FAA Renews Paperwork for Airlines Seeking War-Risk Insurance
Published Date: 5/22/2025
Notice
Summary
The FAA wants to keep collecting info from airlines to make sure they qualify for special war risk insurance and to set the right coverage. They’re asking for your thoughts by June 23, 2025, to keep this process smooth and fair. This renewal won’t cost airlines extra but helps keep everyone safe and covered in tricky situations.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
Air carriers must apply and keep insurance info current
If you are an air carrier seeking FAA aviation war risk insurance, you must submit an initial electronic application and keep the FAA updated with business information, a copy of your current commercial insurance policy, and any new aircraft you want covered. Updates are required as necessary and typically occur 1–2 times per year; FAA issues coverage only after an application is submitted and when commercial insurance is not available on reasonable terms.
Estimated time burden for submissions
The FAA estimates the time to respond ranges from 10 minutes to 4 hours per respondent. Specific estimates: initial application — 4 hours; commercial policy submission — 10 minutes; business information update — 5 minutes; aircraft schedule update — 2 minutes per aircraft. The cumulative total annual burden is estimated at a maximum of 158 hours.
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