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Hangar Insurance

Features and Benefits

Protection for the building that protects your plane

 

Avemco Insurance Agency, Inc. is proud to offer the National Hangar Insurance Program (NHIP).* Since 1991, NHIP has been providing airport property coverage across the United Sates. Staffed with aviation and insurance experts, NHIP meets the high standards for quality products and unsurpassed service that pilots and aircraft owners have come to expect from Avemco.

Hangar insurance covers physical/structural damage to your hangar and its contents. Liability coverage is available as an option in addition to the physical damage coverage, but not as a stand alone coverage. Avemco does, however, offer owned hangar liability as an optional coverage on its aircraft coverage policies.

The Hangar policy includes all of these great benefits:

Standard Policy Benefits

Replacement cost coverage

Flood coverage

Newly-acquired property

Co-insurance waived

Back-up of sewers and drains

Debris removal

Fire department service charge

Pollutant clean-up

Theft damage

Valuable papers



Optional Coverage Available

Commercial automobile


Inland marine


Boiler and machinery


Crime


Law and ordinance


Mobile equipment


Builders risk

Signs


Fuel farms


Tools coverage


Electronic data processing equipment


Fire legal liability


Business interruption


* Avemco Insurance Company and Avemco Insurance Agency, Inc. collectively market under the trademark Avemco. Avemco Insurance Company insures general aviation aircraft and pilots and does not underwrite the hangar insurance product. Hangar insurance policies offered through this program are provided to qualified applicants through the Avemco Insurance Agency, Inc. (Arkansas Producer License #274909 and California #0E63427) and are underwritten by the Travelers Insurance Companies through the National Hangar Insurance Program.