Pilots Flying Aircraft That They Do Not Own May Be At Risk Without Having A Non-Owned Aircraft Insurance Policy. These Policies Provide Secondary Coverage For A Nominal Amount Of Money
Obtaining A Non-Owned Aircraft Insurance
Policy Is A Must Have When Piloting Air
With more pilots taking to the skies in
aircraft that they don't own, BWI
Aviation Insurance owner Matt White
puts out the notice that pilots could be
putting themselves in major jeopardy
without the proper coverage.
For Immediate Release With the
global economy still reeling, pilots
across the United States have
considered borrowing or renting
aircraft as a cost savings measure
from owning their own.
Whereas pilots are generally aware
they need to insure their own
aircraft, some pilots have found out
the hard way that coverage is not
automatically extended to them
when they fly aircraft they do not
own.
BWI Aviation Insurance owner
Matt White is putting out a
public call to action for pilots to
understand their liability when
flying aircraft they do now own.
In a thorough article highlighting the peril pilots
face when flying uninsured, White stated that
"The aircraft owners insurance is always primary
and a non-owned policy would step in, if
coverage was inadequate or to protect the
policyholder." Surveying a host of aviation
insurance policies, there
"The problem pilots face is that they can't be
sure if they are covered," said White, "And even
if a pilot reads the policy beforehand, they may
not pick up on the fact that they are not covered."
Whereas aviation insurance is generally
affordable for most pilots, aircraft renters
insurance comes in
"The affordability of non-owned aircraft
insurance and the amount of coverage you
get makes renters insurance an easy
decision for pilots who know about it." White
recommends that any pilots flying aircraft
that they don't own to reach out to a trusted
broker and pick up coverage.
The potential financial ruin
associated with flying uncovered
turns out to be one unexpected
consequence of COVID-19 as
more and more pilots look at
sharing aircraft.
About BWI Aviation
Insurance BWI has been at
the forefront of the aviation
insurance industry since
1977.
Family and veteran-owned,
BWI sources aviation insurance
solutions for every range of
aircraft from gliders, fixed wing,
jet aircraft, drones and more.
Contact Us At:
https://bwifly.com
Policy Is A Must Have When Piloting Air
With more pilots taking to the skies in
aircraft that they don't own, BWI
Aviation Insurance owner Matt White
puts out the notice that pilots could be
putting themselves in major jeopardy
without the proper coverage.
For Immediate Release With the
global economy still reeling, pilots
across the United States have
considered borrowing or renting
aircraft as a cost savings measure
from owning their own.
Whereas pilots are generally aware
they need to insure their own
aircraft, some pilots have found out
the hard way that coverage is not
automatically extended to them
when they fly aircraft they do not
own.
BWI Aviation Insurance owner
Matt White is putting out a
public call to action for pilots to
understand their liability when
flying aircraft they do now own.
In a thorough article highlighting the peril pilots
face when flying uninsured, White stated that
"The aircraft owners insurance is always primary
and a non-owned policy would step in, if
coverage was inadequate or to protect the
policyholder." Surveying a host of aviation
insurance policies, there
"The problem pilots face is that they can't be
sure if they are covered," said White, "And even
if a pilot reads the policy beforehand, they may
not pick up on the fact that they are not covered."
Whereas aviation insurance is generally
affordable for most pilots, aircraft renters
insurance comes in
"The affordability of non-owned aircraft
insurance and the amount of coverage you
get makes renters insurance an easy
decision for pilots who know about it." White
recommends that any pilots flying aircraft
that they don't own to reach out to a trusted
broker and pick up coverage.
The potential financial ruin
associated with flying uncovered
turns out to be one unexpected
consequence of COVID-19 as
more and more pilots look at
sharing aircraft.
About BWI Aviation
Insurance BWI has been at
the forefront of the aviation
insurance industry since
1977.
Family and veteran-owned,
BWI sources aviation insurance
solutions for every range of
aircraft from gliders, fixed wing,
jet aircraft, drones and more.
Contact Us At:
https://bwifly.com