AAIRRG :: Aviation Alliance Insurance Risk Retention Group, Inc.
   

Why Is Repair Station Insurance So High?

The insurance industry has stacked the deck against you. Reinsurers (insurance for insurance companies) that specialize in aviation have convinced most general insurers that aviation is too specialized and high-risk and therefore exclude aviation from their reinsurance coverage. As a result less than 1% of U.S. insurers will even consider writing an aviation risk.

What does that mean for your repair station? The lack of competition hampers your ability to negotiate competitive rates.

The Aeronautical Repair Station Association (ARSA), an association devoted to the interests of aviation repair stations, recently conducted an insurance survey of its members. Sixty-nine percent of respondents said that the availability and affordability of liability insurance was a major problem.

As a result, a core group of ARSA members agreed to contribute their time and money to see if an insurance alternative might prove to be a better alternative to the current costly options.

On June 18, 2010, after five years of hard work, the Aviation Alliance Insurance Risk Retention Group, Inc. (AAIRRG) received its Certificate of Authority.

Please read through our website and see for yourself why AAIRRG might be the right solution for your repair station.  If you have any questions or wish to become a member, please contact us.

News & Press Releases

Certificate Issued by State of Montana Insurance Department
Download the official AAIRRG Certificate of Authority issued on June 18, 2010.
Cheaper Insurance for Shops?
Article by Henry Canaday posted on Aviation Week (March 10, 2010)
 

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Notice: AAIRRG has been granted a certificate of authority from the Montana Department of Insurance. This is not an offer for insurance and no coverage may be bound or policies issued until the registration process has been completed with your individual state.