Posts Tagged ‘aviation insurance’

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!

You can also follow us on FacebookTwitterLinkedIn, and Google+.

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!

 

The Truth Behind Avemco Solicitations

Thursday, November 19th, 2015

As an aircraft owner, it is highly likely your name and address has been plucked off of the FAA database for a variety of aviation-related mailing blasts. Often it can be hard to sort through the facts and fiction sold in these solicitations. We recently received a letter from Avemco Insurance Company that we wanted to review with you.

The following are excerpts from a recent mailing. While the items listed are all valid points that are important to the consumer, they are not Avemco-exclusive policy provisions. The Avemco statements referenced have been copied word for word from a letter dated 10/19/15. Let’s take a closer look together:

1. Avemco still pays your covered claim even if your medical, annual or flight inspection expires accidentally mid-term.

Life is busy! While most pilots are responsible, detail oriented individuals, important due dates can slip away from us. Luckily, most insurance carriers will still pay your claim in the event of an accidental lapse of an FAA requirement (such as your medical, annual inspection or flight review). That being said, it is important to remember that when you sign an aircraft insurance application you are attesting to the terms and conditions laid out, Avemco or otherwise.

2. Avemco connects you directly with an Aviation Insurance Specialist in our Frederick, MD home office empowered to approve coverage and solve problems.

While Avemco connects you to a company employee, Aviation Insurance Resources (AIR) takes this a step further. Our knowledgeable agents are all pilots! While Avemco representatives can approve coverage (limited by their level of authority) on the phone, we advise an insured prior to talking to the underwriter and discuss the best course of action for your specific needs. AIR works on your behalf, not the insurance company’s.

3. Avemco can give you a personalized quote and even insure you in one phone call.

Avemco can provide one aircraft insurance quote with a phone call because they have the ability to set their own rates. At AIR, we shop all of the major carriers competitive for your unique situation to provide you with the broadest coverage at the lowest available rate. We do not lock you in to just one number and one set of terms. Generally, AIR can provide you with a quote and coverage the same day and at a lower rate than Avemco.

4. Avemco lets you manage your policy, make changes and pay your premium online.

While Avemco promotes their ability to change a policy online, we like to provide you with a personal touch. We are thrilled to pick up the phone and discuss your needs pilot to pilot. In the event a phone call is not convenient for you, you can expect a prompt response from one of our agents via email. We like technology, too, and offer streamlined customer service online! Many applications and forms are available on our website, including portholes to update contact and pilot history information. You can also make your payment online!

5. Safe pilots can save up to 25% on their Avemco annual premium: Save for completing a FAASTeam WINGS course. Save for getting Avemco-recognized recurrent training or a new rating. Save for having an Instrument Rating. Save for hangaring your airplane.

Flying safe is beneficial to you and your loved ones, and to your aircraft insurance rates as well! Aviation insurance policies quoted by AIR may contain a combination of the discounts listed in the above Avemco solicitation. Discounts for FAASTeam WINGS courses and being claims free are available for both owned and non-owned policies! An instrument rating, new ratings, recurrent training, as well as hangaring your aircraft can offer additional savings! Several policies contain extra benefits and discounts for AOPA and EAA members that are not even offered by Avemco.

Line by line it is proven that AIR can offer everything that Avemco claims, plus more! So why involve the middle man? We are pilots looking out for your interest and service with integrity is our priority! Purchasing an aircraft takes time and research. With just two phone calls (Avemco and AIR) you will be provided with all available aircraft insurance quotes from the major markets to make an educated decision. We are so confident in our ability to serve you, we encourage you to call Avemco, our competitor!

To get into the air with your aviation insurance quote today, call our agent and pilots at 877-247-7767 or click here to request a quote online. To learn more about AIR you can find us at www.AIR-PROS.com, Facebook, Twitter, Instagram and LinkedIn!

