Parachuting Insurance: Cost & Quotes From $45/mo

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Do you run a parachuting school or work as an instructor? If so, you know that insurance is important to protect yourself, your business, and your clients in case of accidents. Parachuting can be an exhilarating experience, but it also comes with risks. The pilot can make a mistake during the flight and result in a crash. The chute can also malfunction and cause someone’s death. 

That’s why insurance coverage is crucial to protect you and your business. This article will explore everything you need about parachuting insurance, including its various types, coverage limits, and costs. We’ll also review some of the best parachuting insurance companies in the market so that you can choose the right one for your needs.

General Liability Insurance for Parachuting Instructors and Schools 

CoverWallet  NEXT (Best) Thimble Hiscox The Hartford
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $2,000,000 $1,000,000/$2,000,000
Aggregate limit  $2,000,000 $2,000,000 $1,000,000/$2,000,000 $2,000,000 $1,000,000/$2,000,000
Products and completed operations aggregate limit  $2,000,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000
Advertising injury coverage aggregate limit  $1,000,000 $1,000,000 $2,000,000 $1,000,000 $1,000,000
Tenant’s legal liability coverage limit  $300,000/$1,000,000 $300,000 $100,000 $100,000 $1,000,000
Waiver of subrogation included? Yes No Included Can be included No
Hired/non-owned auto liability coverage included? Yes No No Can be included Can be included
Equipment breakdown floater included? No  Yes Yes Can be included Can be included
Can you get a certificate of insurance online? Yes Yes Yes Yes Yes
Name additional insureds? Yes Yes Yes Yes Yes
Deductible $0 $0 $0 $0 $0


General liability insurance is important insurance coverage for parachuting instructors and schools, protecting you against bodily injury, property damage, and advertising injury claims. It’s also essential to consider additional insurance options to address specific risks and liabilities. 


Coverage Limits of  General Liability Insurance for Parachuting Instructors and Schools 

The coverage limits of this skydiving insurance can range up to $1,000,000 per occurrence.


Add-Ons to General Liability Insurance for Parachuting Instructors and Schools 

  • Professional liability coverage–This optional add-on to the general liability coverage of your parachute jump insurance program protects claims related to professional negligence 

  • HNOA coverage–This add-on covers any accidents caused by a vehicle you hired or borrowed for business purposes

What Are the Coverage Exclusions for This Insurance Policy?

The coverage exclusions for this insurance policy may vary depending on the insurer and the specific policy. Some exclusions may include coverage for intentional acts, criminal acts, or acts of terrorism. Reviewing the policy carefully and understanding the exclusions before purchasing it is essential.


Professional Liability Insurance for Parachuting Instructors and Schools 

CoverWallet  NEXT Thimble (Best) Hiscox The Hartford
Per occurrence limit  $1,000,000 $1,000,000 $1,000,000/$2,000,000 $1,000,000 $1,000,000
Aggregate limit  $2,000,000 $2,000,000 $1,000,000/$2,000,000 $1,000,000 $2,000,000
Name additional insureds? Yes Yes Yes Yes Yes
Waiver of subrogation included? Yes No Yes Can be included No
HIPAA coverage included? No No No No No
Sexual misconduct coverage included? No No No No Can be included
License defense coverage included? No No No No Can be included
Deductible  $500 $500 $500 $50/$10,000 $500


Professional liability insurance protects your business from financial loss due to lawsuits and other legal issues if you are a parachuting instructor or run a skydiving school. This type of parachuting insurance for instructors and schools can grant protection if a claim is filed due to inaccurate advice, negligence, and other related perils. 


Coverage Limits of Professional Liability Insurance for Parachuting Instructors and Schools

Coverage limits typically range from $1 million to $10 million, depending on the size and scope of your business and the risks involved.


Add-Ons to Professional Liability Insurance for Parachuting Instructors and Schools

  • Business interruption coverage–Protects if your business operations are interrupted due to unpredicted events such as natural disasters or equipment failures

  • Non-Owned aircraft liability coverage–Covers injuries or damages caused by aircraft you do not own but use for skydiving activities

Can Professional Liability Insurance for Parachuting Instructors and Schools Cover Claims Related to Improper Equipment Maintenance?

Professional liability insurance can provide coverage for claims related to improper equipment maintenance. If an accident or injury occurs due to equipment failure or improper maintenance by the instructor or school, resulting in a lawsuit, professional liability insurance can help cover the legal costs and potential settlements associated with the claim.


Public Liability Insurance for Parachuting Instructors and Schools

Public liability insurance for parachuting Instructors and Schools is a type of insurance that covers legal liability arising from accidental injury to third parties or damage to your property during your business operations. Skydiving operators and instructors in Europe often require public liability insurance, and therefore skydiving insurance in Europe is a consideration when opting for a policy. 


