bob turner
Registered User
I am an additional insured with waiver of subrogation on a friend’s $120K aircraft. I have been so for decades.
I do read policies, and this year I found an obscure little caveat on note 17 that seemed to affect CFIs. It was ambiguous, so I asked. Broker wasn’t sure, so he asked the underwriter:
My first, and immediate thought: I always thought that being additional insured gave better protection than a simple waiver of subrogation. Apparently not so - I will try to get more info on that.
My second thought -I bring a million liability when I instruct, but no hull coverage. Hull, with my SAFE policy, would top out at $125K and cost me over a grand per year - worth it if I did a lot of instructing in beat up old Cubs, but not in 180s or Cirrusi.
Here is the underwriter’s response:
So when Bob Turner provides dual to either of the other two pilots, he is no longer insured by the policy, regardless of whether he charges or not. If he wants coverage for his giving dual, he can buy a CFI non-owner policy (probably best if instructing others) or we can name him as an additional insured on the policy for $68. If he wants a waiver of subrogation, that would be $305.
I do read policies, and this year I found an obscure little caveat on note 17 that seemed to affect CFIs. It was ambiguous, so I asked. Broker wasn’t sure, so he asked the underwriter:
My first, and immediate thought: I always thought that being additional insured gave better protection than a simple waiver of subrogation. Apparently not so - I will try to get more info on that.
My second thought -I bring a million liability when I instruct, but no hull coverage. Hull, with my SAFE policy, would top out at $125K and cost me over a grand per year - worth it if I did a lot of instructing in beat up old Cubs, but not in 180s or Cirrusi.
Here is the underwriter’s response:
So when Bob Turner provides dual to either of the other two pilots, he is no longer insured by the policy, regardless of whether he charges or not. If he wants coverage for his giving dual, he can buy a CFI non-owner policy (probably best if instructing others) or we can name him as an additional insured on the policy for $68. If he wants a waiver of subrogation, that would be $305.