3.9 Insurance

Insurance is a risk management tool. Airports may purchase a variety of coverage types, such as property, auto liability, business interruption, general liability, workers’ compensation, and employment practices liability insurance.

ACRP Synthesis 30: Airport Insurance Coverage and Risk Management Practices
Identifies both the variables that affect insurance purchasing for airport operators and the range of risk management practices that exist among U.S. airports. The report is designed to help airport officials confronted with risk-financing and insurance-purchasing decisions.