 

 

 

 

 

AIR FAQ – Helicopter Non-Owned Coverage

Tuesday, November 17th, 2015

Q: My friend told me that I need insurance for renting an aircraft. Aren’t I covered under my flight school’s policy?

A: Although flight schools carry protection for their aircraft, this protection does not necessarily extend to the renter pilot. Often the flight school agreement holds the renter responsible for any and all damage if a loss were to occur. In addition, an insurance carrier may seek to recover their losses by subrogating against the renter responsible for an accident.

Q: I rent a helicopter from a flight school. I know there is fixed wing non-owned insurance, but can I get covered for rotorcraft rental?

A: For years, helicopter renters have been greatly exposed due to the lack of non-owned rotorcraft coverage in the aviation insurance market. Aviation Insurance Resources (AIR) has worked diligently to fill this need and now offers helicopter renters insurance! All of the agents at AIR are aircraft renters or owners themselves, so they understand that while most pilots never plan on having an accident, they can occur. This coverage can certainly bring “peace of mind” in the unlikely event that was to happen.

Q: I’m on a budget, is buying a renter policy really worth it?

A: Often pilots are unaware that their defense costs are also covered in a renter policy. In the event that a suit were to be brought against the renter pilot after an accident by an injured party (bodily injury or property damage or damage to a helicopter), a legal defense is provided by the insurance company and they will try and settle the suit within the limits of coverage purchased. Without coverage, just an initial consultation with an attorney for a couple of hours today would cost in excess of $500 alone. A non-owned rotorcraft insurance policy can start at as low as $304 annually for liability only! Discounts are also available if you are claims free or if you have completed a FAAST Wings phase within the last 12 months.

Q: I’m juggling a full time job along with helicopter flight training several times a week. How much paperwork is involved in securing non-owned helicopter coverage?

A: Good news! Starting helicopter renters insurance has never been easier! With one visit to our website, you can start coverage in under ten minutes and receive binder confirmation almost instantly! Simply click here to get started! Prefer to talk to an aviation insurance professional prior to starting coverage? Our agents and pilots are standing by to assist you with any questions and insurance needs. Simply call 877-247-7767 today!

Flying Club Spotlight: The Octopus Flying Club

Monday, October 19th, 2015

octopus

Flying Clubs have become an integral part of the aviation industry due to their ability to create an affordable ownership option for pilots. For over 50 years, the Octopus Flying Club has been catering to the pilots and student pilots of the DC Metro area. Recently, this flying club continued its growth by adding new aircraft and a second location in sunny Florida!

Adopting their name from eight original members, the Octopus Flying Club is friendly and flexible. Allowing student pilot memberships, no rental period minimums and multiple aircraft, the club will fit the needs of most pilots. The club also allows modern online scheduling and 24/7 access to its four aircraft in two popular locations.

Octopus’s Maryland fleet resides at Montgomery County Airpark (KGAI) in Gaithersburg, MD. The aircraft consist of a Piper Warrior, Piper Arrow and a Socata Tabago. A Piper Archer is based at KHWO, or North Perry Airport in Hollywood, FL with more aircraft planned to be added in the future. All four aircraft come with IFR certified GPS and are meticulously maintained.

About the Octopus Flying Club

Club dues are under $100 a month and student membership deposits begin at only $500. In addition, students are offered discounts when they purchase block time, making the Octopus Flying Club an excellent resource for the pilot-in-training looking to have aircraft ownership benefits without the extra overhead. For more information about joining the club visit octopusflyingclub.com, email info@octopusflyingclub.com, or call 240-536-9163.

Flying Club Insurance through Aviation Insurance Resources

The agents and pilots at Aviation Insurance Resources (AIR) are happy to assist flying clubs navigate the aircraft insurance industry. Flying clubs range in sizes in needs and AIR shops all of the aviation insurance markets to find a policy that is best suited to the club’s specific situation. To get started on your flying club insurance quote, click here to fill out an online application or call 301-682-6200 today!

