How much helicopter insurance do you need?
Being underinsured could still leave you paying a lot of money out of pocket. Full coverage is the way to ensure peace of mind should something happen to or involving your helicopter. But how much do you need to avoid the insurance company refusing to pay in full?
How is helicopter insurance calculated?
Helicopter insurance is calculated differently depending on the policy. In-flight insurance and ground hull insurance both cover the helicopter itself and would therefore be based on the cost of the helicopter. You’ll want to ensure that both policies cover what it would cost to completely replace your helicopter. Passenger liability insurance is, by contrast, based on the number of passengers your helicopter can carry.
Who needs helicopter insurance?
Anyone who owns a helicopter needs to have helicopter insurance. If you’re flying uninsured, you could be breaking the law in some countries and could be barred from utilizing the services of FBOs, which generally require complete insurance coverage.
