Insurance

[moxiepilot]

I'm using the computer at work & for some reason the search function isn't op today, so let me ask you guys....

As CFI's what are your thoughts on carrying insurance (as an independant contractor)?

I will be looking into AOPA, but

1. do you think it's necessary?
2. if not, why not?
3. if so, where are you getting your insurance from?

thanks pals.

-mox

[Acadia]

Unless you are working under another policy I think it is a good idea to get your own coverage. I used to keep a policy through AOPA and it also acted as a renter’s policy. I can’t recall the numbers, but it was pretty good converge for a reasonable cost (I think I paid around $500 a year a few years back). It is only a value as a freelance instructor and does not cover you if you are working for a school that has its own coverage (at least that’s how it was when I was carrying a policy of my own).

Douglas

[roundout]

falcon insurance offers a pretty good insurance package for independant CFIs. you have to be a member of NAFI. NAFI is $39 and if you get the insurance, it pays for itself, plus you have the additional benefits of being a NAFI member. i am 99% sure that this policy will cover you even if you're operating at a school with its own insurance policy. i also know that the policy will pay for damages that occur in an incident/accident to any student you've taught under the policy (pretty nice if you ask me).

[Philip]

Originally Posted by roundout

falcon insurance offers a pretty good insurance package for independant CFIs. you have to be a member of NAFI. NAFI is $39 and if you get the insurance, it pays for itself, plus you have the additional benefits of being a NAFI member. i am 99% sure that this policy will cover you even if you're operating at a school with its own insurance policy. i also know that the policy will pay for damages that occur in an incident/accident to any student you've taught under the policy (pretty nice if you ask me).

even if they have insurance it'd sure be nice to know the insurance company isn't going to subrogate against you for the total damages.