by Ben Peterson | Jul 18, 2023 | Aircraft
At times, you may have to loan your aircraft to another pilot for one reason or another. If there are damages or, worse, hull loss during the lease period, your pilot warranty in your insurance policy will determine if, or if not, your insurer will cover the claim,...				
					
			
					
											
								
							
					
															
					
					 by Ben Peterson | Jul 12, 2023 | Aircraft
More Aviation Underwriters Inbound! The pool of aviation insurance companies continues to grow, especially for the mid to light aircraft market. Below are some blog updates I did that should help some of your clients navigate through the owner flown insurance market....				
					
			
					
											
								
							
					
															
					
					 by Ben Peterson | Jul 12, 2023 | Aircraft
BasicMed, as an alternative to third-class medicals, has become a haven for several pilots, and thankfully, this new medical privilege has allowed many pilots to fly again. While BasicMed generally covers private and recreational pilots, the aircraft limitation...				
					
			
					
											
								
							
					
															
					
					 by Ben Peterson | Jul 6, 2023 | Aircraft
Pilots, aircraft owners, manufacturers, and everyone in the aviation industry constantly face risks of different kinds, and insurance coverage is the best way to counteract such risks. Over the years, several insurance companies have cropped up, providing insurance...				
					
			
					
											
								
							
					
															
					
					 by Ben Peterson | Jul 5, 2023 | Aircraft
Since the introduction of BasicMed as an alternative to the more stringent third-class medicals, over 80,000 pilots now fly under BasicMed. Undoubtedly, it has been a blessing to the aviation industry, especially to older pilots who were initially unable to fly. ...				
					
			
					
											
								
							
					
															
					
					 by Ben Peterson | Jun 20, 2023 | Aircraft
Owning a private plane can be an exhilarating experience, offering unparalleled freedom and convenience. However, it’s crucial to understand the financial obligations that come with it, one of the most important being insurance. The cost of insuring a private...