Posts Tagged ‘aviation 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!

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!

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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14 Year Old to Build BushCat Aircraft

Wednesday, May 4th, 2016
Rachel feels right at home in the BushCat

Rachel feels right at home in the BushCat

Rachel St. Louis’s first flight in a small aircraft was in her father’s Cessna 172 at 9 years old. Upon taking the controls, she knew she belonged in the air. Last year she received a seaplane lesson and as the floats of the Piper Cub touched the glassy waters on 8 different lakes, her love for aviation was sealed. Rachel took this passion a step further and became determined to build her own aircraft. At EAA AirVenture 2016, Rachel will take delivery of a BushCat aircraft kit. She is only 14 years old and paid for it with the earnings from her jewelry business, Rachel’s Jewelry.

Rachel has always demonstrated creativity and determination through designing jewelry. Starting with plastic bead and cords, she soon upgraded her earrings and necklaces to metal and found herself managing a small table at a local Christmas fair. Six years later, Rachel now attends 21 craft fairs annually with her mobile showroom. Rachel’s business success helped pave the way for diving head first into the aviation industry. She plans to learn to fly in the BushCat she builds and hopes to attend college at Embry Riddle Aeronautical University. When asked what her dream aviation job would be, her answer was to fly the F22.
With the help of her family, Rachel did extensive research on which kit aircraft to purchase. Much to her dismay, not many people took her goal of building her own aircraft seriously.

Rachel prepares a custom jewelry piece at Sun 'n Fun

Rachel prepares a custom jewelry piece at Sun ‘n Fun

That was until she met the people at AeroSport, a Wisconsin based dealer of BushCat and Sling aircraft. The SkyReach BushCat comes in several options: experimental amateur built (EAB), and experimental light sport (ELSA), and a certified light sport (SLSA). All three models are available in conventional gear or tri-gear configuration. The Sling 2 claims to be the “highest quality, high performance LSA on the market”. Its big brother, the Sling 4, is the 4-seat experimental version of the aircraft featuring a 115hp turbocharged Rotax engine.

Aviation Insurance Resources (AIR) is the official insurer of AeroSport and BushCat and Sling Aircraft. At Sun ‘n Fun 2016 AIR agents met Rachel at the AeroSport booth and were delighted to learn her story. All of the agents at AIR are pilots and have an immense passion for the industry they serve. So much so that they are offering a scholarship to further the aviation goals of future pilots like Rachel. The ‘Get into the Air‘ scholarship will be awarded at EAA AirVenture to the pilot or student pilot who best describes their motivation to be involved in the aviation industry. Applications are available online here.

No matter their background, each pilot (and future pilot) has a story to share just like Rachel. With persistence and determination there are no limits to what she may achieve. Whether you are a BushCat or Sling aircraft owner or builder, AIR looks forward to hearing your own story and assisting you with your aircraft insurance needs!

Aviation Scholarship Opportunity!

Thursday, March 17th, 2016

A $500 aviation scholarship is being offered for student pilots and pilots to help further their training. Sponsored by Frederick based aviation insurance broker, Aviation Insurance Resources (AIR), CT Designthe Get into the Air scholarship can be used towards any phase of flight training, a flight review, written exam, instrument proficiency check or a check ride.

AIR is seeking an applicant whose essay and recommendation letter best describes their goals, drive and involvement in the aviation industry. The scholarship winner will be announced at the 2016 EAA AirVenture in Oshkosh, WI. The deadline to enter is June 15th. Scholarship applications are available for download at www.AIR-PROS.com/scholarship.php.

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 scholarship questions or an aircraft insurance quote call 877-247-7767 or fill out a quote request online today!

Summer Flight Safety Leads to Aviation Insurance Discounts

Thursday, March 10th, 2016

As the snow melts, more and more pilots are taking to the sky to spread their wings in the warmer weather. While worries of ice and snowstorms may seem like a thing of the past, spring and downlow2summer weather brings about a new set of safety concerns. It is important to remember our personal limitations and to not feel pressured to meet timelines when facing this season’s unpredictable weather. Keeping safe also has a convenient side effect, it may help your insurance premiums!

Safe flying practices can often lead to helpful discounts on your aircraft insurance! For example, some carriers offer up to 5% off non-owned coverage for those that complete a WINGS – Pilot Proficiency Program or phase prior to their renewal. Others offer discounts on owned aircraft policies when a WINGS phase or annual recognized training is completed. Aircraft organizations such as EAA and AOPA offer many training materials for a pilot to keep refreshed. By simply providing your member number you can gain access to special perks and discounts on your insurance policy.

