Airport and CGL FAQ What does CGL mean? CGL is Comprehensive General Liability or Commercial General Liability. Insurance companies don’t want to imply a false sense of coverage by naming their policy Comprehensive so they are naming the policies Commercial General Liability to address any false impression of coverage as the CGL policy is not comprehensive and contains many exclusions. The term Commercial doesn’t apply all that well either as this policy can be used for anyone who has an aviation exposure. A private company or hangar owner can buy this coverage even though they have no commercial operations what so ever. Why do you ask for my receipts for my products and completed operations coverage? The reason they want your receipts is that insurance companies use a different rate for your different coverages based on your sales of that product or service but the premius are usually based on sales receipts using the different rates. For example you sell $100,000.- in fuel in any given year, the insurance company will apply a rate per $100 or $1,000 in fuel sales to determine the premium. In this example say they used a $5.00 per $100 rate for 1million dollars in liability coverage. Your premium to cover the sale of that fuel would be $50,000. If they used a $5.00 per $1,000 rate your premium would be $5,000. What is Hangar Keepers Legal Liability? Hangar Keepers Legal Liability coverage is for entities or individuals who move, work on, store or take possession of someone else’s aircraft. It provides coverage incase you or one of your employee's damage an aircraft you do not own but is in your care custody and control. An important item to point out is this does not cover acts of nature nor does it provide coverage in flight. Inflight coverage is now available as non-owned coverage and should be purchased if you or your employees are operating aircraft you do not own. Years ago the insurance companies used to offer in-flight hangarkeepers coverage but that coverage has mostly disappeared. I want aircraft detailer coverage, why can't I get coverage for doing that? Through the years many underwriters have tried to offer coverage to aircraft detailers but for most if not all companies it has proven to be an unprofitable line of business for them and they subsequently choose not to offer coverage to aircraft detailers. There are obviously exceptions such as companies that have been in business for many years with a favorable loss ratio and excellent management and employees. Another issue is most detail companies are relatively small and don't generate a lot of revenue and the cost to provide coverage for these few detailers far outweighs what they can afford to pay in insurance premiums so consequently no coverage is readily available. I'm a mechanic for the airlines and want to do annuals and routine maintenance on weekends for extra money, can I get an insurance policy? That is a tough question to answer. Coverage may be available to you but the cost maybe so high that you would probably be working on weekends just to pay the insurance premium for your policy. Give us a call to discuss your particular situation.