Summary: It's perhaps one of the most expensive insurance claims in aviation history. As many as 20 aircraft were damaged or destroyed in when the roof of the Dulles Jet Center hangar buckled under the weight of almost 30 inches of ice and snow in February 2010. Lawsuits surrounding the collapse are still pending in court and could take years to settle, but losses could exceed $400 million. What should you look for when you negotiate a hangar lease? In this edition of the NBAA Flight Plan podcast, Tim Bonnell, president of PIM Aircraft Insurance, says you should keep a wary eye on the loss-provisions of your contract.
