Clearing up renter's insurance coverage confusionClearing up renter's insurance coverage confusion

It’s not something you want to think about but, what if one of your passengers suffers an injury while in your rented or borrowed aircraft? By having a renter’s insurance policy, you could have coverage. Medical payments coverage pays the medical expenses for those injuries—including the ambulance, surgical, dental, professional nursing, and the like. It also covers injuries that occur to anyone entering or leaving your airplane.

Regardless of who’s at fault in the accident, your policy will pay the set amount (usually up to $3,000 per passenger) for the related medical expenses. Because its purpose is to pay for immediate medical treatment, most policies have a time limit on the payment of medical services.

Carrying medical payments coverage on your renter’s policy is a smart idea because it can sometimes cover the smaller injury claims and prevent a larger lawsuit against your bodily injury liability coverage. Additionally, it may pay expenses not covered by personal health insurance.

The good news is that this coverage is often available at no extra cost and will include the crew in the coverage.

AOPA Insurance Services is celebrating 20 years of serving the aviation insurance needs of our customers. Visit us online or call 800/622-2672 for information on how AOPA can get you the best deal of aviation and life insurance.

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