THE FIVE IMPORTANT COVERAGES  IN YOUR HAB POLICY THIRD PARTY LIABILITY.  Covers your liability should you negligently cause bodily injury to a non-passenger or property damage to others.  A Bodily Injury example would be accidently hitting a person on the ground.  On Property Damage, the example would be knocking off someone's chimney.  The limit is usually $1,000,000 including passenger liability in the next paragraph.  No deductible. PASSENGER LIABILITY.  Usually passengers are covered up to $100,000 per passenger within the $1,000,000 limit in the above paragraph.  Crew and pilots, who are not employees, are treated as passengers.  No deductible. DEFENSE COVERAGE.  Often overlooked, this important coverage provides unlimited defense costs to protect you in case of lawsuits alleging losses under Third Party or Passenger Liability. The carrier will appoint attorney(ies) to defend you; this coverage does not count against the limits in the above paragraph, as may happen in some competing policies.  No deductible. MEDICAL PAYMENTS.  Usually $5000 per passenger to include pilot and crew.  This is meant as "first aid" coverage and is available without regard to fault to enable you to provide proper care immediatlely for injuries incurred.  No deductible. HULL COVERAGE.  You can select this "All Risk" coverage, subject to certain exclusions, to protect against damage to your envelop and basket.  Accessories are covered for 10% of the sum of the limits for each balloon.  Coverage is "Stated Amount", that is, you name the amount of coverage per item and we pay up to that amount without deductions for depreciation.  Deductibles of $500 and up apply. Otrher carriers provide similar coverages but the terms and conditions may vary substabntailly.  We believe this coverage to be the very best available and would be happy to quote and compare coverage anytime.   NOTE:  This is a thumbnail summary for your convenience and the exact policy wording applies to all claims.