Aviation Insurance 101:
Get Important Facts About
Your Insurance Coverage!
 
Watch these brief educational video segments where Jim Lauerman (President of Avemco Insurance Company) answers the most common questions pilots ask about aviation insurance coverage.

Jim has delivered this popular presentation at AirVenture, Sun-n-Fun and other aviation events around the county.

Most pilots don't think about their aviation insurance until they really need it - and by then it's too late if they don't have the proper coverage. Those pilots who have listened to Jim's talk are sure glad they did! He covers the critical stuff and little known facts that every pilot must know.

 

Attention Aircraft Renters: Many pilots believe the insurance that is carried by the FBO or the owner of the aircraft will protect them. This is simply not true in most situations. The owners' insurance is designed to protect THEIR interests - not yours. An owners' insurance policy may not protect you for your liability or for physical damage to the aircraft or other people's property. That's why you need to carry Avemco Insurance Company Renters (Non-Owned) Insurance.


   
     Part 1:  Understanding Your Policy (14 min)

  • How does aviation insurance differ from auto insurance?

  • Why is it important to read your policy carefully?

  • What coverage options are there?

  • How much liability coverage should you carry?

           Watch Part One
 

    Part 2:  Getting The Proper Coverage (11 min)

  • How much should your aircraft be insured for?

  • What are the special issues when insuring older aircraft?

  • Who is authorized to fly your airplane?

           Watch Part Two
 

    Part 3:  Ways To Reduce Premiums (11 min)

  • Can you charge other pilots to fly your aircraft?

  • Why are there training requirements for some aircraft?

  • How are insurance premiums determined and what factors affect them?

            Watch Part Three

About Jim Lauerman
James A. Lauerman, President of Avemco Insurance Company, began his aviation career in the Navy as an acoustic sensor operator aboard a P-3 Orion. Returning to civilian life, he purchased and operated his own flight school for eight years. He obtained advanced aviation certificates and ratings, including a multi-engine rating, multi-engine and instrument instructor ratings, and an airline transport pilot certificate. In 1985, he entered the aviation insurance profession and quickly rose to the executive ranks.

With over 4000 hours of flight time - including 2500 as an instructor - and a career that spans almost every aspect of general aviation, Lauerman possesses a wealth of information on aviation, risk management, and the countless intangible aspects of flying that come with three decades of experience. His leadership at AVEMCO includes multiple initiatives that have made flying a safer, more enjoyable, and more accessible endeavor.
 
IMPORTANT NOTICE:  The workshop content is a general discussion of aviation insurance. It is not intended to address specific requirements or coverages of an individual's policy. These should be discussed directly with one of Avemco's trained staff or a policyholder's agent. In all cases, the terms and conditions of the insurance policy will determine the outcome of a specific situation. This material is intended for educational purposes only and does not imply coverage, terms or conditions of any specific policy as it relates to an individual policyholder.

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