The easiest way to save money on your aircraft insurance is to call the pilots and agents at Aviation Insurance Resources (AIR). AIR shops all of the major aviation insurance markets to ensure that you are receiving the best rate and broadest coverage on your aircraft insurance. From Cessna 150 to King Air insurance and flying club insurance or coverage for corporate aircraft, AIR has a competitive policy to serve all of your needs.

To find out more about discounts on your aircraft insurance, please contact Aviation Insurance Resources by calling 877-247-7767 or visit AIR-PROS.com today! You can also follow us on Facebook, Twitter, LinkedIn, Pinterest, and Google+. Keep flying safe, we’ll see you at the airport!

Aviation Manufacturer Product Liability

Monday, January 4th, 2016

While a majority of aircraft accidents are result of pilot error, occasionally a product defect is deemed the probable cause behind an aircraft accident or incident. Aircraft are intricate machines madeEngine up of thousands of parts, both stationary and moving. Besides large components such as the engine or landing gear, many small parts such as switches, valves, caps and even bolts can play a role in aircraft safety. If you supply or manufacture a component used in an aircraft, you may be held legally liable in the event of a claim. An aviation manufacturer product liability policy can protect your business’s financial interests.

Who may need product liability coverage?

Aircraft manufacturers, STC modification builders, avionics, instrument and interior manufactures are all at risk for product liability. If your company distributes or builds aircraft propellers, sheet metal, brakes, tires, lights, etc., it is important to look into product liability. Any business that is responsible for a component that ends up in an aircraft could be held liable in the event of a lawsuit.

Three types of risk

Not all aircraft products or manufacturers are alike. However, each share three types of risk in regards to their product:

Design defect – The complete line of products is inherently dangerous.

Manufacturing defect – The component falls short in being produced appropriately.

Failure to warn – The manufacture of the product did not provide substantial instructions and warnings on the correct use of the part.

Product Protection

An aviation manufacturer product liability policy will provide a defense in the case of property damage, bodily injury or the grounding of a fleet due to a product hazard. The aviation insurance specialists at Aviation Insurance Resources (AIR) are dedicated to protecting your business and its future. AIR will guide you through the insurance process to provide you with peace of mind as your company serves the aviation industry. To learn more about aviation manufacturer product liability policies through Aviation Insurance Resources call 877-247-7767 or visit us online at www.AIR-PROS.com today!

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Aerial Advertising Insurance

Wednesday, November 25th, 2015
Aerial Adv

Skyspot Advertising Cessna 172 with Electric Sign

Aerial advertising is an extremely powerful form of marketing. Not everyone will think twice when they see a plane fly by, but a banner trailing behind it or an electrically lit sign in the night will surely demand a crowd’s attention. The message is large, it turns heads, and most importantly, it is memorable. According to Skyspot Advertising, aerial advertising grabs 88% of an audience’s attention and 79% of those recall what was being promoted. Whether they chose banner towing or an aircraft equipped with an electric sign, for marketers aerial advertising just makes sense. For pilots, it’s a grand business opportunity and a lot of fun!

A pivotal aspect of every successful business is the budget, even more so when it comes to commercial aviation operations. There are plenty of expenses to consider, especially when it comes to protecting your operation with aerial advertising insurance. Not all insurance policies are the same and not all insurance agents are either. All of the agents at Aviation Insurance Resources (AIR) are pilots and understand the proper questions that need to be asked about your business. Our goal is to provide you with a policy package to protect your assets in the event you were to be held legally liable for property damage or bodily injury. Coverage can also extend to physical damage of your aircraft and equipment.

AIR will provide you with not only the broadest coverage available, but at a rate that does not upset your company budget. We shop all of the major aviation insurance markets that are competitive for aerial advertising and banner towing, therefore offering flexibility when it comes to choosing an insurance policy that meets your specific needs. In addition, we are licensed nationwide in all 50 states to serve you better!

If you are looking to start up an aerial advertising firm, tow banners from time to time, or just wish to take a new look at your insurance rates, give the aviation experts at Aviation Insurance Resources (AIR) a call at 301-682-6200. You can also complete and online quote request today! To learn more about AIR you can find us at www.AIR-PROS.com, Facebook, Twitter, Instagram and LinkedIn!