Category Archives: FBO

Airport insurance requirements

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This is just a quick comment about airports being added to your policy as an additional insured. 
There are few states that require a person to buy aviation insurance.  But the local community can require coverage. 
Not surprisingly there is an increase in the airport requirements that are being asked for.  These requirements use to be just to have the airport listed as an additional insured.   The local community was worried about being protected if someone thought you were liable for something. The airport wants a little extra protection from your policy.  But lately the requests have been expanded to include request for additional named insured, higher limits and even requirements for hull coverage.
Plus now there are management companies that want to be protected too. So not only do you have the city or county but the FBO and property managers. Each time you get asked to add another person to your policy you are basically diluting your coverage. Now you are protecting all those additional insured. No, it’s not the best thing, but its also the way the business works.  You can’t get by without it.
Anyway, these requirements have made the insurance companies start rethinking their premiums.  Each time they add or change the policy they incur some cost.  Some companies add a premium for an additional insured that is not a municipality or governmental agency.  For example, naming the FBO will probably cost you.
And if more and more requests are made for additional insureds, it would not be a surprise to see the rates increase to cover these cost. 

And if they ask for a Waiver of Subrogation… well that’s another story.

Thinking of getting a pilot’s license?

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Should you purchase an airplane to use during instruction?  Can it really save on rental fees and can you buy more affordable than rent?

Weather you are going for a sport pilot license or a private pilot ticket…buying can be a good way to go.  

Ownership frees up the planes schedule and you can get it whenever you want.  No overnight charges if you take a trip.  You know the maintenance history and as an owner, you get comfortable with the aircraft.
But, the biggest problem is buying something that might not be what you want at a later time.  Surprisingly, the wants and needs get mixed up, so what you want, might be different than what you really need. 
If possible fly a few different models of aircraft.  That might mean going to a few different FBO’s and getting in their aircraft.   But after you get a few hours, you will be able to tell the difference between a Cessna 150 and a Cherokee 140.  You know, high and low wing, landing, visibility, all these factors are important to every pilot in some manner. 

Make sure you try them all out before you purchase.  You might even want to build your own.

Thinking of getting a pilot's license?

Posted on by
Should you purchase an airplane to use during instruction?  Can it really save on rental fees and can you buy more affordable than rent?

Weather you are going for a sport pilot license or a private pilot ticket…buying can be a good way to go.  

Ownership frees up the planes schedule and you can get it whenever you want.  No overnight charges if you take a trip.  You know the maintenance history and as an owner, you get comfortable with the aircraft.
But, the biggest problem is buying something that might not be what you want at a later time.  Surprisingly, the wants and needs get mixed up, so what you want, might be different than what you really need. 
If possible fly a few different models of aircraft.  That might mean going to a few different FBO’s and getting in their aircraft.   But after you get a few hours, you will be able to tell the difference between a Cessna 150 and a Cherokee 140.  You know, high and low wing, landing, visibility, all these factors are important to every pilot in some manner. 

Make sure you try them all out before you purchase.  You might even want to build your own.