Insurance Journal Features Missouri Aviation Specialists, Travers and Associates

Missouri Aviation Specialists Offer Pay-by-the-Hour Insurance Coverage

"St. Louis, Mo.-based Travers and Associates is now offering pay-by-the-hour insurance coverage as a cost saving alternative to traditional commercial aviation insurance packages.

Travers and Associates specializes in insurance products for the aviation industry. It noted that with flying hours down in many parts of the country, commercial operators have less cash flow to pay the traditional premiums associated with operating flight schools, charter operations, flying clubs, rental operations and more. The fixed monthly premiums can make months of below-average flying hours very difficult.

Travers and Associates' new offering allows its customers to only pay for insurance when they actually need it, by the flying hour. The program is offered in conjunction with Phoenix Aviation Managers.

Customers pay an hourly rate for each hour the airplane flies ...."

Read the full article in the Insurance Journal