Are you protected when you rent or borrow an aircraft? The answer is probably NO! Most aircraft insurance policies are designed to protect the owner of the aircraft.
Naturally with the increase in these aircraft will also come an increase in accidents. Accidents like the Long E-Z crash that killed John Denver have raised questions about who is legally liable: Kolczynski, 1 Homebuilt aircraft liability litigation is expected to develop into a booming new industry in the coming future.
During the s and 80s production of single engine factory built aircraft has virtually come to a halt. With many product liability lawsuits, which led to large verdicts against the manufacturers of the single engine aircraft, manufacturers slowly dropped out the single engine aircraft business.
With no more single engine aircraft being built used single engine aircraft have dramatically increased in price. These events have led to an increase in homebuilt aircraft that cost a fraction of the price of a previously owned Cessna, Beechcraft, or Piper.
Another boost to homebuilt aircraft has been the FAA.
In the role of promoting air commerce, the FAA has supported regulations and advisory circulars that encourage the development of homebuilt aircraft; for example Advisory Circular Kolczynski, 2 Homebuilt aircraft are built a few different ways.
Some of these aircraft are built from scratch using plans from a designer. Others are purchased in kits consisting of plans, pre-fabricated parts, and some raw materials. During the assembly the hLiability in Homebuilt Aircraft Essay example - Liability in Homebuilt Aircraft Homebuilt aircraft are considered to be the fastest growing segment of aviation during the last two decades.
Naturally with the increase in these aircraft will also come an increase in accidents. The problems regarding aircraft liability in the international realm primarily relate to resolving issues of legal status of international airline passengers and cargo. The issues are defined as follows: sovereignty over Essay on Liability and Bankruptcy Law.
Essay on Aircraft Law: Liability - Aircraft Law: Liability The problems regarding aircraft liability in the international realm primarily relate to resolving issues of legal status of international airline passengers and cargo.
The issues are defined as follows: sovereignty over airspace, the impact of aerospace craft on the environment, the. Aircraft liability insurance is not complicated but in order to make sure you get the right aircraft liability insurance at the best price you need to work with a knowledgeable aviation insurance professional who can search the aviation insurance marketplace to match you .
00 CAA 00 05 09 Page 1 of 21 AIRCRAFT HULL AND LIABILITY POLICY This AIRCRAFT HULL AND LIABILITY POLICY ("Policy") can provide you with coverage to meet your aircraft insurance needs. The coverage you have selected is specified in the Declarations and in the. Aircraft liability insurance protects you in the event you are liable if your aircraft injures another or damages their property.
There are primarily two major methods in .