When the Aircraft Owners and Pilots Association was formed in 1939, a large part of its mandate was to keep general aviation affordable. Now, under a new agreement with AIG Aviation, qualified AOPA members can receive a 10-percent renewal discount on their renter's insurance.
AOPA members who have a renter's policy through AIG Aviation and have been loss and violation free for the current policy year will be eligible for the 10-percent discount when they renew their policy.
"It's our way of rewarding those pilots who keep a clean flying record and maintain this important coverage. Every pilot who rents or borrows aircraft should have this coverage. An FBO's insurance policy typically does not cover the renter," said Greg Sterling, executive vice president and general manager of the AOPA Insurance Agency.
"Even if you are covered under the FBO policy for liability, the limit may not be adequate, and relying upon the insurance coverage of someone else is a risky proposition at best. The new discount is designed to recognize the value of our repeat customers and make it more affordable for all pilots to maintain the critical non-owned coverage they need. It's just one more way AOPA is committed to making sure you and your family are protected every time you fly," Sterling added.
In order to qualify for the 10-percent renter renewal discount, the current policyholder pilot must be loss and violation free for the previous 12 months. Also, the policy must be renewed within 30 days after policy expiration. Prior to renewal, policyholders will receive a renewal application, which must be updated and returned to determine discount eligibility.
Additional information may be obtained by calling 800/622-2672 or visiting the AOPA Insurance Agency on the Web.