Aviation insurance is insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. Avia insurance – insurance against claims and losses arising from the ownership, maintenance, or use of aircraft, hangars, or airports including damage to aircraft, personal injury, and property damage.
Types of aviation insurance: In-flight insurance, Ground risk hull (non motion) insurance, Ground risk hull (motion) insurance, Public liability insurance and Passenger liability insurance.
Aviation insurance normally covers physical damage to the aircraft and legal liability arising out of its ownership and operation. Specific policies are also available to cover the legal liability of airport owners arising out of the operation of hangars or from the sale of various aviation products.
