Insurance Requirements for Private Air Charters
When it comes to private air charters , insurance is an important factor to consider. Air charter operators must maintain insurance coverage in order to meet FAA regulations and state laws. The type of aircraft and its geographic location will determine what level of insurance coverage is necessary. Before booking a charter, passengers should research the type of insurance that their operator has in place and make sure it meets the requirements for their journey. It is also important to understand any additional liabilities the operator may have due to the aircraft’s age or condition. The Federal Aviation Administration (FAA) requires all air charter operators to carry liability insurance for at least $1 million per passenger on board the aircraft - though this amount may vary depending on the type of aircraft and its location. Additionally, most states have laws that require operators to provide proof of financial responsibility if they are operating within their borders. If you are u...