Membership Services
Make sure you’re covered
“You’re not covered!” Those are words no pilot wants to hear after having an accident with a rented or borrowed aircraft, but many pilots could hear those words because they did not have aircraft renter’s insurance.
Many who rent aircraft mistakenly believe they are covered by their flight school or FBO’s policy. Don’t count on it. Check the policy carefully because the fine print could tell you that while these entities are covered themselves, their insurance company can sue you, the renter, for the entire claim amount.
Even a small mishap could put you in financial jeopardy, but with a nonowned policy, you can have the coverage you need to fly with confidence. If you’re sued because of a covered accident or claim, defending yourself in court can be very expensive, averaging $20,000 or more. The good news is that your nonowned policy provides coverage for these legal defense costs in addition to your purchased policy limit, regardless of the verdict.
Make sure you’re flying with the best coverage available. Renter’s insurance from the AOPA Insurance Agency has coverage to fit your needs and budget. Get more information and purchase your policy today in minutes online or call 800/622-2672.
May 17, 2011