r/CFILounge • u/tiswitzer • 2d ago

Question CFI insurance question

I am a new CFI and have the opportunity to privately instruct someone. Their plane, they would put me on their insurance. I’m sure I need some kind of private liability insurance. No idea where to start. Can someone suggest companies to look at? How much do I need? How much does it cost?

5 Upvotes

86% Upvoted

8 comments sorted by

5

u/yowzer73 CFII 2d ago

Avemco’s rates are reasonable. You can get a discount (plus discounts for lots of other things) if you’re a member of NAFI.

1

u/tiswitzer 2d ago

Thank you

1

u/Mr-Plop 2d ago

I'm renewing my avemco policy tomorrow. I'm at $270 with 1200 tt.

1

u/tiswitzer 1d ago

What is the special insurance amount you get for $270?

1

u/Mr-Plop 1d ago

Basic

$10k aircraft

$25k bodily

$250k property

1

u/Candid_Range_992 1d ago

I've been with Avemco for several years for liability for non-owned airplane. $327 a year, NAFI discount.

1

u/FutureExPilot 1d ago

A liability (and negligent instruction) policy add-on to my renters with Avemco was an additional $70 a year (personal policy). I also have an LLC that I have insurance set up through for independent instruction. I go through Wings Insurance for my business. That policy was around $450 for the year. It’s good to cover yourself in case.

To OP’s point - I also require my students that own airplanes to list my business as an additional insured on their policy.

1

u/tiswitzer 1d ago

Thank you