Florida 2-20 General Lines Agent (Property, Casualty, Commercial Lines and Florida Law)Commercial LinesEasy
A pilot, who owns and operates a small single-engine aircraft for personal use and occasional business travel, is evaluating aviation insurance. He is concerned about the costs if his aircraft were damaged in an accident. Which component of an Aviation policy would cover the physical damage to his aircraft?
- AAircraft Hull.
- BPassenger Liability.
- CAircraft Liability.
- DMedical Payments.
Show answer & explanationAnswer & explanation
Correct answer: A. Aircraft Hull.
Aircraft Hull coverage specifically protects against physical damage to the aircraft itself, whether it's in motion, parked, or being serviced. This is directly analogous to property insurance for the aircraft.
Why the other options are wrong
- B. Passenger Liability covers legal liability for injury or death to passengers, not damage to the aircraft.
- C. Aircraft Liability covers damage or injury caused to third parties by the aircraft, not physical damage to the insured's own aircraft.
- D. Medical Payments coverage typically handles medical expenses for occupants regardless of fault, but not physical damage to the aircraft.
Aircraft Hull Coverage
Covers physical damage to the insured aircraft itself, including damage while in flight, on the ground, or during taxiing.
- Similar to auto physical damage coverage for an aircraft.
- Can be 'all risks' or specified perils.
- Typically includes options for in-motion vs. not-in-motion damage.
Memory trick: Hull: Protect the 'Body' of the Bird.