pavelump
Well-Known Member
I've begun looking for a CFI job and I'm a little confused about what sort of insurance I would/should have and how much coverage is average. If I am "covered" under a flight school/FBO's policy, do I even need it?
I was looking into insurance through AOPA, but if anybody knows of a better(cheaper) alternative, let me know.
Here's AOPA's rates:
Bodily injury and property damage liability limit is required coverage. The required liability coverage provides protection against claims for Bodily Injury and Property Damage that may occur during your operations of a non-owned aircraft. Damage to the non-owned aircraft is not covered but you can purchase that additional coverage from the optional coverage section below.
Liability
Limits (each occurence/ per passenger / annual premium
$ 250000 / $ 25000 / $ 200
$ 500000 / $ 50000 / $ 350
$ 500000 / $ 100000 / $ 500
$ 1000000 / $ 100000 / $ 650
Optional Coverage for damage to non-owned aircraft
This coverage provides you protection against claims for damage to the non-owned aircraft, including its loss of use. This coverage is optional and can only be purchased if Bodily Injury and Property Damage Coverage above has been purchased.
Coverage Options
Limit of Liability / Annual Premium *
$ 5,000 / $ 125
$ 10,000 / $ 175
$ 20,000 / $ 250
$ 40,000 / $ 450
$ 60,000 / $ 600
$ 80,000 / $ 775
$ 100,000 / $ 975
$ 150,000 / $ 1425
Dave
I was looking into insurance through AOPA, but if anybody knows of a better(cheaper) alternative, let me know.
Here's AOPA's rates:
Bodily injury and property damage liability limit is required coverage. The required liability coverage provides protection against claims for Bodily Injury and Property Damage that may occur during your operations of a non-owned aircraft. Damage to the non-owned aircraft is not covered but you can purchase that additional coverage from the optional coverage section below.
Liability
Limits (each occurence/ per passenger / annual premium
$ 250000 / $ 25000 / $ 200
$ 500000 / $ 50000 / $ 350
$ 500000 / $ 100000 / $ 500
$ 1000000 / $ 100000 / $ 650
Optional Coverage for damage to non-owned aircraft
This coverage provides you protection against claims for damage to the non-owned aircraft, including its loss of use. This coverage is optional and can only be purchased if Bodily Injury and Property Damage Coverage above has been purchased.
Coverage Options
Limit of Liability / Annual Premium *
$ 5,000 / $ 125
$ 10,000 / $ 175
$ 20,000 / $ 250
$ 40,000 / $ 450
$ 60,000 / $ 600
$ 80,000 / $ 775
$ 100,000 / $ 975
$ 150,000 / $ 1425
Dave