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05 Nov Liability Insurance for Experimental Aircraft
Liability Insurance for Experimental Aircraft
While we can’t conduct space travel from our backyards just yet, technology is certainly getting us closer to that point and the horizon is already available for private fliers and small aircraft businesses. Whether you have a hobby of homebuilt aircraft or a small business creating experimental aircraft and handheld avionics, the machines can range far and wide. That’s why it’s more important than ever to get the right insurance that covers both your aircraft and any incidents along the way. Even if you’ve been denied, canceled, or non-renewed, we can provide liability insurance for experimental aircraft no matter the risk or history.
What type of aviation insurance do you need for experimental aircraft?
- Make sure you have the right property coverage
- There are different aspects of coverage from both your aircraft and any potential passengers depending on if an incident occurs while the craft is grounded, grounded but not in motion, or in motion (both in the air and along the ground). It’s crucial that your protect your aircraft and passengers no matter what state of motion they’re in, especially in the event of a malfunction or collision.
- Protect your demonstration area with hangar liability insurance
- Your private property might not be legally cleared for aircraft (even some handheld avionics), so you need a hangar to both house your aircraft and use for flight. But hangars require proof of liability insurance before they rent out space, so get coverage that meets their minimums.
Aviation can be dangerous for the aircraft, the passengers, and the surrounding area. Stay covered with an insurance policy that protects you, your business, or you enthusiast organization with Evolution Insurance Brokers.