Jim Pinegar, Vice President & Director of Operations of AOPA Insurance Services, addresses your aviation insurance questions.Disclaimer: The following material is provided for informational purposes only and does not constitute legal advice. For questions concerning your specific circumstances, consult a local attorney.
JERRY: I am a two plane owner insured with AOPA, and am also a A&P, IA. One the aircraft is a tailwheel plane. Needing to sometimes ferry tailwheel aircraft to my hanger, is there a way to insure me and the aircraft while I pilot them? Without having 25 to 50 hours in type?
JIM: Jerry – thank you for writing in…for our readers, when Jerry refers to needing 25 to 50 hours in type, he is referring to the “open pilot warranty” on the aircraft owner’s individual policy. In brief, this warranty described who can fly a particular aircraft and not necessarily have to be named on the policy.
There is a product that you may want to consider. A non-owned or commonly known as a renters policy will grant you liability protection and can optionally cover the hull of the aircraft. Now, you cannot be ferrying the aircraft for hire and the aircraft must be airworthy (not out of annual, and not flying under an FAA ferry permit).
But wait, there’s more….since you already have a current owners policy, you may very well have non-owned coverage, which is provided free with many of our policies. Please give us a call if you want to discuss the specifics of your policy.
Our renters product can be found here: http://insurance.aopa.org/Aviation/renters-insurance
DICK: I’ve been the owner of the same aircraft for nearly 12 years. With my current flying schedule, my engine will be at TBO in the next year. Will having an engine at or beyond TBO affect my insurance?
JIM: Dick – great question, as you are already aware, engine TBO can be dependent upon many items…calendar time since last rebuild, tach hours, oil analysis, compressions, etc.…but these items affect engine performance and arguably may affect safety. However with insurance, TBO typically isn’t a consideration – in fact, there’s not even a question regarding TBO or hours on the application. Unless, and I can’t think of a recent circumstance, a particular manufacture deems that operation beyond TBO is an airworthiness issue and invalidates the airworthiness certificate, TBO does not have any effect on insurance.
TBO is typically between you, your engine, and your mechanic…unless the airworthiness certificate is invalidated, it shouldn’t have any insurance implications.