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CFI Non-Owned
Aircraft Insurance is designed to protect both the part time and full
time
Certificated Flight Instructor when instructing in an aircraft not
belonging to the CFI. Whether you are instructing in the
student's owned aircraft, an aircraft owned by a flying club, or even
if you work for an FBO, you should protect yourself by purchasing your
own policy. Many CFIs don't realize that even if an
aircraft owner names them as an approved pilot of that airplane, the
aircraft insurance policy may not provide liability protection for the
CFI. The insurance
carried by the FBO or aircraft owner protects their
interests – not yours. There is no
guarantee that the aircraft's insurance will cover you completely in
the event of an accident, or if they carry limits that are high enough
to adequately
protect you.
You
need to consider factors such as your personal assets, earnings, the
liability limits you carry on your other insurance policies such as
auto or homeowners, whom you carry as passengers, and how much
insurance you can afford. Obviously, buying the most coverage you can
afford is your safest bet.
Chartis CFI Non-Owned Insurance Program
The
standardized rate non-owned aircraft insurance policy offered by
Chartis
Aerospace Insurance covers:
- Personal and business related flying and flight
instruction to others in non-owned
fixed wing, non-pressurized, land aircraft
- Non-turbine single
engine of 450 horsepower or less (including non-powered
sailplanes)
- Capacity of no more than seven (7) total
passengers and/or seats (1
pilot and 6 other passengers)
- Standard, Experimental, Restricted
or Light Aircraft Certificate
- Not furnished to you for more than
thirty (30) consecutive days
Liability Coverage is
available in 4 increments
- $25,000 per passenger / $250,000 per occurrence
- $50,000 per passenger / $500,000 per occurrence
- $100,000 per passenger / $500,000 per occurrence
- $100,000 per passenger / $1,000,000 per
occurrence
Physical Damage Coverage
is available in
conjunction with Liability Coverage. Increments
for this coverage range from $5,000 to $200,000.
Optional Coverage:
- A "Civil Air Patrol
Endorsement" can be added to expand coverage for your involvement in
sanctioned civil air patrol activities.
- TRIPRA (terrorism risk insurance) coverage can
be added for $1
- Your employer may be named as an additional
insured for an additional fee
- A discount is available for AOPA members
Download the non-owned
aircraft insurance application form today. Just fill out
the form, sign it, and mail it to our office with your payment. If you
have any questions, just give us a call and we'll be happy to help.
Other Non-Owned Aircraft Insurance
If the standardized rate policy does not meet your
needs,
we can still help you arrange coverage
-- it will just need to be quoted by the insurance company. Coverage is
available for turbine, multi-engine, rotorcraft, or other high
performance
aircraft with higher limits of liability.
Fill
out our Quick Quote form today with a little information
about
yourself and the aircraft you rent, borrow, or instruct in
and we’ll help get you
competitive insurance quotes right away. Or simply give us a call and
we'll walk you through the
process.
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