Aviation Insurance Products

Compare 27 products offered for Aviation Insurance from 14 companies including AVRO Insurance Managers, STARR Companies, and AXA XL.

Our Insurance Comparison Tool allows you to pick the Aviation Insurance policy that's right for you by comparing every plan offered by Canada's leading providers. The Frequently Asked Questions can help you learn more about this coverage area.

Compare Aviation Insurance Policies

Products 1 to 10 of 27
Product name Max Coverage Min Premium Exclusions
Aviation by AXA XL Max Coverage US$750M Min Premium N/A


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Aviation and Aerospace by STARR Companies Max Coverage CA$35M Min Premium N/A


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General Aviation by Allianz Global Corporate and Specialty Max Coverage N/A Min Premium N/A


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Aviation Reinsurance by Atrium Underwriters Max Coverage CA$40M Min Premium N/A


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General Aviation by AIG Insurance Company of Canada Max Coverage N/A Min Premium N/A


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Aerospace / Aviation Product Liability by AIG Insurance Company of Canada Max Coverage N/A Min Premium N/A


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Aviation and Aviation War by Atrium Underwriters Max Coverage N/A Min Premium N/A


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General Aviation Airports by Global Aerospace Max Coverage CA$20M Min Premium N/A


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Aviation General Liability by AVRO Insurance Managers Max Coverage CA$5M Min Premium N/A


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Aviation Special Events and Tour Operations by AVRO Insurance Managers Max Coverage N/A Min Premium N/A


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Frequently Asked Questions

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What Is Aviation Insurance?

Aviation insurance is financial protection designed to cover the risks associated with operating aircraft and aviation. As the aviation industry has hazards that are not common with other methods of transport, a specific type of liability insurance is required to cover these unique risks. These risks can involve the maintenance and use of aircraft, property damage, loss of cargo, or injury to people. Aviation insurance protects both its owners and aircraft operators from unforeseen losses.

What Does Aviation Insurance Cover?

Aviation insurance covers many different aspects of the aviation sector. There are different types of coverage available for the different types of operation and risk:
  • aircraft hull and aircraft liability: this concerns any damage to the hull or aircraft both while the plane is parked (ground risk hull – non-motion) or while the plane is on ground but in motion during takeoff or taxi (ground risk hull – motion)
  • aviation liability: coverage for risk areas associated with airports and aviation operations such as public liability, commercial general liability and passenger liability
  • aviation products liability: coverage for components used in aircraft or other aviation products
  • aviation cargo: coverage for losses or physical damage to cargo while in transit or in flight
  • aircraft crew and personal accident: coverage for bodily injury or death to a member of aircraft crew
  • hangar keeper’s liability: coverage for damages caused to objects of customers entrusted to the insured party (including aircraft)
  • in-flight: aircraft coverage for all phases of flight and ground operation, including while parked or stored
  • passenger liability: bodily injury coverage for passengers who are injured or killed during a flight
  • war and terrorism: coverage in case of a hijack, bomb threat, abduction or hostage scenario

What Is Not Included In Aviation Insurance?

Despite the expansive nature of Aviation insurance there are still certain areas that are excluded from most policies. As the aviation industry is highly regulated, exclusions tend to relate to the compliance with certain regulations. Typical exclusions include:
  • aircraft operated without an airworthiness certificate
  • aircraft operated outside of parameters set by regulations
  • aircraft operated by an unlicensed pilot (or a pilot whose medical clearance has not been obtained)
  • air carriers without sufficient coverage as specified by regulations

How Much Does Aviation Insurance Cost?

The cost of Aviation insurance will depend on several factors, including the type and value of the aircraft, the experience of the pilot as well as the safety records of the plane and crew, plus the estimate value of possible damage to property and harm to passengers.