Aircraft Dealer Insurance Coverage Checklist
The coverages an aircraft dealer business may carry — core, prevalent, and situational — why each matters, and the gap most often missed.
Pull out your current policy and check the box next to any coverage you can confirm is already in place — anything unchecked is worth a quick conversation with your advisor. Coverage checklist for aircraft dealers and brokers. Priorities reflect typical exposure for this class; confirm against your actual products, locations, and operations.
Tick each coverage you can confirm you carry — anything left unticked is a good question for your next policy review.
| Have it? | Coverage | Why this business needs it | Priority |
|---|---|---|---|
| Aircraft Hull (Fleet / Reporting Form) | Covers owned and consigned inventory aircraft. | Core | |
| Aircraft Liability | Covers injury and damage from demo and ferry flights. | Core | |
| Non-Owned Aircraft Liability | Covers flying aircraft the dealer doesn't own. | Core | |
| Airport Premises Liability | Covers ramp and hangar visitors. | Core | |
| Workers' Compensation | Covers pilots and ramp staff. | Core | |
| Hangarkeepers Liability | Covers customer aircraft in your care. | Prevalent | |
| Products-Completed Operations | Covers claims from aircraft sold and pre-buy work. | Prevalent | |
| Professional / E&O | Covers misstated logbooks, damage history, or title. | Prevalent | |
| Property (Hangar) | Covers the hangar, tools, and equipment. | Prevalent | |
| Umbrella | Adds limits for aviation verdicts. | Situational |
The coverage gap most often missed
The gap most often missed by aircraft dealers is diminution of value and loss of use on consigned aircraft. The fleet policy pays only for physical damage, so after a demo accident the owner can come back against the dealer for the rest. Allocate this in consignment agreements or buy limits that respond to it.
Send us the checklist and we'll review your aircraft dealer coverage line by line, then market it across multiple carriers that compete for your account.
Related: Aircraft Dealer Insurance · Aircraft Dealer Supplemental (apply) · All coverage checklists
Frequently asked questions
What insurance does an aircraft dealer business need?
The core coverages for an aircraft dealer business are Aircraft Hull (Fleet / Reporting Form), Aircraft Liability, Non-Owned Aircraft Liability, Airport Premises Liability, Workers' Compensation. This checklist also lists the prevalent and situational coverages worth considering, with a plain-English note on why each matters.
Is this checklist insurance advice?
No. It is a free educational tool to help you have a more informed conversation with a licensed professional. It affords no coverage and is not insurance, legal, or financial advice — only your actual policy language governs what is and isn't covered.
Can Cory Washington & Co. review my aircraft dealer coverage?
Yes. Share your checklist and we'll review your program line by line, market your account across multiple carriers, and explain the trade-offs in plain English. Cory Washington & Co. LLC is licensed in all 50 states.
This checklist is a free educational tool from Cory Washington & Co. to help you review your own coverage and have a more informed conversation with a licensed insurance professional. It is general information only — not insurance, legal, or financial advice, and not a recommendation to buy, change, or cancel any policy. Coverage terms, availability, limits, and requirements vary by policy, carrier, and state, and only the language in your actual policy governs what is and isn’t covered. Checking or leaving blank any item above does not indicate that you are adequately insured or under-insured. Using this checklist does not create a client, agency, or fiduciary relationship. Always consult a licensed professional about your specific situation.