Introduction: What Is Runway Insurance ? When we think of aviation insurance , we often imagine policies covering aircraft damage or passenger liability . However, runway insurance is a lesser-known but essential part of aviation risk management. It protects airport operators and aviation authorities against financial losses or damages related to runway incidents — such as aircraft skidding , surface damage, debris, or operational shutdowns. Why Runway Insurance Matters The runway is the most critical and high-risk zone of any airport. Even a small mishap — like a bird strike , oil spill , or runway excursion — can cause millions in repair costs and operational delays. Runway insurance helps absorb these risks, ensuring airport operations continue smoothly without major financial disruptions. Coverage Offered by Runway Insurance A typical runway insurance policy may include: Runway surface damage (from accidents or heavy weather) Third-party liability (if d...