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July/August  Volume 28, Number 4        

Commercial Drone Insurance is Here

As drones become more useful in commerce, commercial drone insurance is becoming increasingly popular.

Does your business operate a drone? Accidents happen when drones run out of power or when the operator loses control. What if a drone suddenly loses power and hits a building or a car? What if a drone hits some electrical lines causing a blackout, resulting in expensive repair costs? A drone may go out of control and hit a person. Most businesses now require firms doing drone work on their behalf to obtain and provide proof of drone insurance.

Some of the many types of commercial drone applications include:

  • Law Enforcement
  • Power Line or Pipeline Patrol
  • Agriculture and Crop Spraying
  • Surveillance
  • Security
  • Construction
  • Predator Control
  • News Gathering
  • Real Estate
  • Search and Rescue
  • Emergency Response
  • Fire and Rescue
  • Traffic Patrol

A basic drone policy protects unmanned aerial vehicle (UAV) operators against bodily injury claims if you hurt someone with your drone. Property damage coverage is also provided in case your drone causes damage to property not owned by you. You can also purchase physical damage insurance for the drone, which will cover repairs or replacement of the drone and its cameras or equipment, minus any deductibles.

For more information about drone insurance, including how to obtain certificates of drone insurance for your clients, please contact us.

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In this issue:

This Just In...

How Will Driverless Cars Affect Your Business?

How to Control Employee Dishonesty

Do You Need Property Insurance Even If You’re Just Renting?

Commercial Drone Insurance is Here



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