Posts Tagged ‘workers compensation’

Take the Work out of Aviation Workers’ Compensation

Thursday, April 21st, 2016

refuelingIn many states workers’ compensation insurance is required by law. While these policies are essential to protecting a business and its employees in the case of an injury, many aviation companies run into exclusions related to their type of business. An aviation workers’ compensation policy from an aviation insurance broker can ensure corporate flight departments, flight schools, maintenance shops and other aviation businesses are properly protected at a fair rate.

An Aviation Workers’ Compensation policy from Aviation Insurance Resources (AIR) can provide the protection your business needs in a simple and straight forward process. All you need to get started is estimated annual salaries of your employees broken down into part and full time as well as their work assignments. With convenient benefits such as pay as you go, your audits will become easier and more predictable.

The insurance carrier can provide safety recommendations that can lead to a safer work environment that over time may lower your premium. Other options may include: foreign voluntary workers’ compensation, emergency international medical assistance, employers’ legal liability and extensions to include first responders.

AIR strives to take the hard work out of your aviation workers’ compensation insurance. With agents averaging over 30 years in the aviation insurance industry, business owners can take comfort that their risks are handled professionally by aviation insurance experts. Providing a full range of aircraft insurance and aviation insurance products to fit each client’s needs, AIR is ready to serve you! To request an aviation insurance workers’ compensation or another aviation insurance quote call 877-247-7767 today!

How to get the best rate on your aircraft insurance in one easy step!

Monday, January 25th, 2016

Before purchasing an aircraft, most pilots complete a cost analysis to determine the annual expenses and sustainability of aircraft ownership. Lower aircraft expenses generally mean more time in the air for the Over Brunswick 2010-01-31pilot and ways to safely cut these costs are often pursued. While aircraft insurance is a smaller percentage of annual aircraft expenses, it is an area that is worth the extra research to reduce rates. One company takes the challenge out of finding the lowest rate for your aircraft insurance while maintaining the broadest package of protection.

Founded by two pilots in 1999, Aviation Insurance Resources (AIR) solicits quotations from the major underwriters that would be the most competitive for the type of flying you do and the coverages you require. AIR has since continued to grow and prides itself in the tagline “Pilots Protecting Pilots” as all our agents are also pilots and share a great passion for the aviation industry. AIR also has four locations across the United States to better serve you!

AIR specializes only in aviation insurance and can provide aviation insurance policies for:

Owners Aircraft Insurance (airplanes, rotorcraft, gyrocopters, gliders, light sport aircraft (LSA), seaplane, turbine, jet, very light jet (VLJ), experimental and standard category)

Renters Aircraft Insurance

Sport Pilot Insurance

Fixed Base Operator (FBO) Insurance

Flight School Insurance

Aircraft Charter Insurance

Aviation Premises Insurance

Aviation Products Insurance

Hangar Keepers Insurance

Workers’ Compensation

Hangar Insurance

UAV/UAS Insurance

Aerial Photography Insurance

Flying Club Insurance

Skydiving Insurance

…and more!

 

Serving our fellow pilots for over 17 years, AIR understands the budgeting needs of aircraft owners and aviation business operators. Call Aviation Insurance Resources (AIR) at 301-682-6200 or complete an online request to start saving today! You can also follow us on FacebookTwitterLinkedIn, and Google+.

Aviation Insurance: Workers Compensation Explained

Wednesday, November 5th, 2014

Business owners maintain a high level of responsibility. Deadlines must be met, customer satisfaction is a priority and employees need to be kept safe. An important aspect of a thorough business plan is ensuring that the company and employees are protected in the case of an injury from an on-the-job hazard.

Most states require Fixed Base Operators (FBOs), corporate flight departments, flight schools, and maintenance shops to acquire workers compensation insurance to safeguard its assets and employees. The first part of workers compensation policy covers direct work related employee injury, regardless of fault. This segment of the insurance provides medical payments and loss of pay to the incapacitated party. There are no limits set on employee injury liability.

Employers’ legal liability is the next portion of workers compensation insurance, where various limits can be purchased. This covers the legal defense of the business as well as negligence pay.

When speaking to your agent about aviation workers compensation insurance, it is best to have the estimated annual salaries of all the individuals in your company prepared, the number of individuals employed part time and full time, and their work assignments.

Workers compensation insurance is a necessity for aviation businesses and non-aviation related businesses alike. A non-aviation employer who uses general aviation aircraft for business should confirm that their workers compensation policy includes an employee flying a general aviation aircraft as a crewmember.

Workers compensation is as important to a business as choosing an insurance agent who understands your specific needs. Aviation Insurance Resources (AIR) has been providing aviation corporations with workers compensation insurance for over 15 years. With agents that average more than 30 years experience in the aviation industry, business owners can take comfort in the fact that they are properly protected by aviation insurance experts.

Aviation Insurance Resources provides a full range of aircraft insurance and aviation insurance products to fit each client’s needs. From workers compensation to aircraft insurance, 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 and aviation workers compensation insurance please call 877-247-7767 or visit AIR-PROS.com today and receive your insurance quote! You can also follow AIR on FacebookTwitterLinkedIn, and Google+.