Montgomery County Airpark to host Open House

Monday, October 12th, 2015

The leaves are starting to change colors and there’s a chill in the air. It’s a perfect time to fly in or drive in to one the last airport open houses of the season! Montgomery County Airpark (KGAI) and DC Metro Aviation invite pilots and aviation enthusiasts alike to celebrate the 55th anniversary of the airpark on Saturday, October 17th from 10am until 2pm.

Guests can expect to see multiple static aircraft displays to include a PanAm DC-3, live music by the band Too Much for Todd, children’s activities, aircraft rides and free hot dogs, chili and hamburgers! Aviation Insurance Resources (AIR) will have a table at the event and our knowledgeable agents and pilots will be available to answer any aircraft insurance questions you may have.

Pilots, please note that GAI is within the Washington D.C SFRA. The ramp will be closed from 7am until 3pm and the runway will be closed form 12pm until 1pm. We hope to see you at this fun family event!

Oshkosh Offer: Discounted Aviation Children’s Book with Insurance Quote

Wednesday, July 1st, 2015

Soon, thousands of pilots and aviation enthusiasts will gather on the grounds of Wittman Regional Airport in Oshkosh, WI for the 2015 EAA AirVenture. Featuring over 10,000 aircraft and a daily airshow, Oshkosh is the place toTurbo with Book be in July! Are you ready for all that it has to offer?

The pilots and agents at Aviation Insurance Resources (AIR) are getting excited to meet current and new clients at friends at the world’s largest airshow. Visit our booth in Building A, #1120 to receive the best aviation insurance rate and an Oshkosh-only special offer!

Special Oshkosh Offer:

In December 2012, Victoria Neuville Zajko, a commercial pilot and insurance agent at AIR flew to West Virginia to adopt a puppy from a local rescue. Turbo was the only appropriate name for the pup, who took to flying right from the beginning. Turbo loves to be in the air and is closing in on 100 hours logged in flight.

Inspired from Turbo’s real-life story, Zajko teamed up with newspaper publisher and friend Kelly Kennedy to create a children’s aviation book series, Turbo the Flying Dog. The first book tells shelter dog Turbo’s “tail” as he discovers he will finally have a new home and a family, but learns he must first get there by plane. Turbo has never seen a plane before, let alone flown in one, and as the story unfolds he discovers that he just may enjoy flying! Turbo’s second book, Turbo Learns to Fly, will release just in time for Oshkosh allowing young readers to follow Turbo as he takes his first flight lesson.

Victoria will be in the AIR booth with copies of books one and two from the Turbo series. She is offering a $2 discount on book purchases to those who request an aviation insurance quote during the show.

More about Turbo:

Authors Kelly Kennedy and Victoria Zajko describe the book as a light-hearted adventure for children ages four to eight focused on rescue, family, and aviation. Illustrated by Michelle Zajko, the bright colors and illustrations mimic the real Turbo and his aviation surroundings.

To learn more about the Turbo series, visit www.turbotheflyingdog.com. You can also follow him on Facebook, Instagram and Twitter!

More about AIR:

All agents at AIR are pilots and come from a strong background in aviation. When you call AIR, you will always find yourself talking to a person who is as excited about your aircraft as you are. Whether you are looking for flying club insurance or flight school insurance, Cessna 150 insurance or King Air insurance, all of our agents at AIR will take your needs personally as if it were their own.

AIR works with all the major markets to obtain the best rates at the broadest coverage available. To save time and money on your aviation insurance please contact Aviation Insurance Resources by calling 877-247-7767 or visit AIR-PROS.com today to receive your aircraft insurance quote!

You can also follow us on Facebook, Twitter, LinkedIn, Instagram and Google+.

Stop by our booth at Oshkosh: Building A, #1120 to hangar fly with us!

A Simple Path to UAV/UAS Insurance

Thursday, June 11th, 2015

Unmanned aircraft is a fast growing segment of aviation. Remote aerial photography used for weddings or real estate videos, line patrol, surveillance, agriculture and conservation are just a few of trades that are successfully broadening their business with UAV/UAS use. But with this growth comes an increased risk of liability.

