What is covered under hanger keeper's insurance?

Prepare for the Florida 4-40 Customer Representative License Test. Utilize flashcards and multiple choice questions with hints and explanations. Be ready to excel in your exam!

Hanger keeper's insurance is specifically designed to protect individuals or businesses that store aircraft in their hangars, covering the liability associated with their care, custody, and control of those aircraft. This type of insurance is critical for those who operate airport hangars or repair facilities, as it provides coverage for loss or damage to planes that are in their possession.

The focus on the storage of planes with the insured highlights the primary purpose of hanger keeper's insurance, which is to cover damages that may occur while the aircraft are stored under the care of the insured party, regardless of whether they own the planes. This includes incidents like theft, vandalism, or accidental damage that happens while the planes are in storage.

In addition, the other options do not align with the fundamental coverage provided by hanger keeper's insurance. For instance, ownership of the plane, flight operation insurance, and damage caused to other aircraft relate to different areas of aviation insurance. They do not specifically pertain to the liabilities associated with the storage of aircraft, which is the central aspect that hanger keeper's insurance addresses.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy