All Club aircraft are insured under a Hull and Liability policy. The hull is insured for current market value (ranging from $55 000 for the C152 fleet to $190 000 for more advanced singles and twins) whilst the liability policy is for a combined single limit of $10,000,000.
In the event of an incident where the pilot is responsible for damage to the aircraft, the pilot will be liable for the insurance excess which is $2 000. Members can insure against being charged this excess by paying a nominal fee (currently $100).
Please note that the above is a very general summary and members are requested to read the policy wording (extract) which is available from the Royal Aero Club of WA Operations.
To download a copy of the Insurance Excess Form please Click here.