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16 Oct Aviation Liability Insurance
Whether you’ve been flying planes for decades, are a brand new flyer just now taking your first classes, or are the owner of a pilot training facility, it’s always smart to make sure you have the right insurance. While businesses are always focused on traditional insurance policies that cover damage from things like fires, crashes, or theft, they’re leaving themselves exposed to gaps in those traditional policies. Aviation involves a great deal of responsibility and with that responsibility comes risk from things that cannot always be controlled. No matter how much experience you have as a pilot or aviation instructor, you never know when something might go wrong and you end up in a crash.
Many people might think they’ve covered all their liability bases with traditional policies, but you can’t be 100% certain until you check. Aviation businesses might hold pilots or flight students responsible for damage to any plane without ever directly informing them verbally. This is why it’s not only important to read all signed documents, but also make sure you have proper aviation liability insurance to protect yourself from civil lawsuits seeking financial damages. You might think that just because you have tons of experience you’re safe from accidents, but you never know when bad weather might strike or an experienced student makes a mistake that can cost you dearly, so make sure all insurance gaps are covered with an aviation liability insurance plan.