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Aircraft Renters Insurance Checklist – What you need to know before you fly

Renting an aircraft this summer? Make sure you follow this checklist.

Most pilots who rent or borrow aircraft don’t understand the need for Renter Insurance and how it protects them. More often than not the FBO or aircraft owner does not provide adequate coverage – if any – to the renting pilot putting them at a huge personal financial risk. Purchasing an aircraft renter policy is the best way to protect yourself if you were to become legally liable due to a loss.

Comparing aircraft renter insurance policies is rarely comparing apples to apples. Some policies may seem to be lower priced, but when you look closer, they may not include what you really want or need. Follow this simple checklist to help you decide if a particular renter insurance policy is right for you.

Coverage Details

  • When is my policy effective?
  • Does the FBO/Flight School require aircraft physical damage coverage? If so, how much?
  • Does the policy have a per passenger sublimit, or the more restrictive per person sublimit?
  • Does the policy offer a No-Fault Deductible?
  • Does the policy include medical payments?
  • What types of aircraft are approved under the policy?
  • Does the policy cover personal effects for my passengers?
  • Does the policy include legal defense?
  • Are any AOPA membership or claims-free discounts offered?
  • What is the covered territory on the policy?
  • Can I add my employer as additional insured?

The insurance application itself is straightforward; simply decide how much legal liability and physical damage coverage you want to have and any additional coverage you might need. You will need to answer questions about your experience, pilot certificate and ratings, total hours logged, and hours flown in the last 12 months.

AssuredPartners Aerospace is AOPA’s partner for Aircraft Renter insurance. Our aviation insurance specialists can give you examples of how each coverage applies to your individual situation and help you figure out the right coverage for you, at the price you can afford. You can learn more about Aircraft Renter insurance by downloading our free Guide Book here.

Visit today to learn more and start your policy in minutes. Or call 800-622-2672 today to speak with one of our experts. We look forward to serving all your aviation insurance needs. 

Topics: Insurance, Ownership, Insurance

AssuredPartners Aerospace

As AOPA’s strategic partner for aviation insurance, AssuredPartners Aerospace, one of the nation’s largest aviation insurance firms, provides the absolute best insurance protection to fit your needs. Whether you’re flying your own airplane, renting, instructing, or running an aviation business, we have an unmatched depth of knowledge and resources driven by the desire to set a new standard for service and responsiveness. With more than 25 years’ experience serving pilots’ aviation insurance needs, our expertise has been developed over years of working closely with the nation’s best insurance carriers. We understand the exposures that make aviation insurance unique.