Insurance questions

[Tom-D]

I have a CFII who owns a C-150 he would like to train students to the PPL, level or beyond.

but he doesn't want to carry a student load to off set the cost of the student's extra cost on insurance.

the question is this,

Can the student carry their own insurance to protect the owner. I know they can to protect themselves.

While the owner CFI is aboard teaching the insurance isn't that much, but to solo the student in his aircraft the costs go way up.

how do we get around that?

 

[sourdough44]

Not sure on that,I know renters can(and often must) have their own insurance. There should be some way to do it.

Hey, I used to live in Oak Harbor, 675th ave West I think,back in the late 80's. I liked it out there.

I'm new here. I used to own but got out of it in the early 90's. I just bought a 1974 Warrior in respectable shape, mostly to fly with the Sons. I thought I would buck the trend & actually be one of the few to buy an airplane.

 

[Henning]

Has he talked to his insurance man yet? I was trying to find coverage for the 310 for outside instructor instructing & renting it, but it's difficult and dear, however insurance for me to do instruction in my plane was readily available.

As for the students, they can get non-owner policies that would cover them on their solos, but since as long as he is PIC when in the plane with a SP, I don't think it will be effective then.

 

[Tom-D]

Has he talked to his insurance man yet? I was trying to find coverage for the 310 for outside instructor instructing & renting it, but it's difficult and dear, however insurance for me to do instruction in my plane was readily available.

As for the students, they can get non-owner policies that would cover them on their solos, but since as long as he is PIC when in the plane with a SP, I don't think it will be effective then.

The question came up yesterday and its a long weekend.

and we knew what you said already. I thought somebody might have done this already and knew the coverage to ask for.

 

[poadeleted20]

Can the student carry their own insurance to protect the owner. I know they can to protect themselves.

In theory, yes, they could each get a policy with the instructor as an additional named insured, but it's not likely an insurer will write such a policy, and even if they do, it's going to be awfully expensive for the trainee as the primary insured with zero experience.

While the owner CFI is aboard teaching the insurance isn't that much, but to solo the student in his aircraft the costs go way up.

how do we get around that?

The instructor/owner gets a one-plane/one-instructor policy for a whole lot less than the trainees would have to pay for their own individual policies.

 

[flyingcheesehead]

I'm new here. I used to own but got out of it in the early 90's. I just bought a 1974 Warrior in respectable shape, mostly to fly with the Sons. I thought I would buck the trend & actually be one of the few to buy an airplane.

Hey WI Flyer (/sourdough),

Welcome aboard! Whereabouts in our great state do you fly from? That's very cool of you to buy a plane to fly with your sons.

 

[Tom-D]

In theory, yes, they could each get a policy with the instructor as an additional named insured, but it's not likely an insurer will write such a policy, and even if they do, it's going to be awfully expensive for the trainee as the primary insured with zero experience.

The instructor/owner gets a one-plane/one-instructor policy for a whole lot less than the trainees would have to pay for their own individual policies.

Northwest aviation conference coming up Feb 26/27 our insurance agent will be there, we'll talk to them to see what really can be done.

 

[Obi Heed Kenobi]

Northwest aviation conference coming up Feb 26/27 our insurance agent will be there, we'll talk to them to see what really can be done.

Hope it works out - everything is negotiable, and this truly is just a matter of adding a few words to an otherwise boilerplate contract. If it can be done, make sure your friend sees proof of insurance for all his students.

Realistically, it may not make a difference for his ins. rates unless he's literally going to cancel any insurance he has for when he's not in the plane. That's because, if he's got insurance that is in effect when a student is soloing, his ins. co. will operate under the assumption that it will be paying for any damage, regardless of whether the student has insurance (suppose the student skips a premium, does something that voids his insurance, etc.)....