Pegasus Aviation Service, LLC
Solo Insurance is required
A Personal Annual Policy is usable at any flight school not just Pegasus. We require a minimum $80,000.00 policy.
MEDICAL COVERAGE This coverage is for a minor medical expense incurred within one year from the date of injury, to or for each passenger, including crew (pilot), who sustains bodily injury by a covered accident/incident. Expenses can be applied to: Clinic visit, x-ray or dental service, necessary ambulance, prosthetic devices, and hospital expenses.
PHYSICAL DAMAGE COVERAGE This covers any Physical Damage to the non-owned aircraft for which the insured is legally liable, caused by an accident/incident from your use of such non-owned aircraft, including loss of use of the non-owned aircraft. This coverage can also apply to a deductible you may be responsible for.Learn more about Renters Insurance coverage options in our post, “More about Renters Insurance Coverage Options.” 4. Many types of aircraft can be covered with Renters InsuranceSINGLE ENGINE FIXED WING AIRCRAFT Includes coverage for Sailplanes/Gliders Non-Pressurized, piston engine not exceeding 450 HP (7 Seats max)
MULTI ENGINE FIXED WING AIRCRAFT Includes Coverage for Single Engine Aircraft/Sailplanes/Gliders (7 seats max) Non-pressurized, piston engines not exceeding 350 HP (each engine) (7 seats max)
HELICOPTERS (PISTON) Includes Coverage for Single Engine Fixed Wing Aircraft (7 seats max) Single, piston powered engine not exceeding 450 HP (4 seats max)
SEAPLANES (SINGLE ENGINE FIXED WING) Non-pressurized, piston engine not exceeding 350 HP (7 seats max)
EXPERIMENTAL, LIGHT SPORT AIRCRAFT ARE INCLUDED 5. Coverage extends beyond the United States. A Renters Insurance Policy only applies to accidents/incidents that are sustained within the policy territory, which extends beyond the United States: Within and enroute between the political boundaries of the United States of America, its territories and possessions, Canada, Mexico and those portions of the Caribbean and Central America that lie West of 59° West longitude and North of 7° North latitude, excluding any part of Columbia, Cuba, Guyana or Venezuela. 6. Renters Insurance Rates are “Flat.” Rates for Renters Insurance polices are “flat,” meaning they are not impacted by pilot age, pilot certificate and ratings, or pilot hours. Rates are impacted by the following items: Type of aircraft being insured The amount of coverage you purchase Your personal aviation accident history (Accidents, losses, or claims sustained within the past 36 months)
Discounts are also available for pilots who have completed a FAA Basic, Advanced, or Wings Program.