Mach.12
Pre-Flight
Question for the forum. I recently solo'd a student. He is an older professional and fairly well to do (plans on buying a used Mooney with cash after his IFR training). I started talking to him about insurance when we started getting near his first solo.
Yesterday he did his second solo and when he was finished I asked him if was good on his insurance. He told me the FBO owner (and owner of the plane) told him (the student) that he was covered under the FBO policy.
I've had insurance since the day before I solo'd years ago, I've always understood that the FBO policy covers the FBO from liability and damage and if claims against you as the pilot are satisfied in that process then good. However, there is no requirement for the FBO insurance company to assume your liabilities and as such, I always carry insurance.
I talked to my student about this and he wont hear it. Says he is covered under the FBO policy and does not need personal insurance. I feel like I have done my due diligence as an instructor (who is younger and less professionally successful than this guy) and I am not going to raise it again.
So the question is. If he solos and has an accident, assuming he has been properly trained by me, and is found personally in error (lets say he taxis into another plane and minorly hurts someone) am I exposed?
Yesterday he did his second solo and when he was finished I asked him if was good on his insurance. He told me the FBO owner (and owner of the plane) told him (the student) that he was covered under the FBO policy.
I've had insurance since the day before I solo'd years ago, I've always understood that the FBO policy covers the FBO from liability and damage and if claims against you as the pilot are satisfied in that process then good. However, there is no requirement for the FBO insurance company to assume your liabilities and as such, I always carry insurance.
I talked to my student about this and he wont hear it. Says he is covered under the FBO policy and does not need personal insurance. I feel like I have done my due diligence as an instructor (who is younger and less professionally successful than this guy) and I am not going to raise it again.
So the question is. If he solos and has an accident, assuming he has been properly trained by me, and is found personally in error (lets say he taxis into another plane and minorly hurts someone) am I exposed?