Coverage Limits of Public Liability Insurance for Parachuting Instructors and Schools

Coverage limits typically range from $1 million to $10 million, depending on the size and scope of your business and the risks involved.


Does Public Liability Insurance for Parachuting Instructors and Schools Cover Accidents That Occur During Transportation to and From the Skydiving Location?

Public liability insurance typically does not cover accidents that occur during transportation to and from the skydiving location. It primarily focuses on liability for injuries or property damage that arise from the actual skydiving activities or operations conducted by the school or instructor. To cover transportation-related accidents, separate insurance policies such as commercial auto insurance or hired/non-owned auto insurance may be necessary.

Compare Cheap Parachuting Insurance Quotes Online

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Commercial Property Insurance for Parachuting Instructors and Schools

CoverWallet NEXT (Best) Thimble The Hartford Hiscox
Building coverage limit (minimum) $50,000 $320,000 $25,000/$500,000 $75,000 $25,000
Contents coverage limit (minimum) $50,000 $35,000 $25,000/$500,000 $75,000 $15,000
Outdoor signs Excluded $2,500 Excluded Excluded Included
Accounts receivable  Excluded Excluded $5,000/$10,000 Excluded Included
Money and securities Excluded $2,500 $1,000 Excluded Included
Lock and keys  Excluded $2,500 Excluded Excluded Included
Business interruption floater Excluded Included Included Excluded Included
Equipment breakdown floater Excluded Included Excluded Excluded Included
Inland marine insurance floater Excluded Excluded $10,000 Excluded Excluded
Employee dishonesty floater Excluded $5,000 $2,500 Excluded Excluded


This insurance protects against damage or loss of property owned by the business, including buildings, equipment, and other property assets. Here are some situations where commercial property insurance can help:

  • Damage to your property or equipment caused by natural disasters such as floods, hurricanes, or earthquakes

  • The deprivation of belongings resulting from robbery or intentional damage

  • Loss of income due to business interruption caused by covered events

Coverage Limits of Commercial Property Insurance for Parachuting Instructors and Schools

Commercial property insurance has coverage limits ranging from $25,000-$1 million. 

Add-Ons to Commercial Property Insurance for Parachuting Instructors and Schools

  • Equipment breakdown coverage–Covers repair or replacement costs for equipment that breaks down due to mechanical or electrical failure

  • Extra expense coverage–Covers additional costs incurred to keep your business running in case of covered events

Does Commercial Property Insurance Cover Damage to the Personal Belongings of Students or Customers While on Your Property?

Commercial property insurance only covers damage to the insured property and assets the business owns. If a customer’s belongings are damaged or lost while on your property, then commercial property insurance can’t help. 


Business Owner’s Policy for Parachuting Instructors and Schools

CoverWallet NEXT (Best) Thimble  Hiscox
General liability aggregate limit  $2,000,000 $1,000,000/$2,000,000 $1,000,000/$2,000,000 $300,000/$2,000,000
Commercial property coverage limit  $50,000 $320,000 $25,000/$500,000 $75,000
Optional policies can be added? Yes Yes Yes Yes
Name additional insureds for free? Yes Yes Yes Yes
BOP discount? Yes Yes Yes Yes


Business owner’s policy (BOP) can provide property and liability insurance coverage in a single package. This can save you money on premiums while protecting your business from unexpected events.


Coverage Limits of Business Owner’s Policy for Parachuting Instructors and Schools

Coverage limits can range from $100,000 to several million dollars depending on the size and scope of your business and the risks involved.


Add-Ons to Business Owner’s Policy for Parachuting Instructors and Schools

  • Cyber liability insurance–Protects your business from damages or losses caused by data breaches or cyberattacks

  • Employment practices liability Insurance–Covers legal costs in case of lawsuits filed by employees for discrimination, harassment, or other employment-related issues

What Are the Advantages of Having a Business Owner’s Policy (Bop) For Parachuting Instructors and Schools Compared to Standalone Skydiving Insurance Policies, Specifically in Terms of Coverage Limits?

The advantages of a BOP compared to standalone skydiving insurance policies include the convenience of having property and liability coverage bundled into a single package, potential cost savings on premiums, and coverage limits that can range from $100,000 to several million dollars based on the size and risks of the business.


A man and woman soaring through the mountains while paragliding, protected by comprehensive Parachuting Insurance coverage.


