Posts Tagged ‘aircraft damage at Dulles’
Snow Collapses Hangar at Dulles
This has to be every FBO and aviation insurance carrier’s worst nightmare to deal with. This week at Dulles Airport in Washington D.C., a hangar storing several large cabin business jets collapsed due to the weight of the snow from the blizzard that hit the area over the weekend.
There could easily be $150 million worth of aircraft totaled or damaged to the point they will be out of service for a long time. The hangar, which was a fairly new structure, is worth probably $5 million itself.
Whose insurance covers this one? The aircraft owners or the owner of the hangar?
I have asked our insurance agent Tom Chappell to keep an eye on this and write on the issue of insurance coverages and how this possibly could play out. For those of us in the aviation services businesses it will be an eye opener as to the amount and scope of the insurance coverage we have.
What a mess!
Make sure this doesn’t happen to you: http://www.chappellsmith.com/
