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14 CFR 198.7 - Amount of insurance coverage available.

§ 198.7
Amount of insurance coverage available.
(a) For each aircraft or insurable item, the amount insured may not exceed the amount for which the applicant has otherwise insured or self-insured the aircraft or insurable item against damage or liability arising from any risk. In the case of hull insurance, the amount insured may not exceed the reasonable value of the aircraft as determined by the FAA or its designated agent.
(b) Policies issued without premium may be revised from time to time by the FAA with notice to the insured, to add aircraft or insurable items or to amend amounts of coverage if the insured has changed the amount by which it has otherwise insured or self-insured the aircraft or itself.

Title 14 published on 2012-01-01

no entries appear in the Federal Register after this date.

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code
USC : Title 49 - TRANSPORTATION

§ 106 - Federal Aviation Administration

§ 40113 - Administrative

§ 44301 - Definitions

§ 44302 - General authority

§ 44303 - Coverage

§ 44304 - Reinsurance

§ 44305 - Insuring United States Government property

§ 44306 - Premiums and limitations on coverage and claims

§ 44307 - Revolving fund

§ 44308 - Administrative

§ 44309 - Civil actions

§ 44310 - Ending effective date