Commercial Auto Insurance for Parachuting Instructors and Schools

Commercial auto insurance for parachuting instructors and schools provides coverage for vehicles used for business purposes. This type of insurance covers liability and physical damage for vehicles used by parachuting instructors and schools during business operations. Commercial auto insurance is made out of the following components:

  • Auto liability coverage–It covers damages you’re legally responsible for if you cause an accident that injures someone or damages their property. It includes bodily injury liability and property damage liability

  • Collision coverage–Covers damages to your vehicle caused by a collision with another vehicle or object, regardless of who’s at fault

  • Comprehensive coverage–Covers damages to your vehicle caused by non-collision events, such as theft, vandalism, fire, or natural disasters

  • Uninsured/underinsured motorist coverage–It covers damages caused by a driver who doesn’t have enough insurance to pay for the damages they caused or have no insurance

  • Medical payments coverage–It covers medical expenses for you and your passengers in the event of an accident, regardless of who’s at fault

Coverage Limits of Commercial Auto Insurance for Parachuting Instructors and Schools

Commercial auto insurance has a minimum coverage limit of $25,000 per bodily injury, $50,000 per accident, and $25,000 per property damage. 


Add-Ons to Commercial Auto Insurance for Parachuting Instructors and Schools

  • Rental Reimbursement–Covers the cost of a rental vehicle if your business vehicle is in the shop for repairs.

  • Roadside assistance coverage–Pays for the cost of tire repair, tire delivery, gas delivery, towing, and other roadside assistance services your vehicle needs if it breaks down on the road 

Does Commercial Auto Insurance cover skydiving equipment during transport?

Commercial auto insurance covers only the vehicle, not the transported equipment. However, you may be able to purchase separate insurance policies for your skydiving equipment, such as inland marine insurance.


Workers’ Compensation Insurance for Parachuting Instructors and Schools

Workers compensation insurance for parachuting Instructors and schools is a type of insurance that provides coverage for employees injured or ill due to their work activities. This covers medical bills, lost wages, rehabilitation, and in case of death, burial expenses. Here are some situations where this policy can help:

  • Injuries sustained while landing or exiting the aircraft

  • Parachute malfunctions or failures

  • Accidents caused by equipment failure or improper maintenance

  • Accidents resulting from improper instruction or supervision

Add-Ons to Workers’ Compensation Insurance for Parachuting Instructors and Schools

Some workers compensation insurance policies may offer additional add-ons or coverage options that can further protect you and your business. Some examples include:

  • Employer’s liability insurance–Provides additional coverage for legal costs and damages if an employee files a lawsuit against you or your business

Skydiving Travel Insurance

Skydiving travel insurance is a specialized insurance policy designed to cover individuals participating in skydiving activities while traveling. It offers protection against potential risks and incidents related explicitly to skydiving during the trip.


Coverage Limits of  Skydiving Travel Insurance

Coverage limits often range from $100,000 to several million dollars. The actual coverage amount for travel insurance including skydiving will depend on factors such as the level of risk involved in the skydiving activities, the location of the trip, and the duration of coverage required.


Add-Ons to Skydiving Travel Insurance

  • Personal accident insurance provides additional coverage for accidental death, permanent disability, or dismemberment resulting from a skydiving-related incident during the insured trip

  • Emergency medical assistance ensures access to 24/7 emergency medical assistance services in case of a medical emergency during the skydiving trip, including medical consultations, hospital referrals, and medical evacuation, if necessary

Tandem Skydive Insurance

For you as a tandem skydiving instructor or school, tandem skydive insurance is essential. It is specifically tailored to address the risks and liabilities involved in tandem skydiving activities. With this insurance, you receive coverage that protects both you as the instructor and your students. 

In the unfortunate event of accidents, injuries, or property damage during a tandem skydive, the insurance steps in to provide financial protection. It ensures that you are safeguarded against potential legal expenses, medical costs, and settlements or judgments. By having tandem skydive insurance, you can engage in your activities with confidence, knowing that you and your students are protected.

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Parachuting Insurance Cost 

Cost per Month Cost per Year Deductible
General liability insurance $45 $540 $0-$500
Professional liability insurance $49 $588 $500-$1,000
Commercial property insurance $81 $972 $1,000-$2,000
Business owner’s policy $103 $1,236 $500-$2,000
Travel insurance $64 $500-$1,000
Commercial auto insurance $75 $900 $1,000-$2,000
Workers compensation insurance $130 $1,560 $2,500-$5,000


The average parachuting insurance cost for instructors and schools is $45 per month or $540 per year for a $1 million general liability policy. Factors that affect the cost of premiums are:

  • Location–Insurance providers may consider some locations higher risk than others, and this can affect the cost of coverage

  • Level of risk–The degree of potential danger involved in certain activities might be deemed higher by insurance companies, and this evaluation can impact the price of the insurance policy

