As of April 2015, 11 states have some variation of a liability insurance requirement or aircraft financial-responsibility requirements, which require GA aircraft owners to demonstrate financial ability to cover potential losses incurred in an accident (see figure below).
Show on map. For all our friends who are not familiar with the Gulf of Tehuantepec, it is a large bay on the Pacific side of the Isthmus of Tehuantepec, the narrowest area of land which separates the Gulf of Mexico from the Pacific Ocean.how on map. For all our friends who are not familiar with the Gulf of Tehuantepec, it is a large bay on the Pacific side of the Isthmus of Tehuantepec, the narrowest area of land which separates the Gulf of Mexico from the Pacific Ocean.
One of the gulf's seven main areas is the Gulf of Mexico basin. The Gulf of Mexico formed approximately 300 million years ago as a result of plate tectonics. The Gulf's basin is roughly oval and is approximately 810 nautical miles (1,500 km; 930 mi) wide and floored by sedimentary rocks and recent sediments.