What limits of bodily injury and property damage liability should I carry?
Because different people have different needs, there is no standard recommended amount of liability coverage you should carry. You need to consider factors such as your personal assets, earnings, the liability limits you carry on your other insurance policies such as auto or homeowners, whom you carry as passengers, how the aircraft is used, and how much insurance you can afford or that is available, among others. Obviously, buying the most coverage you can reasonably afford and that is available is your safest bet. Also remember that as important as the limit of liability is the ability of your insurance company to resolve claims within those policy limits. You want to be sure that the company defending you has a proven track record of success in the complex world of aviation litigation. Avemco historically resolves 99% of its claims within the policy limits.
There is no standard recommended amount of liability coverage you should carry. You need to consider factors such as your personal assets, earnings, whom you carry as passengers, and how much insurance you can afford or that is available. We recommend buying the most coverage you can reasonably afford and that is available. What limits of aircraft damage liability should I carry? For non-owned physical damage coverage, it depends on the value of the aircraft you typically rent and whether or not you want to fully be covered in the event of a total loss. Does my immediate family or I have protection if we’re injured? This policy covers bodily injury to others including immediate family, but does not include the named insured on the policy. Is there a deductible on the aircraft damage liability coverage? Non-owned coverage does not have a deductible. What effect does pilot experience have on non-owned insurance premiums? None. Premiums are based on the limits of coverage you select. Who
