CFI Insurance
 

I’m looking to do a little instructing on the side.
Have permission from the Chief Pulot and now looking for CFI Insurance.
Here’s my gloom and doom scenario:
Through no fault of mine we end up in the ditch with a bent airplane.
Owners insurance pays the bill then comes after me being the highest rated pilot in the airplane.
I know what insurance companies can do and I’ve never instructed outside of a flightschool that carried Insurance.
Yes I’m an AOPA member.
Just looking for suggestions before I go digging.

Avemco through NAFI

Also better get a big umbrella.

I’m not having a very bright day so you’ll have to explain that one ;)

Insurance coverage for all things, except maybe pinching the girl in the center seat.

My CFI made me ensure there wasn't a subrogation clause on the policy before he flew with me in my aircraft. You may look into that clause, he didn't want it for that same reason. He didn't want insurance going after him since he had the most hours and money.

Avemco for sure!

A large policy (like $1M+) that kicks in after other policies are tapped out. Most specific underwriters (auto, boat, homeowner, aviation) won't do policies of $1M+, but if you have higher net worth you need it.

Especially as a CFI. At least you have some control over your driving habits, but if you sign somebody off you have no idea what they're going to do that might come back to haunt you.

If you're not higher net worth but are a major airline pilot, you probably still need an umbrella if you own a house, due to potential high future earnings. Normally the plaintiff will settle for the policy and leave your house alone. But if all you have is a house and future earnings, they might force you to sign over some future earnings in exchange for keeping the house (ambulance chasers prefer to deal in cash, not seized real estate).

If you don't own a pot to pee in (most CFI's) then you can just BK out and move on unscathed.