Thursday, January 13, 2011

Non automatic renewals for Aviation policies....

At this time none of the aviation companies offer automatic renewals on any aviation policies.

One biggest reason is there is not a standard recording system for pilots. Automotive insurance is not generally based on how may hours you drive the car, but on your driving record (which is recorded and accessible through a motor vehicle record search).

Aviation requires updates of how many hours you fly and if you have had any accidents and violations. Since there is not a central location to gather that information for all pilots, they do not automatically renew. The insured has to provide the updated information every year. It is a very labor intensive process from our end and kind of a pain for the insured...
 
Hope that helps.

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