I think this will have the largest impact on flight schools and their students. It gives pilots renting planes an option to purchase a policy quickly.
St. Louis, MO (PRWEB) December 16, 2014
Travers and Associates announces a non owned aircraft insurance product designed for renter pilots and flight instructors. Travers and Associates is proud to be the one of the first agencies to offer instant aircraft policies for the non owner or CFI insurance. Insurance policies can be quoted and purchased online instantly.
“This new non owned and aircraft renter’s insurance product allows the pilot to choose from several coverage options with competitive prices”. Mike Travers, partner at Travers and Associates said, “I think this will have the largest impact on flight schools and their students. It gives pilots renting planes an option to purchase a policy quickly.”
Underwritten by Starr Aviation, one of the top “A” rated insurance companies, the policy is one of the broadest in aviation insurance. Once the policy limits are selected, the pilot can purchase the policy with a credit card. Many discounts are available including Wings Program discounts, Master CFI discounts, SAFE discounts and Claims Free discounts.
Other features include policy options such as the Bronze, Silver, Gold and Platinum policy limits. “Non owned aircraft insurance is an underappreciated insurance policy. Pilots that borrow or rent airplanes need to make sure they are protected in the event the owner’s policy subrogates against the pilot borrowing the aircraft.” Said Mr. Travers.
This product is also available for flight instructors via CFI insurance. CFI’s will be able to purchase a policy to cover themselves while giving instruction to new pilots or those that want to expand on their flying abilities. Mike Travers says, “Student pilots put their trust in flight instructors during training. In the event of a loss, it is important both parties are insured against any catastrophic financial hardship.”
About Travers and Associates
St. Louis-based Travers and Associates was founded by WWII Naval aviator, Captain Bob Travers. Now including three generations of the Travers family, Travers Aviation insures more than 6,000 aviation accounts Nationwide. Specializing in private aircraft insurance, non-owned / renter insurance, corporate aircraft insurance, commercial aviation insurance and life insurance for pilots, the Travers team can customize a plan to meet the needs of any pilot or company.
To obtain a quote and purchase a policy, visit our website: http://www.traversaviation.com or contact us at 1(800) 888-9859