ASCI 404 ERAU Non Owned Aircraft Insurance Policy Discussion – Description
Assume that the Data Page. has your name as the Insured (Policy Holder) with your address and the premium you paid to purchase the following coverage limits:
Coverage A: $1 million per occurrence and $100,000 per passenger
Coverage B: $350,000
And
The Policy Period began yesterday and continues for one year.
The pilot endorsement includes you, by name, holding a currently valid FAA Commercial Pilot Certificate with Second Class Medical Certificate.
General Accident Scenario
You are operating a rented aircraft with one non-pilot passenger on board. You attempt to land in a strong, gusty crosswind when you lose control. The aircraft departs the runway, the nose wheel strikes a runway light, and the aircraft flips over. The aircraft is damaged, and both you and your passenger are injured.
Based on the Sample Non-Owned Aircraft Insurance policy provided (link above), will the insurance company pay for each of the following losses? If so, how much will the insurance company pay? Cite the policy paragraph(s) relied on for each answer.
Treat each question as a separate response rather than a continuation or follow-up to the previous question(s).
The aircraft is damaged beyond economical repair. It would cost $175,000 to repair the damages, but an identical replacement aircraft can be purchased for $150,000.
Your passenger, a friend who was along for this recreational flight, is injured and incurs $20,000 in medical expenses.
You are injured and incur $18,000 in medical expenses, and
this was a recreational flight.
this was a flight made to visit a customer as a part of your employment.
Your passenger, a co-worker who was along on this business flight for your mutual employer, was injured and incurred $20,000 in medical expenses as a result.
You and your passenger each had a $1,800 laptop computer in the baggage compartment, and both were destroyed in the crash.
Elk hunting season opens Monday, and the purpose of your flight was to spot herds of elk from the air to help you select your hunting area. How would this affect the insurance company’s liability for
damage to the aircraft?
injury to your passenger?
Your intended destination was the border town of Douglas, Arizona, but the wind kicked up a lot of blowing dust, causing you to mistake the close-by airport in Agua Prieta, Mexico, for the Douglas Airport. You landed there where the accident occurred. How will this affect the insurance company’s liability for
damage to the aircraft?
passenger injuries?
At the time of the accident, your FAA Medical Certificate had expired. How would this affect the insurance company’s liability for
damage to the aircraft?
passenger injuries?
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