August 20, 2008
By AOPA Communications staff
Aviation insurer AIG Aviation has announced that, effective immediately, it will increase the amount of its hurricane relocation coverage, from $500 to $1,000, for qualifying policyholders.
“We commend AIG Aviation not only for improving this important coverage, but for extending the benefit to all current policyholders—not just new business,” said Greg Sterling, AOPA executive vice president of non-dues revenue.
The decision to increase coverage was made in recognition of the increased cost of fuel and other expenses owners face.
“We understand that our policyholders’ cost of protecting their aircraft have gone up; therefore, increasing this protective coverage was simply the right thing to do,” said Will Lovett, president of AIG Aviation, North America.
As part of most AIG Aviation light aircraft insurance policies, hurricane relocation coverage helps owners offset the cost of relocating their aircraft out of an area under the threat of a hurricane.
For more information, contact the AOPA Insurance Agency at 800/622-AOPA (2672).
From the NBAA convention in Orlando, a look at some new aircraft that are actually flying. NTSB chairman worries about automation causing a lack of professionalism and diminishing safety. Controlling the aircraft with the sound of your voice.
Nextant Aerospace, adding a remanufactured King Air to its remanufactured Hawker 400 offering, says the King Air (Nextant G90XT) will fly early next year.
Greg Pecoraro, AOPA vice president of airports and state advocacy, brought Indiana aviation community members up to date on the association’s initiatives.
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