Pilot Topics

Insurance Considerations

Lesson 11

​There are also important insurance considerations here. These are often the deciding factor. As was mentioned earlier, you might have the appropriate certificates, ratings, endorsements and flight time in your logbooks. So the FAA is satisfied. But remember, the FAA only sets a minimum standard. You do want to exceed that, don’t you? Interestingly, some pilots pay little heed to this. Unfortunately, their egos get in the way.

But to get insurance, you will have to meet the insurance requirements, which are far more stringent than the FAA’s. Insurance companies review the accident record and consider your experience, and set the premium accordingly. This is where many pilots will choose training at a professional facility instead of going with a local instructor, to meet insurance mandated training requirements. Most local CFI’s are not qualified to deliver this level of advanced training, unless they have significant experience and ‘time in-type’, and have been approved by the insurance company. Even after having received training (FTD or simulator based) from a professional training organization, the pilot will then likely be required to receive additional training in the airplane, from an insurance ‘approved’ CFI, who has experience in make and model, before he can then fly ‘solo’. Quite a process, yes, and this is similar to the process followed by the airlines, but we are all better for it. Just consider and compare the safety records. The insurance companies have to write the check when things go awry, and they try to prevent that by insisting on regular, quality training from an experienced, well qualified instructor.

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