Why commercial drone insurance? For all the risks

Many businesses are using drones as a tool for business growth and service. Drones are often referred to as unmanned aerial vehicles (UAVs), as well as remotely piloted aerial systems. These drones are used for military defense, firefighting, photo and imaging, surveillance, communications, agriculture, and delivery of food, medicine, and other purposes. In recent years, commercial interest in the use of drones is increasing.

Although there are so many benefits that drones can bring to the business and non-profit communities, it is undeniable that the risks are there. The insurance industry has planned coverages for major exposures including:

• Physical damage

• Overall responsibility

• general responsibility of commercial aviation

• non-ownership aviation liability

Some of the main risks related to the use of drones include the following:

• A drone accident or collision with a human-operated aircraft in the air

• Damage resulting from a collision with foreign objects, such as flying birds, trees, utility poles, taller buildings

• When a drone loses control as a result of a system malfunction, flying out of signal range, or flying in a place with no communication

• Malicious acts that target critical infrastructure and cause related loss and damage

• Cyber ​​attacks, including spoofing or hacking, used radio signals to get the drone to drop or gain control of the hacker or for the purpose of stealing data.

• Battery power interruption

• Privacy violation, trespassing, and nuisance as set forth by the Federal Aviation Administration on behalf of the public

• When piloting and operating skills are not up to the mark of safety and efficiency when

Drone Protection Insurance coverage is now available for the following industries listed below:

• Agriculture, livestock

• Construction, Reforms

• General Contractors

• Hospitality (hotels, motels, inns, etc.)

• Private investigators

• Home inspectors

• Manufacturers of drones and associated products

• Photographers

• Real estate

• Schools and universities

• Parties and special events

• Educators and drone training providers, flight schools, universities, colleges

• Suppliers and distributors of drones

• Drone repair and service centers

Insurance evaluation is generally based on a number of variables, such as:

• Value of drones, as well as the equipment that accompanies it.

• Distance and flight capabilities

• Airspace that flies with drones

• Storage site

• Type of load

• Characteristics of drones

• Specific design of operations

For more information on commercial drone insurance, contact an experienced independent agent. Through its extensive network of subscribers, you will be able to identify individual exposure and customize a comprehensive business plan that will protect you and your business from related hazards and perils, at competitively lower rates.

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