Avemco Insurance: The Ultimate Guide

Avemco Insurance is an aviation insurance provider that caters to the needs of pilots and aircraft owners. The company has been around for over 60 years and is known for its exceptional customer service and coverage options. This guide will provide you with everything you need to know about Avemco Insurance, including its history, coverage options, pricing, and more. Let’s get started!

The History of Avemco Insurance

Avemco Insurance was founded in 1961 by Roy LoPresti, a well-known aircraft designer and builder. LoPresti saw a need for an aviation insurance provider that understood the unique needs of pilots and aircraft owners, so he created Avemco Insurance to fill that gap.

Since its founding, Avemco Insurance has grown to become one of the most trusted names in aviation insurance. The company is headquartered in Frederick, Maryland, and has a team of aviation experts who are dedicated to providing the best coverage and customer service possible.

Avemco Insurance: A Timeline

Avemco Insurance Coverage Options

Avemco Insurance offers a wide range of coverage options for pilots and aircraft owners. Here are some of the most popular coverage options:

Liability Insurance

Liability insurance is the most basic form of aviation insurance, and it covers damages that you cause to other people or their property while flying. This coverage is required by law, and Avemco offers liability insurance policies that meet the minimum requirements set forth by the FAA.

Hull Insurance

Hull insurance covers damages to your aircraft in the event of an accident, whether it’s caused by you or someone else. This coverage is optional, but it’s highly recommended if you own your aircraft outright or have a loan to pay off.

Personal Injury Insurance

Personal injury insurance covers medical expenses and lost wages in the event that you or one of your passengers is injured while flying. This coverage is also optional, but it’s a good idea to have if you fly frequently or have passengers on board.

Aviation Liability Insurance for Business Owners

If you own a business that involves aviation, such as an airline or a helicopter tour company, you’ll need more comprehensive coverage than a personal policy can provide. Avemco Insurance offers business liability insurance that can cover your employees, customers, and equipment.

Avemco Insurance Pricing

One of the most important factors when choosing an aviation insurance provider is the price. Avemco Insurance offers competitive pricing for its coverage options, and it also offers discounts for pilots who have completed safety courses or who have a certain amount of flight hours.

The cost of your Avemco Insurance policy will depend on several factors, including:

• The type of coverage you choose
• The value of your aircraft
• Your flying experience
• Your safety record
• Your location

It’s always a good idea to shop around and compare prices from multiple aviation insurance providers before making a decision.

Frequently Asked Questions

Is Avemco Insurance a good choice for pilots and aircraft owners?

Yes! Avemco Insurance has been providing coverage to pilots and aircraft owners for over 60 years, and the company is known for its exceptional customer service and coverage options.

What types of aircraft does Avemco Insurance cover?

Avemco Insurance can cover a wide range of aircraft, including single-engine planes, multi-engine planes, helicopters, and experimental aircraft. If you have a unique or unusual aircraft, it’s always a good idea to contact Avemco directly to see if they can provide coverage.

What discounts does Avemco Insurance offer?

Avemco Insurance offers discounts for pilots who have completed safety courses and for those who have a certain amount of flight hours. The company also offers discounts for policyholders who have multiple aircraft or who have been with Avemco for a certain amount of time.

How do I contact Avemco Insurance?

You can contact Avemco Insurance by phone at 1-888-241-7891 or by email at customerservice@avemco.com. You can also visit their website at www.avemco.com to learn more about their coverage options and to get a quote.

What should I do if I need to file a claim with Avemco Insurance?

If you need to file a claim with Avemco Insurance, you can do so by calling their claims department at 1-888-241-7891. You’ll need to provide information about the accident or incident, as well as any documentation or evidence that you have. Avemco Insurance has a team of claims adjusters who will work with you to process your claim as quickly and efficiently as possible.

Conclusion

Avemco Insurance is a trusted and reliable aviation insurance provider that offers a wide range of coverage options for pilots and aircraft owners. Whether you’re looking for liability insurance, hull insurance, or personal injury insurance, Avemco has you covered. With competitive pricing and exceptional customer service, Avemco Insurance is a top choice for anyone who needs aviation insurance.