SOLUTIONS FOR ME

SOLUTIONS FOR MY BUSINESS

 
 
 

Insurance Solutions for the Aviation Industry

Acrisure Partners monitor a variety of trends impacting the aviation space and work directly with clients to create innovative solutions to mitigate risk and address business needs.

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Common Types of Coverage

  • AIRCRAFT HULL & LIABILITY
    Covers physical aircraft damage plus third-party liability for passengers and people injured on the ground.
  • AIRCRAFT PRODUCTS LIABILITY
    Protects a manufacturer against legal liability related to damage or injury caused by a product failure.
  • AIRPORT PREMISES
    Covers claims for injury or damage when airport premises are used for parking and storing aircraft.
  • DBA COVERAGE
    Provides compensation for disability or death to persons who are injured while employed at military, naval, and air bases outside the United States.
  • EXPERIMENTAL AIRPLANE INSURANCE
    Covers hull damage, third-party liability, third-party property damage, and medical payments for home-built aircraft.
  • HANGER KEEPERS LEGAL LIABILITY
    Covers aircraft damage/destruction while in the insured's custody for storage, repair, or safekeeping, and while in or on the premises.
  • WORKER'S COMPENSATION
    Covers medical and physical therapy expenses, and lost wages for workers who get sick or injured while performing work duties.
 
 

Aviation Risk

Aviation is a dynamic industry facing ever-evolving risks

and influences including:

  • Cyber threats
  • Supply chain disruptions
  • Geopolitical/governmental regulatory risks
  • Fluctuations in fuel prices
  • Pilot shortages
  • Unruly passengers
  • Grounded airline fleet damages
  • Post-pandemic business travel
  • Environmental impacts
  • Route innovation

Coverage for Aviation Operations

  • AEROSPACE CONTRACTORS
  • CARGO AIRLINES
  • CORPORATE AIRCRAFT OWNERS
  • FIXED-BASED OPERATOR FACILITIES
  • INDIVIDUAL AIRCRAFT OWNERS
  • MAINTENANCE & REPAIR ORGANIZATIONS
  • PART 135 OPERATIONS
  • PASSENGER CHARTER OPERATIONS
  • REGIONAL & COMMUTER AIRLINES
  • ROTOR WING OPERATIONS

How Our Partners Help Aviation Businesses Manage Risk

Aviation is a very tightknit industry, and Acrisure Partners have the experience and the network of contacts to deliver. Our partners take a consultative approach to aviation clients, especially with first-time buyers to help them navigate the nuances of liability. There are a lot of details to manage, and we're meticulous about every last one. We know what to look for and where to go in the aviation specialty markets, and we're licensed to service in all 50 states.

 
 

Frequently Asked Questions

  • Is aviation insurance required for casual/leisure flying?

    Acrisure Partners cover non-owned liability for people who want coverage when they rent or fly someone else's aircraft. Depending on a variety of factors, drones may also require growing coverage needs. Many flight schools also require students to purchase these coverage options.

  • How much aviation insurance coverage does my organization need?

    The average is more than $100 million, and most companies carry $250 million of coverage. However, depending on flight areas and other business considerations, many companies even have $1 billion of coverage (which, for example, is required for flying in and out of Hong Kong).

  • What regulations impact the aviation industry and insurance coverage?

    Aviation is a highly regulated industry and includes USDOT for the safety of airplanes, consumer protections, and environmental impacts. Plus, Airlines for America manages many industry regulations.

Let's Talk

Your aviation business is unique, and so are its needs. Contact us today so we can learn about your specific goals and challenges.

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