What kind of insurance do you need for a drone?

Commercial Drone Liability Insurance: Commercial general liability insurance will protect your company from expenses associated with accidental bodily injuries or property damage caused to third parties while operating your drones. In general, liability limits usually start at $500,000.

Can you get insurance for your drone?

Certainly, you will probably want to insure the drone itself. Camera and drone insurance is available and is called Drone Hull insurance. It will provide coverage for your drone if it is damaged while being used for business. But, for fire or theft, you will want to have a Commercial Property policy.

Do you need drone liability insurance?

If you live in the United States, drone insurance is not currently required by the Federal Aviation Administration (FAA) for either recreational or commercial drone use. Buying drone insurance doesn’t cost much and offers all kinds of peace-of-mind!

When must you have insurance to fly a drone?

If your drone or model aircraft is 20kg or more, you must always have third party insurance, no matter what you use your aircraft for.

How much does drone insurance cost?

Drone Insurance Costs. There are two ways you can purchase drone liability insurance: annually or a la carte with an hourly policy for as little as $10 per hour. Commercial drone insurance costs vary widely based on location, use, population, and hazards in the area.

Who needs drone insurance?

Some Clients Demand Drone Insurance. Even if your chances of having an accident are remote, some clients, particularly large corporate clients in real estate, education, law enforcement, or oil and gas, require any drone pilots they hire to have drone insurance.

Is your drone covered by insurance?

The good news is that most insurance company policy wordings would cover a drone in the same way that they would cover your personal property or contents. Depending on your specific insurer, you may not have to pay any additional amount to cover your drone.

What type of drone insurance do I Need?

There are two main types of drone insurance: liability insurance and hull insurance. Depending on your industry and how you use drones, you may also need other types of insurance such as payload insurance, ground equipment insurance and non-owned insurance.