We have a broad range of options for property and liability coverage for aircraft and aviation risks.
As with automobiles and watercraft, the insurance coverage required for most types of aircraft primarily consists of property (or “hull”) coverage and liability for the operation of the craft. It is a specialty class of insurance coverage that is not written by all insurers. We have longstanding relationships with some of the most respected aviation underwriters in Canada.
Our markets can insure all manner of aircraft, including standard, experimental, and vintage fixed-wing planes, as well helicopters and UAVs. While aircraft insurance typically covers repair or replacement of damaged aircraft and parts, aviation accident insurance will cover liability claims from injury or loss of life.
Additional aviation insurance may also be required for contractors or businesses that have operations or premises located “airside” at an airport facility. Liability coverage for these operations or premises liability in these areas cannot typically be underwritten by a conventional commercial insurance market, and requires standalone liability coverage, separate from the businesses main CGL policy.
Another type of aviation liability is Non-Owned Aircraft liability. Many businesses may need to charter aircraft for their business operations. In such cases, while they often are not operating the craft themselves, they could be held legally liable for property damage or bodily injury, including to passengers if they contributed to causing a crash (a scenario that is much more likely in a charter situation, as opposed to a commercial flight).
We offer aviation solutions for:
- Airplanes / Fixed-Wing Aircraft
- Business Jets
- Drones/Unmanned Aerial Vehicles (UAV)
- Airside operations or premises
- Non-Owned Aircraft Liability