Comprehensive Insurance Solutions for Municipal and Private Airports
Municipal and private airports are critical hubs in the aviation industry, facilitating essential connectivity for both passengers and cargo. In the U.S., the general aviation sector, which includes private airports, generates approximately $247 billion annually and supports over 1.2 million jobs according to the General Aviation Manufacturers Association (GAMA). Ensuring that these airports are protected with robust insurance coverage is essential for managing the unique risks associated with aviation operations.
Why Municipal and Private Airports Need Insurance
Insurance for municipal and private airports is crucial due to the high-risk nature of aviation activities. From aircraft operations to ground handling, airports face numerous risks that could result in significant financial losses, operational disruptions, or legal liabilities. Comprehensive insurance coverage helps mitigate these risks and ensures the continued smooth operation of airport facilities.