May 5, 2020
The process of acquiring insurance coverage for your drone involves assessing the type of aircraft you want to insure, as well as defining the purposes in which you utilize your drone. Do you own the aircraft, but want to hire someone else to operate it? Are you using your drone simply for fun or as a hobby? Have you considered purchasing a drone for your business and using it for profit?
No matter the use, here’s what you’ll need to know about getting the right coverage for your aircraft:
Insuring a Drone for Personal Use
Whether you received your drone as a gift or you decided to start a new hobby and purchased one yourself, it’s important to consider how to keep the drone and yourself protected if an accident occurs. Personal drones that are used for recreational activities are often covered under homeowners or renters insurance, and may not require a separate policy.
Under traditional insurance plans, this electronic device is considered a hobby or model aircraft, which allows it to fall under ‘personal property’ in relation to coverage. If you end up using your personal drone for business or commercial purposes as well, whether you plan on hiring a drone operator or using the aircraft for financial gain, you should consider getting insurance coverage for your drone.
A Carroll County drone insurance agent can help you determine whether you need a separate policy for your drone or if it is covered under your existing insurance policy.
Insuring a Drone for Commercial Use
Commercial drones are those utilized for business purposes or other financial gain. Common uses for drones falling under this category include:
- Aerial surveillance
- Real estate photography
- Videography for a business
- Roofing or structural inspections
- Land surveying and mapping
- Construction
- Emergency management
The types of coverage available for commercial drones include coverage for physical damage, general liability coverage, non-owned drone coverage, inland marine coverage, pilots accident coverage, products liability coverage, and more. The specifics of how you use your drone – or a drone owned by someone else – will determine which types of coverage are applicable and should be included in your policy.
To get a better idea of whether or not your drone may be considered a commercial or business asset, reach out to your local Carroll County drone insurance agent.
Get Drone Insurance Coverage Today
Acquiring drone insurance coverage for your aircraft is simple when you work with the agents at American Heritage Insurance Agency. We stay up-to-date on drone technology and can offer you a comprehensive plan for your aircraft that will help you best protect your investment. Contact us today to get started.