  • Coverage limits–Higher coverage limits can lead to higher premiums.=

  • Number of employees–For workers’ compensation insurance, the number of employees can affect the cost of coverage

In connection, here’s a table showing the rates of companies we recommend you work with:

Cost per Month Cost per Year Best for
NEXT $25 $300 Best overall; Fastest general liability insurance for parachuting instructors and schools
The Hartford $29 $348 Comparing parachute jump insurance quotes online
CoverWallet $33 $396 Strong reputation for customer service
Tivly $36 $432 Comparing parachute jump insurance quotes over the phone
Thimble $38 $456 On-demand coverage for parachuting instructors and schools
Hiscox $40 $480 Parachuting insurance for schools and instructors that renews automatically every year

Compare Cheap Parachuting Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Best Parachuting Insurance Companies

The best parachuting insurance companies may vary depending on individual needs and preferences. However, here are some well-known insurance companies that are often recognized for their coverage options and customer satisfaction in the parachuting industry. Read some of the reviews below to know their pros, cons, and average rate for a $1 million general liability insurance:


NEXT Parachuting Insurance 

Pros

  • Best overall

  • Issues an online proof of insurance instantly

  • Fastest general liability insurance for parachuting instructors and schools

  • Great customer service and reputation

  • Excellent rates

  • Outstanding value for money

  • Get a 10% discount if you buy two or more policies 

Cons

  • Couldn’t find any

NEXT Insurance is a leading insurance company specializing in providing coverage for various industries and professions. They offer comprehensive insurance solutions tailored to the unique needs of businesses, including those involved in adventurous activities like skydiving and parachuting.

Best for: Best overall; Fastest general liability insurance for parachuting instructors and schools

Average cost: $25 per month.

Our rating: 10/10


CoverWallet Parachuting Insurance

Pros

  • It is possible to adjust your package to suit your needs and convenience.

  • Their online resources enable you to pay premiums, submit claims, and obtain an insurance certificate for free

  • Compare quotes online 

Cons

  • Not an insurance company but an insurance broker

CoverWallet is a prominent insurance technology company that offers innovative solutions for small businesses. With its user-friendly online platform, CoverWallet aims to simplify the insurance purchasing process, making it more accessible and efficient for business owners.

Best for: Comparing parachute jump insurance quotes online 

Average cost: $29 per month 

Our rating: 10/10


The Hartford Parachuting Insurance

Pros

  • Has received customer satisfaction ratings that are higher than the average

  • They offer assistance throughout the claims process and have a simple and easy-to-follow claims procedure

  • Renowned company for workers compensation insurance

Cons

  • Limited add-ons to general liability insurance

The Hartford is a well-established insurance company with a rich history spanning over 200 years. With a strong reputation for reliability and financial stability, The Hartford is a trusted provider of insurance solutions for individuals, businesses, and organizations.

Best for: Strong reputation for customer service 

Average cost: $33 per month 

Our rating: 10/10


Tivly Parachuting Insurance

Pros

  • Provides a broad range of coverage options and allows businesses to customize their policies to meet their specific needs

  • Tivly offers insurance options for both individuals and businesses

  • Compare quotes over the phone

Cons

  • They do not offer any tools to manage multiple policies from different providers

Tivly offers insurance policies for individuals and businesses, including options for skydiving and parachuting. This company can connect you with all types of business insurance and you can easily get a quote on the insurance. Call now to compare quotes over the phone. 

Best for: Comparing parachute jump insurance quotes over the phone

Average cost: $36 per month

Our rating: 9/10


Thimble Parachuting Insurance

Pros

  • Allows customers to choose their coverage duration, from hourly to monthly

  • Provides online policy management tools

  • Quick to issue an estimate of your rates

Cons

  • You can’t reach customer service by calling

Thimble is an innovative insurance company that caters to the unique needs of small businesses and independent workers. With their flexible and on-demand insurance policies, Thimble aims to provide simple and accessible coverage to protect businesses against potential risks and liabilities.

Best for: On-demand coverage for parachuting instructors and schools

Average cost: $38 per month

Our rating: 8/10


Hiscox Parachuting Insurance

Pros

  • Excellent financial strength ratings

  • 14-day money-back guarantee

  • Worldwide coverage

Cons

  • Online quoting not available all the time due to periodic site maintenance

Hiscox is an international specialty insurer offering a range of commercial insurance products, including business liability insurance. If you are looking for skydiving insurance in Europe, their team of experienced underwriters and brokers can help you find the coverage you need at a competitive price.

Best for: Parachuting insurance for schools and instructors that renews automatically every year

Average cost: $40 per month

Our rating: 9/10

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