In a nutshell and probably missing all kinds of things, here are a few things to be aware of / questions to ask.
You really need to make sure you are both happy, there is a legal minimum insurance (third party cover) that needs to be in place, but if you have any sense you will want to be insured for the hull as well. It is sometimes possible to take out a policy to insure the excess on the aircrafts policy so you are liable for no money if you damage the helicopter, it is usually difficult (if not impossible) to arrange cover for the helicopter if it already has an insurance cover somewhere else, so if you want covering for the hull (other than against excess) do it on the aircrafts insurance policy which may involve you in an increased cost to strart with.
Where will it live if you take it away and are they happy with that ?
Who will check out pilots who might use it ? having a licence is not proof of competency.
Who is responsible for its repatriation costs if it breaks down away from base and you are in it ?
How is it maintained and to what standard ?
Do you meet the insurance minima on the owners policy to start with ?
How available is it and will you get gazzumped when the owner wants it ?
How much can you really save by doing it that way ?
Are there any weather minima associated with it (often not, but there should be) ? _________________ Gary
Its not something I've ever heard discussed just something I would insist on if it where mine and someone hired it, I don't want to pay for it to come home on a truck from Scotland because thats where someone else took it if it say lived and were maintained in Cornwall.
It may be unenforceable or unworkable its just something I thought about a while ago.
Some places now insist on an SFH contract taken out each time you hire from them, several have been burnt in the past so you can hardly blame them. _________________ Gary
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