Drones are one of the best things that ever happened to remote control entertainment since RC cars entered the market. However, we should keep in mind that, despite the fun, drones are not toys. This is why we should always think about drone insurance before purchasing one of these unmanned aerial vehicles (UAVs). Having some type of coverage can always be helpful, whether we use our drone for commercial or recreational purposes.
Today, we’ll take a look at several reasons why we might need a drone insurance policy. Also, we’ll discuss if we can get some kind of coverage from our homeowner’s or renter’s insurance policy. We will also go over a couple of useful options from which we can find a drone insurance policy that can suit our needs.
Why Do I Need Drone Insurance?
We might need to buy a drone insurance policy if we want to have coverage in case of two different situations. First, and the most common one, would be looking for damage, loss, or theft coverage. Unfortunately, it is not unusual for drones to suddenly fly into the sunset, looking for freedom, never to be seen again. Drone crashes are quite common too, just as the occasional theft situation. Having to repair or buy a new one from our own pocket again isn’t ideal, and drone coverage can help cover that.
The second scenario would be getting liability coverage, as we could end up injuring someone or damaging their property. Even when we might think drones can’t really hurt anybody, there have been several incidents of UAVs crashing people and injuring them. Crashing our drones into people’s houses, cars, and offices are all quite likely scenarios, unfortunately. This is why we should consider liability coverage, especially if we fly our drones in highly populated areas.
Does My Homeowner’s or Renter’s Policy Include Drone Insurance?
There are some instances, though, on which our homeowner’s or renter’s policies could provide us with the drone insurance that we need. Most of the insurance companies will consider drones we use for recreational purposes as personal property. Under this category, our home insurance might provide coverage in case of damage, lost, and even theft. However, we should check with our insurer first, never assuming it will have coverage.
In the case of drones for commercial use, such as surveillance, broadcasting, and photography, we will need to get another kind of policy. Just like with any kind of coverage, drone insurance for commercial uses could be provided by our insurance company. If not, consulting other insurance companies is always an option. However, if we can’t seem to find any insurance provider, there are other alternatives to find drone insurance.
Where Can I Get Drone Insurance Coverage?
One of the first options we have to find drone insurance is looking for local or state drone flying clubs. Finding a local drone squad to join is not hard. If they don’t offer insurance, they should be able to send us in the right direction. RC plane flying fields might be another option, and they are likely to offer some coverage, especially when using their premises.
There are companies that only offer drone coverage, and they have many different policies that will suit our needs. One of the best drone insurance companies nowadays is the popular Verifly. This insurance app gives you the option of purchasing insurance coverage from 1 hour, to a full year. Their rates depend on the area you’re flying your drone, and whether it is recreational or commercial flying.