To work in a control tower is to perform one of the most high-responsibility jobs in the nation (and actually the world). Even one small error can spell disaster, and that is why control tower workers are also among the most highly trained and experienced in the transportation industry.
Still, it is possible incidents can still occur despite the precautions that are taken, and when they do, the repercussions can be extremely costly. All control towers must therefore protect themselves with liability insurance.
How Control Towers Liability Insurance Works
The thing about control tower incidents is that they can affect large groups of people, from airline passengers and crews to their families and employers. And in addition to resulting in huge settlements, an additional outcome is control tower employees losing their jobs. Because there is so much at stake, it is important not to risk having to pay for any of these incidents out of one’s own pocket.
A control towers liability insurance policy can be used to pay for settlements and often other legal expenses, therefore helping to ensure that nobody goes bankrupt in the process.
How Much Coverage Should I Get?
The amount of coverage needed in a liability policy will depend on a number of factors: the size of the control tower and the airport(s) it services, the amount of takeoffs and landings it oversees per day, whether the flights are primarily commercial, private or cargo, the amount of employees in the control tower, etc. Basically, the higher the potential cost of an incident, the higher the coverage amount should be. Talking with an experienced liability insurance agency will help you learn more about policy options for the control tower you are in charge of, as well as give you a better idea of how insurance can be used to protect your future.
Contact a local insurance professional that has experience with this business category, someone that can guide you and help you procure the right insurance coverage.