BREAKDOWN OF HANGAR AND PROPERTY INSURANCE

If you have your own personal aircraft, or if you own an aircraft hangar, you’ll need to invest in insurance – the same as you would for a car. Personal planes and aircraft hangars are very valuable assets and you want to protect them and keep them in top condition at all times. Having good hangar insurance is one way you can do that. Our team at Monmouth Executive Airport is happy to explain the importance of hangar insurance and property insurance within this article. Here are some of the basics:

• Each aircraft owner and each hangar owner has specific needs, and insurance helps them meet their specific needs. This includes aspects like fueling, de-icing, parking, storage, maintenance, and other services provided in hangars. 
• For airports like Monmouth, hangar and property insurance is essential when renting out hangars to third parties. Insurance acts as coverage for another person’s aircraft while they’re in the airport hangar, and helps protect you in case something happens.
• You can customize your hangar insurance portfolio to include exactly what you need. Common types of insurance are: 
• Hangar structure insurance: Hangars can easily be damaged by strong winds, heavy storms, and other weather occurrences. 
• Business property insurance: This covers the equipment inside your hangar, like tools and any machinery. 
• General liability insurance: This policy provides coverage if third-party injury or damage occurs while in your hangar. 
• Auto liability insurance: This is important if you have a shuttle that drives people to and from your hangars, or two and from their aircraft upon take-off and landing. 
• Pollution liability insurance: In the event of an accident, flammable liquids like fuel and other chemicals can leak into the surrounding ground and water. This policy covers costs associated with clean-up and any damage caused.

Invest in aircraft and hangar insurance

There are certain unavoidable liabilities you’ll encounter when you own an aircraft hanger, or when you’re working with hangars and aircrafts. Heavy machinery, combustible materials, and expensive equipment means that insurance is essential. If you’re unsure about which policies you should include in your hangar insurance portfolio, we recommend speaking with an experienced insurance company that works with hangar owners, aircraft owners, airport owners, and others in the aviation industry. 

Aircraft hangars are a big investment. Keep your property safe and mitigate any risks with property insurance, also learn more about potential liabilities that come with owning an aircraft hangar. For more information about hangar insurance and property insurance, please contact our team at Monmouth Airport today. We look forward to hearing from you. 

PLANNING A COVID-SAFE LONG WEEKEND OR DAY TRIP THIS SUMMER?

Summer is finally upon us, and here at Monmouth Airport we’re ready to welcome you as you plan your COVID-safe getaways. Whether it’s a romantic weekend with your partner or a day trip with your family, our executive airport is conveniently located near many wonderful places.

Using a smaller airport like Monmouth Airport has many benefits, especially as we continue dealing with COVID-19. Commercial airports are busy, crowded spaces where it’s not always possible to social distance. When you hire a private plane for the day, you’ll only be in close proximity to people you already live with. It’s safer, cleaner, and more convenient all around.

Fun day trips or weekend places to visit near Monmouth Executive Airport

Spring Lake: This historic town is an ideal setting for a romantic weekend getaway. You and your partner will enjoy the quaint, small-town feeling alongside the relaxed atmosphere. There are plenty of activities to do including fine dining, shopping, and cultural events. Most notably is the spectacular natural beauty of the beaches and the ocean, which you can enjoy as you walk along the non-commercial boardwalk. You’ll find plenty of charming B&Bs in Spring Lake – perfect for some quality time with your partner.

Sea Girt: This community is part of the famous Jersey Shore, and it’s a wonderful destination for a quick family getaway. In Sea Girt, you’ll find plenty of outdoor activities like Sea Girt Beach and Boardwalk, which is perfect for a warm sunny day. You can take in the beautiful views and even go for a dip in the ocean. For those interested in a little bit of history, the Sea Girt Lighthouse and museum is open to visitors, and even offers guided tours. You can also rent stand-up paddleboards at Sea Girt Beach if you’re adventurous enough to give it a try!

Manasquan: This village is also part of the Jersey Shore, and boasts miles of beautiful shoreline perfect for beach-going, sunbathing, surfing, and leisurely strolls. Manasquan is also home to Fisherman’s Cove Conservation Area and Jenkinson’s Aquarium, two must-do’s for any nature lover. You can also spend fun evenings exploring the Jenkinson’s Boardwalk, or spend a day on a sportfishing trip.

Stress-free travel with Monmouth Airport 

Our airport allows you to avoid crowds, observe proper social distancing, and land closer to your final destination than larger, commercial airports. Whether you’re planning a romantic weekend getaway with your partner or a fun day trip for the kids, we’re ready to kickstart the fun and welcome you to Monmouth Airport!

For more information about Monmouth Executive Airport, or if you have any flight questions, please contact our team today. Discover why so many people choose to use Monmouth Airport for their COVID-safe summer getaways. We look forward to hearing from you.

Originally posted https://monmouthjetcenter.com/planning-a-covid-safe-long-weekend-or-day-trip-this-summer/