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You will receive a coverage amount equal to the market price of your drone for repair service within the validity period - there is no limit to the number of times your drone can be repaired, provided the total coverage amount is not exceeded.
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Of course, there are varying degrees of liability insurance, so make sure to consult your specific policy’s fine print to see if things like negligence or privacy infringement claims would be covered. You can think about liability insurance like you would with typical car insurance - the policy protects you from third-party claims of property damage or injury, like accidentally crashing your drone into a building, someone else’s car, or an even more unfortunate incident where you’re getting sued to cover someone else’s medical costs. The two most common types of drone insurance are: I. Scroll down this page or use the Table of Contents to navigate each of the chapters. Types of Drone Insurance (Liability, Hull, etc.).In our step-by-step guide to drone insurance, we’ll cover: If you’re simply flying a toy drone (less than $300 USD) for fun in your backyard or at a local model aircraft field, you might not necessarily need to purchase a $1 million liability drone insurance policy!īut if you’re conducting business, flying on behalf of your company, or flying for some other kind of non-recreational purpose where another stakeholder might be involved, buying drone insurance is a smart move.īefore we dive in, if you’re looking for drone insurance in the U.S., where you’re paying as little as $7 per hour to $350 per year for $1 million in liability coverage, then check out our partner SkyWatch.ai - they’re the leading on-demand drone insurance company in the U.S. the unfortunate reality is that accidents can still happen.ĭrone insurance isn’t a good fit for everyone.
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We also manage a FAA Part 107 test prep and training course to help you prepare for your written test.īut at the end of the day, despite how proficient you are as a pilot, and despite the fact that you’ve made all best practice attempts to manage risk - for example, using a visual observer, securing appropriate airspace authorizations, building and following a pre-flight checklist, etc. and need to get your FAA Part 107 License? Check out our step-by-step drone certification guide to learn more about what’s required.
#HOBBY DRONE INSURANCE HOW TO#
One of your jobs as a drone pilot is to manage risk.Īnd with proper training and lots (and lots and lots) of mission-specific practice and field exercises, you’ll learn how to safely fly your drone.įlying your drone in the U.S. Drone Insurance: A Step-by-Step Guide to Liability & Drone Hull Insurance
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