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New Website Unveiled!   We are pleased to announce the recent launch of our completely new website. Designed in close partnership with Live2Create Interactive, hopeaviation.com now features a blend of the excellent, dynamic content you’ve come to expect from HOPE along with new Resource Library and Media Center pages, plus the ability to interact with…

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Broker Spotlight: Shannon Hope Shannon Hope joined the firm in 2004, representing the agency’s third generation as grandson of company founder Stuart Hope Sr. and son of agency Vice-President Stuart Hope, Jr. Shannon graduated from James Madison University with a B.B.A degree in Management with a concentration in Technology, Innovation, & Entrepreneurship. He is a…

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The Importance of Contract Review We recently penned an article explaining how accustomed we’ve become to signing contracts in our everyday business dealings without even a cursory reading. When it comes to aviation contracts, however, the stakes are high enough to warrant a much closer inspection by you, your attorney and your insurance broker. Generally…

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  Electronic Signature is Here! Our online pilot form now has electronic signature capability for those who prefer not to have to print, sign and manually return their pilot record. To access, go to hopeaviation.com and click “Online Pilot Form.” When finished, you will be given the option to either sign electronically or print and…

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Checklist for Renewing an Aviation Insurance Policy As pilots, checklists are a handy way to make sure we don’t miss something important. At Hope Aviation, we’ve found the same holds true for running our business and so we use several checklists to help keep us on track. It is also a great way for you…

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2011 Market Update – A Few Clouds on the Horizon? The soft aviation insurance market cycle is coming to a close with premiums likely to trend modestly upward sooner, rather than later. Shrinking capacity and another year of claims outpacing premiums is leading to higher reinsurance rates for all insurers that will filter down to…

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Broker Spotlight: Stuart Hope The WOD: Overhead Squat 3-3-3-3-3. Welcome to the world of CrossFit where WOD means “workout of the day!” Broker Stuart Hope stays at the top of his game, in part, by a lifetime devotion to “the sport of working out.” He has completed seven marathons, a sprint triathlon, a 105-mile bike…

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Medical Expense – The “Bridge” Coverage Most aviation insurance policies include medical payments coverage but this common policy feature can be misunderstood. The typical limits of $3,000, $5,000, or $10,000 sure don’t seem like much for a bodily injury claim, and they’re not – by design. Medical coverage is not the same as liability coverage.…

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 Broker Spotlight: Marion “Bubba” Hope You may know Marion Hope as President of Hope Aviation Insurance but did you know he is also a member of the South Carolina Football and Basketball Official’s Hall of Fame? Marion has been officiating high school and college sports most of his adult life and spends his Friday nights…

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Market Update for 2010 Last year we reported early signs of firming aviation insurance rates. As we begin 2010, another clear indicator of this trend is the absence of two insurance carriers: Travelers and AXA/Britt-Paulk. These companies began writing domestic aviation insurance policies a few short years ago and have elected to discontinue these operations.…

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