Ellsworth, Joe Ruck, Joe Cacho and Jon Harden, aviation insurance specialists at Aviation Insurance Resources (AIR). As pilots themselves, the agents of AIR love to get into the heart of the industry and meet personally with the pilots and business owners they serve. Stop by the AIR booth to discuss your aircraft insurance or just “hangar fly”.

Chris Wolbert and Gregg Ellsworth will be sharing their expertise Friday the 4th with their presentation “The Aviation Insurance Market Place Today: Always Changing”. Guests are encouraged to stop by Forum 2 at 3:30pm to learn the basics of aviation insurance and how industry changes are affecting you.

Just 40 miles north of Orlando, the DeLand Sport Aviation Village and Showcase runs November 3rd through 5th following the NBAA convention. Camping is available on the airport and shuttles are available to nearby hotels. To learn more about this great event visit: sportaviationvillage.com.

 

Sling 2 Aircraft Soars Effortlessly at the Midwest LSA Expo

Wednesday, September 14th, 2016
sling2

Photo courtesy Midwest Sky Sports

Overcast skies did not subdue the excited pilots and exhibitors at the Midwest Sport Aviation Expo in Mt. Vernon, Illinois last weekend. As in years past, this free event welcomed aviation enthusiasts from around the nation to discover the latest the sport aviation industry has to offer. To Aviation Insurance Resources (AIR) agent, Gregg Ellsworth, the Sling aircraft created the biggest draw.

Granted, Gregg’s opinion may be a bit biased as he quickly found himself strapped inside the Sling, enjoying the fresh breeze with the canopy pulled back, taxiing towards the runway. With the low ceiling, Gregg and instructor Andy Enos from Lapeer Flight Training in Lapeer MI, leveled off at 2,000 feet. Despite a chop in the air, Gregg performed steep turns and other maneuvers, finding the Sling to be sporty but stable and easy to fly.

“The Sling is an easy and simple aircraft to learn to fly in while still having great technological features such as the glass panel,” Gregg said after the flight. He added, “the view can’t be beat!”

AIR was instrumental in making insurance available for many new LSA aircraft entering the market and quickly became a leading LSA insurer. With access to all the aviation insurance markets, AIR is able to obtain the lowest available rates without compromising coverage. AIR is the official insurer of Lapeer Flight Training as well as Sling Dealers Midwest Sky Sports and AeroSport, both who were in attendance at the expo with their respective Sling 2 aircraft.

AIR provides a full range of aircraft insurance including other light sport aircraft such as the Flight Design, Czech Sportcruiser, CubCrafters, Evektor, Tecnam and more! AIR represents all of the major aviation insurance markets so we can offer you the broadest package of protection at the best available rates.

For more information call 301-682-6200 or request a quote online today!

 

Insurance Benefits for The Cub Club members!

Tuesday, August 16th, 2016

As a member of The Cub Club you are eligible for certain benefits. Have you taken advantage of what The Cub Club’s official insurance provider has to offer? Since 1999 Piper Cub owners have placed their trust in Aviation Insurance Resources (AIR). AIR is partnered with all of the major aircraft insurance markets therefore providing the broadest coverage at the best rates available. Furthermore, all of our agents are pilots. Aviation is not just an industry we work in, it’s a passion we share with our clients every day.

To get started on your official Cub Club aircraft insurance quote please call 877-247-7767 or apply online today and experience the difference! Be sure to mention that you are a member of The Cub Club!

Testimonials:
“With AIR I found better coverage, lower deductibles and an annual premium 50% lower than Avemco.” Mike S., VA

“AIR brings together the knowledge required to find the best value for all of us, and they do it well.” Keith, Paul & Debbie P., CA

“The aviation industry requires professionals with a deep knowledge of industry and personal needs and AIR is an outstanding example of those attributes.” Steven S., OK

 

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Scholarship Awarded to Aircraft Dispatcher; Future Flight Instructor

Monday, July 25th, 2016

Scholarship Awarded to Aircraft Dispatcher; Future Flight Instructor

Oshkosh, WI June 25, 2016 – Leading aircraft insurance broker, Aviation Insurance Resources (AIR), announced today the finalist in their inaugural “Get into the AIR” aviation scholarship. The competition was fierce but the AIR scholarship committee ultimately decided on an aircraft dispatcher that stood out from the rest of the applications, Caitlin Lyons.

Filled with lofty goals, Caitlin’s determination is unmatched. During her private pilot training, Caitlin lived in Manhattan without a car. Her commute to a general aviation airport consisted of 1 ½ hours by train followed by a three mile walk one way; all while working full time! Caitlin’s career change to an aircraft dispatcher has brought her to California where she has begun advanced training. She is a member of Girls with Wings, The Ninety-Nines and Women of Aviation. In her spare time, she enjoys speaking to others about aviation, especially women and children.

Caitlin will be using the $500 scholarship to kick start training for her instrument rating. She plans to complete her instrument rating, commercial rating, as well as her CFII and MEI within the next two years. You can keep up-to-date with Caitlin’s career progress on her blog at www.CessnaChick.com.

About Aviation Insurance Resources (AIR)

Since 1999, AIR has remained closely connected to the industry they serve, many of their customers are friends and some are even family. This is because all of the agents at AIR are pilots and understand the needs and challenges in owning or renting an aircraft and aviation related businesses. No matter your involvement in aviation, AIR can provide a comprehensive yet economical solution for your needs. For updates on future scholarships or an aircraft insurance quote call 877-247-7767 or fill out a quote request online today!

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