Insurance for
Aviation
Manufacturers

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Offering solutions for complex and hard-to-place manufacturing risks

Aviation and aerospace manufacturing encompass the design, creation, and fabrication of parts and components. Manufacturers therefore require a broad selection of insurance policies in order to be appropriately covered.

As these risks can fall outside of traditional policy forms, we offer personalized consultation to discuss the nuances of your operations. We can also provide access to surplus lines markets for hard-to-place accounts. Our insurance packages are designed to scale as your business evolves, providing peace of mind as you grow.

KEY COVERAGES

Products Liability
$0.00

Provides coverage for aviation products, parts, and components that you are manufacturing.

Grounding Liability
$0.00

Provides coverage in the event an aircraft is grounded to failure or flaws in your manufactured parts and/or components.

Supporting insurance coverages

We offer a wide range of insurance policies to cover your business as your exposures grow and change.

  • In many states*, Workers Compensation insurance is required once you add your first employee. Our insurance partners offer competitively-rated coverage for all aviation-related payroll / employment categories. The typical policy includes the following limits:

    • $1,000,000 Each Accident

    • $1,000,000 Disease - Policy Limit

    • $1,000,000 Disease - Each Employee

    Policies are based on an estimated annual premium, with payment due in full at the start of the policy period. An annual audit is conducted at the end of the policy period.

    Dividend programs are available for NATA and NBAA members. Individual dividend options may also be available.

    *Please refer to the workers compensation laws in your state for specific requirements.

  • Provides coverage for stored inventory and tools belonging to your company and/or employees, as well as your business personal property.

  • While most Aviation General Liability policies offer On-Airport Auto Liability coverage, a Commercial Auto policy is a useful option for liability and physical damage coverage when driving off-airport premises. The following coverages and limits are available:

    • Liability: Up to $1,000,000 (excess liability policies may be available as needed)

    • Comprehensive Coverage

    • Collision Coverage

    • Hired Autos: For rental vehicles

    • Non-Owned Autos: To cover employee-owned vehicles when driving on behalf of your business

    Click here to request a Commercial Auto quote.

  • Professional liability insurance is also known as errors & omissions insurance. This policy protects against claims of negligence, professional mistakes, or misrepresentation in your services.

  • Provides coverage for defense costs and damages related to various employment-related claims including allegations of Wrongful Termination, Discrimination, Workplace Harassment and Retaliation.

  • Directors & Officers Liability insurance protects directors and officers of a company from personal liability arising from alleged wrongful acts or negligence. It also covers claims made by employees, customers, competitors, or regulatory bodies related to decisions or actions taken by directors and officers in their official capacities.

    Source: ERGO Next Insurance

The Aviation Manufacturers Team