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Aircraft Insurance in Minnesota

Mandatory Insurance

State requirements, lender rules, and airport policies for Minnesota aircraft owners.

State Liability Insurance

Required by Law

Minimum: $100,000 per person

State Hull Insurance

Not Required

Lenders always require hull coverage

Federal Requirements (FAA)

The FAA does not require liability or hull insurance for privately owned general aviation aircraft. Only commercial air carriers must carry insurance under 14 CFR Part 205 ($300,000 per passenger minimum). This means Minnesota's state mandate is stricter than federal law.

Minnesota State Law

Minnesota is the only state that requires liability insurance for virtually all GA aircraft. Under Minn. Stat. 360.92, operating without insurance is a misdemeanor. Minimums: $100,000 per passenger seat (bodily injury/death and property damage), $100,000 per non-passenger per accident, $300,000 per occurrence for non-passengers. If your insurer cancels, MnDOT must be notified at least 10 days prior and your registration is automatically revoked. Exemptions exist for FAA experimental certificate aircraft (no passengers) and pre-1940 historic aircraft.

View Statute

Lender Requirements

Most aircraft lenders require hull insurance with the lender named as loss payee, plus liability coverage of at least $1M.

Airport & FBO Requirements

Many Minnesota airports and FBOs require proof of liability insurance ($1M minimum) for based aircraft and transient operations.

Recommended Coverage

Regardless of state law, most aviation professionals recommend at minimum:

  • $1M combined single limit liability with $100K per-passenger sublimit — the most common GA coverage level
  • Hull coverage equal to current market value (stated value, not actual cash value)
  • In-motion and not-in-motion coverage (ground and flight)

Source: AOPA Insurance Services. An estimated 10-20% of GA aircraft fly uninsured (GAO Report GAO-15-740, 2015).

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