Comments on: Longtime insurance agent comments on issue

By: Ben Sclair

Ben Sclair — Fri, 09 Jan 2009 18:12:51 +0000

Hello Robert,

Premiums are all over the map. Our list of insurance brokers is a good place to start. Click here: http://livingwithyourplane.com/professionals/insurance/ to see our list.

By: Robert

Robert — Fri, 09 Jan 2009 17:57:49 +0000

David,
how much should be the insurance for a hangar with apartment on an airpark in Texas (restriced use)?
Who would be your recommended underwriters?
Robert

By: David

David — Wed, 29 Oct 2008 13:03:45 +0000

This should be about $1,900 per year

What State are you in?

By: Dan Graham

Dan Graham — Wed, 30 Apr 2008 14:42:34 +0000

I’ve recently purchased a 2400 x 100 foot runway in a residential neighborhood and am organizing a runway association to purchase and operate it.

One issue that keeps some neighbors away is that we’ve not had much luck obtaining any sort of airport liability insurance. We have received one quote for $7K annually for a $1M liability policy. This will be split between about 5 users, so is pretty steep. This is as much as another local airport pays, one with 500 aircraft (commercial and private). Doesn’t seem fair.

I’ve called all the major insurers I could find before realizing I’m supposed to use a broker. Now I have a broker, but still cannot find a rate lower than $7000.

Does anyone have any suggestions what I can do, or where I can look further?

Dan.

By: Timothy R Norris

Timothy R Norris — Sat, 19 Apr 2008 17:40:06 +0000

Bear in mind that most “name brand” companies will actually exclude aviation liability from homeowner’s policies. Make sure you know what you have and that it is appropriate for your home, especially!