Insurance News & Articles

Steve hasn’t flown in several years but with a new job that gives him more spare time and a little additional income he has decided to get back into flying and maybe even start looking for an airplane.

EAA and its members from day one have always been about building and flying interesting aircraft. Members have built (or acquired) amazing aircraft of all shapes and sizes — from one-off, plans-built aircraft to proven kit designs.

One of the buzzwords in insurance is “naked.” The phrase “flying naked” means going without insurance

The No. 1 question from aircraft owners is: how much will insurance cost? On TV some insurance ads say you can pick your price for auto or homeowners and the insurance company will design coverage to match your price. 

Imagine if your aircraft could talk. What would it say? It might tell you that it enjoys a nice cross-country flight to new places and making new friends (aircraft), or to familiar places and seeing old friends.

Anyone can sue anybody anytime for anything seeking any amount of financial damages. 

Finally! Medical reform for pilots is going to happen and being able to obtain aircraft insurance will not be a problem.

Every holiday season I’m reminded of something I did many years ago at this time of the year that gave me the feeling of security, something commonly referred to as “peace of mind.” A family friend asked if I made plans for the financial security of my family. 

The student pilot was attempting to land the Cessna 172 when a gust of wind lifted the right wing, which caused the airplane to move to the left.

You should only buy insurance when you need insurance, but how do you know when you need insurance.