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Im Cancelled? Following a major claim or two, your insurer may decline to renew you. Here’s how to improve your odds.
As expensive as aircraft insurance sometimes is, have you ever wondered what would happen if you couldnt buy it? At any price? Without hull insurance, those of us who need to finance our flying would be out of luck. Without liability coverage, those of us with high net worth would be betting the ranch every time we flew.Theres no assigned risk pool in aviation insurance, no market of last resort. After a serious claim, or a series of claims, some of pilots find that they cant purchase coverage for the very airplane or helicopter that the insurance company repaired or bought for them. Subscriber Login Purchase selection, or begin your subscription to aviation-consumer.com. Click Here to download Adobe Acrobat |
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