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Reality Check: What are the Costliest Insurance Claims?

Duration: 04:45Views: 18.9KLikes: 532Date Created: Aug, 2020

Channel: Air Safety Institute

Category: Education

Tags: planeinsurancefaafocusaviationownerslosshard landingsawarenesssafetyloopupbonanzatrendsgear-uprichardhangarpilotsntsbcostliesttaxirunwaymishapsaccidentsairportmarketaopaflyingclaimsinstitutegearmcspaddenflightmistakestrainingairspeedhikesrateenginedirectionalinsurerspropofstrikesincidentscostlyhardgoundteardownair safetyrebuildpilotaircraftcontrolchecklisttylerflylandingasiairplaneavoidpangbornstatistics

Description: Sponsored by AssuredPartners Aerospace | Education, focus, and discipline help lower insurance rates if applied consistently in our flying. How? If we are informed about the type of mishaps that are driving up rates and if we make a concerted effort to avoid them, we can save the insurance carriers money—which in turn saves us money. The AOPA Air Safety Institute team researched insurance claims in general aviation to understand the type of claims that can drive up the insurance rates. And the findings may surprise you. Watch Reality Check: What are the Costliest Insurance Claims to see how you can be part of the solution and help reduce the cost of aviation insurance. For more information on this topic read Richard McSpadden's article "Safety Spotlight: Costly Mistakes - Common Mishaps That Drive Insurance Rates Higher": aopa.org/news-and-media/all-news/2020/june/pilot/safety-spotlight-costly-mistakes To help make videos like these possible consider donating to the AOPA Foundation: aopa.org/donation/oneclickdonation?keycode=R2014WASIUT Watch more videos by the AOPA Air Safety Institute on our channel: youtube.com/AirSafetyInstitute

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