Navigating Aircraft Maintenance Insurance

Sunday, October 26th, 2014

There are a number of scientific principles that go into an aircraft to keep it in the air. Aside from aerodynamics and the physics of flight, there are actually people and companies dedicating their careers to keeping your aircraft flying. Those are the people at your local aviation maintenance center. And just like properly insuring an aircraft to protect your investment and liability exposures, aircraft maintenance facilities need the appropriate coverage to protect them from potential claims and financial hardship.

Premises Liability

Any business can be liable for simple bodily injuries such as a slip and fall on the sidewalk to more dramatic bodily injury and property damage. Premises liability is first priority for aviation businesses such as aviation maintenance facilities. Premises coverage protects the company and the claimant in cases of bodily injury and property damage in and around the insured property.

Products /Completed Operations Liability

A client has a new engine installed and expects all to be in working order when departing with their newly upgraded aircraft. What happens if something were to go wrong? Completed Operations/Product liability provides protection for losses or injuries arising out of a service you provided or product you have sold.

Hangar Keepers Liability

Aircraft owners take comfort in placing their aircraft in capable hands; however, sometimes accidents do happen. Perhaps an employee moved an aircraft to fit another aircraft in the maintenance hangar and the aircraft suffered some hangar rash. Hangar Keepers liability insurance protects a maintenance shop from liability when a non-owned aircraft is damaged while in your care, custody or control whether for storage and repair.

Building/Contents Insurance

Every maintenance shop needs a home base and a location to store valuable tools and equipment. Building and Contents insurance is exactly what it sounds like; it covers your structure and tools in the event of a loss.

Worker’s Compensation

Worker’s comp covers you in the event one of your mechanics is injured while on the job. An employee injury on the job can lead to costly medical expenses and loss of work. Aviation businesses such as maintenance shops, flight schools, FBO’s and corporate flight departments depend on aviation workers compensation insurance to properly safeguard the aviation related exposures of their business.

Safety First

A proper safety and training plan in the workplace can reduce the chance of a preventable mishap and claim. Discussing your plan for training with your aviation insurance specialist can help you secure the best terms for your department.

About Aviation Insurance Resources

Aviation Insurance Resources (AIR) has been assisting aviation maintenance centers in protecting their businesses for over 15 years and our agents average more than 30 years experience in the aviation industry. Cessna Pilot Centers, Cirrus Service Centers, Bombardier Service Centers and McCaully Prop Shops can depend on service with integrity and the broadest policy coverage. If your business focus is a small aircraft repair shop to a large jet center MRO or an avionics service center, AIR will match the best policy for you and the best available rates.

Aviation Insurance Resources provides a full range of aircraft insurance and aviation insurance products to fit each client’s needs. 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 and aviation maintenance shop insurance please call 877-247-7767 or visit AIR-PROS.com today and receive your insurance quote! You can also follow AIR on FacebookTwitterLinkedIn, and Google+.

Insuring a Corporate Flight Department: Turbo Props & Jets

Wednesday, September 17th, 2014

Many businesses depend on general aviation to get their owners and employees from point A to point B. An integral part of their business is based on an efficiently and safely run corporate flight department. That safety can have a positive effect on the insurance rates for their corporate aircraft, a key factor to consider when starting a flight department.

Safety First

Whether owner flown or professionally flown, one criterion for a corporate flight department is developing an initial and recurrent training program in house, or obtaining one from a formal school.  Discussing your plan for training with your aviation insurance specialist can help you secure the best terms for your department. Often your insurance agent can visit your department and introduce you to those underwriting your policy, providing them with an in person evaluation. In addition, an International Business Aviation Council (IS-BAO) certification is recommended.  According to the IS-BAO website, it “is designed to promote use of high quality operating practices for international business aircraft operations. It provides baseline requirements for structuring flight departments and planning and conducting their operations”.

Corporate Flight Operations

Common aircraft flown in corporate flight departments include the Cessna Citation, Embrear Phenom, the Bombardier Global, Learjet and Challenger series, the Dassault Falcon and Gulfstream 550 and Gulfstream 650.  When consulting your aircraft insurance specialist, they will ask a few questions about each aircraft’s flight operations.

  • How many hours will the aircraft fly annually?
  • What is the average passenger load?
  • Where does the aircraft usually fly? Does it fly internationally?
  • Where is the aircraft maintenance done and who will perform it?

Workers Compensation

Other insurance concerns besides just aircraft coverage should be considered in protecting an aviation business. An employee injury on the job can lead to costly in medical expenses and loss of work. Aviation businesses such as flight schools, FBO’s and corporate flight departments depend on aviation workers compensation insurance to properly safeguard the aviation related exposures of their business.

About AIR

Aviation Insurance Resources (AIR) is licensed in all 50 states and provides a wide range of insurance options for flight departments of all sizes, covering business jets to helicopters.  AIR represents all of the major aviation insurance markets, therefore offering you the broadest package of protection at the best available rates.

To insure your corporate flight department, please contact Aviation Insurance Resources by calling 877-247-7767 or visit AIR-PROS.com today! You can also follow us on FacebookTwitterLinkedIn, and Google+.