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Private planes and liability insurance: What's the holdup?

Small planes are crashing on a regular basis. What can the insurance industry do to improve the situation?

By Tim Sprinkle | Updated on July 17, 2014
Is your pilot properly insured? Maybe not.

Author Damian Fowler takes on the private piliot community Thursday in an op-ed published in The New York Times, questioning why fliers of private planes are not currently required by the Federal Aviation Administration (FAA) to carry liability insurance. Doing so, he argues, would force private pilots to go through more rigorous training as required by their insurance carriers and could help cut down on small aviation crashes.

“Just type ‘private plane crash’ or ‘helicopter crash’ into Google Alerts and the updates come in regularly,” Fowler writes. “In January, in Aspen, Colo., a twin-engine private jet crashed and burst into flames, killing one and injuring two. In February, in Nashville, a twin-engine aircraft missed a landing approach and all four people on board died. In March, in Ridgway, Colo., an airplane went into a flat spin, crashed into icy water, and killed five people. Just yesterday, a small plane went down in New Jersey.”

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