Many flight schools require pilots show proof of aircraft renter’s insurance before they can use flight school aircraft for flight instruction or rental. A phone call to an aircraft insurance broker or underwriter will typically yield an annual non-owned aircraft insurance policy (often referred to as renter’s insurance). But if you only need a short-term policy, SkyWatch offers a convenient online solution.
SkyWatch, a licensed insurance agent, has been offering short-term drone insurance for thousands of operators in the United States for seven years. Building upon that experience, they began offering non-owned aircraft policies (underwritten by Global Aerospace Insurance) in daily, weekly, monthly, or annual increments.
Short-term insurance can be a cost-effective solution for student pilots whose training might be limited to several months over the course of a year. For example, a college student who can only take flying lessons during summer and winter break. Pilots engaged in advanced training for a tailwheel endorsement, seaplane rating, multiengine rating, or instrument rating—which often can be completed in days, weeks or months—might also find a short-term policy appealing. And independent CFIs who teach in multiple aircraft can get short-term coverage for each aircraft instead of buying annual policies.
The online buying experience is simple. Provide applicant and aircraft details, choose a coverage period, and select bodily injury liability, aircraft damage liability, and medical coverage limits. You can use on-screen sliders to adjust each option and get pricing in real time to determine the coverage and cost that best fits your budget. The entire process takes just a few minutes, and all necessary documentation is emailed to you and available on the SkyWatch policy management portal. New policies are set to auto renew so your coverage won’t expire if you forget to renew. However, you can turn off auto renewal in the portal.
SkyWatch is also focused on keeping senior pilots insured, with non-owned aircraft policies obtainable even after the age of 80. SkyWatch.ai