Unfortunately, there has been no simple way to get liability insurance for your drone…until now. Previously, operators of smaller UAVs like those used for aerial photography, have had to fill out volumes of paperwork before obtaining a UAV insurance quote. Now thanks to the ingenuity of the aviation insurance agents at Aviation Insurance Resources (AIR), there is a quick and easy way to apply for drone liability insurance!

As the UAV and UAS industry grows, AIR will keep abreast of the latest industry developments and operator needs, making sure you are properly insured for the future. To learn more about unmanned aircraft insurance through AIR, please call us at 877-247-7769 or download our UAV and UAS application today! You can also follow us on FacebookTwitterLinkedIn, and Google+.

AIR to Display Pitts at AOPA Fly-in

Wednesday, June 3rd, 2015

PittsThe Aircraft Owners and Pilot Association (AOPA) is hosting aviation fly-ins around the country to meet its members and to join pilots and aviation enthusiasts together. All the fun kicked off on May 16th at Salinas Municipal Airport. The second event of the year will be this Saturday, June 6th at Frederick Municipal Airport in Frederick, MD.

The event takes off at 6:30pm on Friday with a barnstormers party featuring a screening of the documentary “Living in the Age of Airplanes”. A pancake breakfast and a Rusty Pilots Seminar are set for Saturday morning. The event continues with a day of aircraft exhibits and free seminars. At 2:45pm AOPA president, Mark Baker, will conduct a Pilot Town Hall meeting followed by an ice cream social. The event closes at 4pm.

The aircraft insurance specialists at Aviation Insurance Resources (AIR) will have AIR President Jon Harden’s yellow and black Pitts S1S Biplane on display. Aviation plays an important role in the lives of the agents and pilots at AIR and those in the Frederick Home Office spend many a day flying (and hangar flying) out at KFDK.

AIR provides a full range of aircraft insurance and aviation insurance products to clients of all sizes. AIR represents all of the major insurance markets and offers the broadest package of protection and the best available rates. To learn more about the Aviation Insurance Resources, 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+.

DC Flying Club Serves Pilots for 40+ Years

Wednesday, May 27th, 2015

InnFlyingClubIn July 1967 15 pilots met around a table at the Charcoal Inn in Gaithersburg, MD. After that organizational meeting the Inn Flying Club, named after that very restaurant was formed.  This not-for-profit flying club has been serving student pilots and pilots in the DC, Maryland and Virginia area continuously ever since.

Historically, the Inn Flying Club has owned several Cessna 152s, Cessna 172s, as well as a Cessna 182 and Cessna 207. Currently, they are the proud owners of an IFR equipped Cessna Skyhawk. Each aircraft that has been owned by the club is meticulously cared for by experienced members of the club. Airframe and Powerplant (A&P) mechanics and certified flight instructors are also members of therefore ensuring safe flying through aircraft care and flight training.

Join Inn!

A popular method for cutting aircraft ownership costs is by simply sharing the expenses. This can be done by getting a partner in the aircraft or joining a flying club like the Inn 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.

The Inn Flying club is currently accepting applications for new members! Please visit here to read about the application process.

Flying Club Insurance from Aviation Insurance Resources

At AIR, we provide a full range of aircraft insurance and aviation insurance products, including Flying Club Insurance. We pride ourselves on finding the insurance policy that best meets the needs of ALL of your members, no matter the size of the club or the type of aircraft. AIR agents believe in serving your flying clubs needs with integrity, by informing the club of all the necessary options to cover your insurance risk. AIR represents all of the major aviation insurance markets, so it is no surprise that we offer the broadest package of protection at the best available rates.

To find out more about Flying Club Insurance, please contact Aviation Insurance Resources by calling 877-247-7767 or visit AIR-PROS.com today and receive an Aircraft insurance quote! You can also follow us on FacebookTwitterLinkedIn, and Google+.