Question 1

How is the hull value determined?

Accepted Answer

On production aircraft, market value (Vref / Aircraft Bluebook) is the baseline. On custom completions, recently delivered jets, and aircraft with significant avionics or interior investment, current replacement cost or a recent appraisal drives the agreed-value hull amount. We update hull value at annual inspection and after major upgrades.

Question 2

Does the policy cover non-owned and rental aircraft?

Accepted Answer

Non-owned aircraft liability is a separate coverage part — required when the principal flies fractional shares, club aircraft, or rentals. We confirm non-owned coverage applies to every aircraft type the principal actually flies, not just the owned aircraft on the schedule.

Question 3

What about charter use of an owned aircraft?

Accepted Answer

Pleasure-and-business forms exclude commercial use. Aircraft placed on a Part 135 charter certificate need commercial aviation coverage with charter-specific liability limits and passenger seat limits matching the cabin configuration. Misclassifying use is a leading cause of aircraft claim denial.

Question 4

How do excess aviation limits work?

Accepted Answer

Excess aircraft liability is written as a stand-alone tower over the underlying aircraft policy. Limits scale with passenger capacity, principal profile, and use — typically $50M–$300M+ on a managed jet. The excess tower is independent of the personal umbrella, which excludes aircraft.

Aviation & Private Jet Insurance.