Finance, Taxes, Insurance
Report Finds Few Mandates for Genav Liability Insurance
The GAO investigated GA liability insurance requirements at behest of lawmakers, who questioned feasibility of imposing federal requirements.

The vast majority of states do not require liability insurance for owners of general aviation aircraft, the Government Accountability Office (GAO) reported late last week. The congressional watchdog looked into general aviation liability insurance requirements at the behest of lawmakers concerned that a lack of mandates has led to instances of individuals incurring losses but receiving little to no compensation. The lawmakers further asked the GAO to explore the feasibility of imposing federal liability insurance requirements.


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