LRingeisen
Well Known Member
When it comes to aircraft insurance, a couple of important terms to understand are named insured verses named pilot.
The named insured is the person or entity that owns the aircraft and is listed as the primary policyholder. They are responsible for the aircraft and any potential claims or issues that may arise. The insurance policy should match the FAA registration, so the named insured should be the owner of the aircraft. If there is a claim or if the policy is canceled, any refund or payment will be made out to the named insured.
A named pilot, on the other hand, refers to the specific pilots who are authorized to fly the aircraft on a regular basis. These pilots are listed by name in the insurance policy. However, there may be exceptions for occasional use pilots who fly the aircraft infrequently. These pilots may qualify to fly under an open pilot warranty, which means they are covered without being specifically named in the policy. Keep in mind, most insurance companies require the registered owner to be listed as a named pilot.
It's important to remember that insurance policies can vary, and the specific coverage and requirements for named insureds and named pilots may differ. If you have any questions or concerns about your coverage, it's always best to reach out to your insurance broker for clarification.
The named insured is the person or entity that owns the aircraft and is listed as the primary policyholder. They are responsible for the aircraft and any potential claims or issues that may arise. The insurance policy should match the FAA registration, so the named insured should be the owner of the aircraft. If there is a claim or if the policy is canceled, any refund or payment will be made out to the named insured.
A named pilot, on the other hand, refers to the specific pilots who are authorized to fly the aircraft on a regular basis. These pilots are listed by name in the insurance policy. However, there may be exceptions for occasional use pilots who fly the aircraft infrequently. These pilots may qualify to fly under an open pilot warranty, which means they are covered without being specifically named in the policy. Keep in mind, most insurance companies require the registered owner to be listed as a named pilot.
It's important to remember that insurance policies can vary, and the specific coverage and requirements for named insureds and named pilots may differ. If you have any questions or concerns about your coverage, it's always best to reach out to your insurance broker for clarification.