The insurance part of a contract often has very specific requirements regarding the type and volume of insurance you have to bear. In addition to an aircraft hull and liability policy, some hangar agreements provide that you must also carry a Commercial Civil Liability Directive (GLC); Non-life insurance Work allowance Vehicle liability (with authorization to operate on the airport site); and perhaps even liability in case of pollution. If the tenant does not pay the rent on time or if he violates one of the terms of this contract, the landlord has the reasons for the eviction of the tenant. After 15 days after receiving an eviction notice written by the landlord, the tenant loses all rights to this contract and immediately evacuates the rented shed. That`s the territory. Airport area, that is. If you want to have your plane in a hangar – and your insurance company prefers it anyway – you`ll probably consider the end of a laborious detail known as the aircraft hangar or hangar contract. There are a few things to remember when it comes to aviation contracts and insurance. Other provisions of the hangar contract may include the requirement that your insurance company waive the transfer to the owner of the shed. This means that you or your insurance cannot return to the owner of the shed for damage they could cause.
Something to think about when the hangar owner also offers push-pull service on your plane, as the most common claims we see are ground handling incidents. So, what are you doing? Insurance companies understand that hangar agreements can be laborious and that they often make some political shelters because they in turn prefer planes in hangars. But after maintaining a proper lawyer and an insurance check, you should be prepared to negotiate the terms of the contract with the shed owner before signing the contract. It is not uncommon for these agreements to be developed by non-aeronautical people or to be merely boiler panel contracts with provisions that simply do not apply to your use of the hangar.