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2. Aircraft Trip Insurance: If you are delivering or having an aircraft ferried out of the country, you need an entirely different type of aircraft insurance, known as trip insurance. Both physical damage coverage and liability coverage are available to meet foreign requirements.
Aircraft Ferry Insurance
* Not all coverages or products may be available in all jurisdictions. The description of coverage in these pages is for information purposes only. Actual coverages will vary based on local law requirements and the terms and conditions of the policy issued. The information described herein does not amend, or otherwise affect, the terms and conditions of any insurance policy issued by Avemco. In the event that a policy is inconsistent with the information described herein, the language of the policy will take precedence. “Instant” coverage and policy changes do not apply in all situations. Additional information may be required. Premium credits subject to policy terms and underwriting guidelines.
The cost of aircraft insurance depends on multiple factors, and you can be assured that Avemco’s specialists ensure that you get the right policy for your individual situation. Factors that affect the price of your aircraft insurance include the type and size of your plane, your training and flying history, the number of passengers your plane holds, and more. We recommend having the most coverage you can reasonably afford. Speak with an aviation insurance specialist at Avemco today to find the policy that’s right for you!
While Aircraft Liability protects you if you damage someone else or their property, Aircraft Hull insurance provides coverage for physical damage to your aircraft, whether in flight, taxiing, or on the ground. There are many options for hull coverage. Our aviation insurance specialists will craft a policy based on your individual situation.
Insurance for an Atlantic ferry flight is typically purchased as an addendum to the annual policy in the country of destination. If the flight originates in the US, stand-alone insurance for a ferry flight is not easily available for a general aviation aircraft delivery. Most insurers have specific experience requirements for the Atlantic ferry flight, such as min 5 previous Atlantic crossings. I meet or exceed the requirements for Atlantic ferry flights in most general aviation aircraft.
These factors will play a large role in determining what policy is best for your unique situation. It’s also important to note that the ability of your insurance company to resolve claims is just as important as your liability limit. Avemco has a proven track record of success in the complex world of aviation litigation!
If you need personal aircraft insurance, Avemco will connect you directly with an underwriter empowered to make decisions, solve problems, and approve coverage based on your individual situation, not what some rulebook says. Avemco offers a wide range of liability and hull coverage options, as well as the opportunity to save up to 25% on your annual premium*! If you do not own the aircraft you fly in but still need coverage, visit our Aviation Insurance Products page to learn more about our other policies.
Please be sure your ferry pilot is experienced and understands the requirements and procedures for Atlantic ferry flights. If any requirements or procedures are not complied with (for example: use of unapproved ferry tank, not complying with the special Transport Canada fuel reserve requirements, etc) your aircraft insurance would most likely be invalidated by those actions.
Avemco’s Liability insurance provides Bodily Injury and Property Damage protection*. This coverage makes sure you are protected if you cause damage to others and claims are made against you by third parties for which the law holds you legally liable. Our commitment is to defend you and pay your legal fees if you are sued. If you are at fault, Avemco will pay for the damages according to the terms of your policy. Avemco’s policy also includes unlimited legal defense costs. If you rent an airplane but still need insurance, go to our Aircraft Renters Insurance page for more information.
Are you shipping an aircraft from the United States to another country? Better yet, are you insured in case something goes wrong during relocation? Whether shipping to another country or on a ferry flight, Aviation Insurance Resources (AIR) can help! AIR has recently obtained quotes shipping aircraft to Europe, South America, and other locations worldwide.
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