Why Does Your Plane Need Insurance?

By Author: Avpac
Total Articles: 1
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Just like a car, an aircraft needs insurance too. You may find it unbelievable but each year there is a big number of aviation insurance claims. Only for the fact that the planes are in the sky and there is negligible traffic, doesn’t mean it’s all safe. You can have rough landings, birds flying in the air, bad weather issues such as lightning etc. So you sure do need a proper insurance to cover the damages.
There are quite many planes without proper insurance which can be pretty harmful, not just financially but al so legally. And this is something nobody wants to face. If your aircraft doesn’t have proper insurance then it’s high time you should start looking for one. Compare prices and services and choose the best one for you. Make sure your aviation insurance agency provides you the best of deals as you will be sticking to them for quite some time. Look for a company which is not just affordable but also a company you can rely on for all your claims. If you know that the company won’t let you file a claim when you require, then it’s definitely not worth the investment for your aircraft.
There are ...
... a few questions that you need to consider and then start your search for an aviation insurance company. Is your aircraft for commercial use or personal use? Is it an airplane or a helicopter? Is your staff i.e. pilot/ stewards etc insured? Make sure you have proper knowledge as you will be answering this to the aviation insurance companies. If by any chance you do not have the basic details you might fail to claim insurance.
Now once you have found the right Aviation Insurance Company that you were looking for, you need to make sure that you abide the rules and follow their policies. Whether or not your aircraft is insured, it’s always wise to be safe and follow proper air-traffic rules. You definitely don’t want to be in a position where you have dropped your coverage due to minor mistakes which could have been avoided.
Here is another thing which you might not be aware of; you necessarily do not have to stay with the same aviation insurance company forever, you always have a choice to switch your aviation insurance company. After duration of every six months or a year, keep on searching for other better options and see if you can find something better offered in the market. If you are presently insured and feel that a certain policy does not satisfy your needs, look for a better deal out somewhere which suits your requirement.