Aircraft Renter's Insurance Rates & Coverage Options
When you are renting or borrowing an aircraft, don't assume that your flight school or friend has you covered. Their policy may not protect you from a lawsuit if you injure someone or damage property. Avemco Renter's Insurance can protect you and the plane you are renting. Visit our Aircraft Renter's Insurance Page.
What type of Renter's Insurance Coverage do you need?
As a renter, you will need standard bodily injury and property damage insurance in case you cause harm to someone else or to someone's property when using a non-owned aircraft. Aircraft damage liability is optional and provides coverage if any damage occurs to the aircraft you are operating. Avemco's renter's policy covers both single and multi-engine planes. If you own your aircraft or this doesn't seem like a right fit for you, visit our Avemco Products page to find the right insurance for you!
How much Aircraft Renter's Insurance do you need?
Just like aircraft owners, aircraft renters want to carry as much liability insurance as is available and that they can afford. An Avemco aviation insurance specialist can help you decide on how much renter's insurance to carry based on your situation.
How much does Avemco Renter's Insurance cost?
Aircraft Renter's rates start at just $95 before any credits are applied. The cost to insure you while you fly a rented or borrowed aircraft will be based on multiple aspects, such as where you fly and the type of aircraft. Below you will find rates and options based on your specific needs. If you have more questions, please call (888) 241 7891
Easily search aircraft insurance rates according to your specific needs with our handy rate chart. Click here for the 48 contiguous states and here for Alaska and Hawaii
Note: Actual premiums for the "48 Contiguous States" shown below will be higher in Kentucky, New Jersey and West Virginia due to additional charges assessed in those states. These rates do not apply to CFI Non-Owned Insurance.
Single and Multi-Engine Aircraft Insurance Rates — 48 Contiguous States
Standard Bodily Injury & Property Damage Liability Limits & Annual Rates (required)
| Each Person | Property Damage | Each Accident | Single Engine Premium | Multi-Engine Premium |
| $25,000 | $250,000 | $250,000 | $105 | $160 |
| $50,000 | $500,000 | $500,000 | $115 | $175 |
| $100,000 | $500,000 | $500,000 | $190 | $280 |
| $100,000 | $1,000,000 | $1,000,000 | $225 | $340 |
Aircraft Damage Liability Limits and Annual Rates (optional)
| Limit | Single Engine Premium |
Multi-Engine Premium |
| $1,000 | $70 | $110 |
| $5,000 | $135 | $225 |
| $10,000 | $170 | $290 |
| $15,000 | $230 | $390 |
| $20,000 | $245 | $415 |
| $25,000 | $305 | $520 |
| $30,000 | $340 | $585 |
| $35,000 | $400 | $680 |
| $40,000 | $455 | $770 |
| $45,000 | $510 | $870 |
| Limit | Single Engine Premium |
Multi-Engine Premium |
| $50,000 | $550 | $935 |
| $55,000 | $610 | $1010 |
| $60,000 | $620 | $1045 |
| $65,000 | $665 | $1,135 |
| $70,000 | $745 | $1,265 |
| $75,000 | $800 | $1,360 |
| $80,000 | $820 | $1,390 |
| $100,000 | $1025 | $1,735 |
| $150,000 | $1,540 | $2,620 |
Single and Multi-Engine Aircraft Insurance Rates — Alaska and Hawaii
Standard Bodily Injury and Property Damage Liability Limits and Annual Rates (required)
| Each Person | Property Damage | Each Accident | Single Engine Premium |
Multi-Engine Premium |
| $25,000 | $250,000 | $250,000 | $210 | $320 |
| $50,000 | $500,000 | $500,000 | $230 | $350 |
| $100,000 | $500,000 | $500,000 | $374 | $560 |
| $100,000 | $1,000,000 | $1,000,000 | $450 | $680 |
Aircraft Damage Liability Limits and Annual Rates (optional)
| Limit | Single Engine Premium |
Multi-Engine Premium |
Limit | Single Engine Premium |
Multi-Engine Premium |
| $1,000 | $135 | $220 | $50,000 | $1,100 | $1,870 |
| $5,000 | $265 | $450 | $55,000 | $1,190 | $2,025 |
| $10,000 | $340 | $585 | $60,000 | $1,230 | $2,090 |
| $15,000 | $460 | $780 | $65,000 | $1,330 | $2,265 |
| $20,000 | $485 | $825 | $70,000 | $1,485 | $2,530 |
| $25,000 | $605 | $1,035 | $75,000 | $1,595 | $2,720 |
| $30,000 | $680 | $1,165 | $80,000 | $1,640 | $2,785 |
| $35,000 | $805 | $1,365 | $100,000 | $2,035 | $3,465 |
| $40,000 | $915 | $1,540 | $150,000 | $3,080 | $5,235 |
| $45,000 | $1,025 | $1,740 |
FAQS On Aircraft Renter’s Insurance Rates
What does Airplane Renter's Insurance cover?
It is an annual policy that typically covers liability protection, liability for damage to the aircraft, and expenses resulting from accidents while renting or borrowing an airplane. It may also include coverage for loss of use if the rented airplane is damaged and unavailable for a period of time. Coverage specifics can vary depending on the insurance carrier and policy terms, so it is important to review the policy prior to purchasing so you fully understand the coverages and exclusions.
Is Non-Owned Aircraft Insurance the same as Airplane Renter’s Insurance?
Non-owned aircraft insurance and airplane renters’ insurance are similar but not the same. For more information, please visit Avemco Insurance Company at www.avemco.com/products/renter or to speak directly with one of our Aviation Underwriters, call (888) 241 7891.
Which states require aircraft insurance?
As of January 2022, there isn’t a federal requirement for aircraft insurance in the US. However, individual states may have their own regulations regarding aircraft insurance. For more information, please visit Avemco Insurance Company at www.avemco.com/products/renter or to speak directly with one of our Aviation Underwriters, call (888) 241 7891.
How is Renter's Aircraft Insurance calculated?
Several factors are considered when calculating aircraft renter’s insurance. For more information, please visit Avemco Insurance Company at www.avemco.com/products/renter or to speak directly with one of our Aviation Underwriters, call (888) 241 7891.