{"id":2854,"date":"2018-09-10T09:26:41","date_gmt":"2018-09-10T09:26:41","guid":{"rendered":"http:\/\/bestdroneforthejob.com\/?p=2854"},"modified":"2019-02-16T19:56:52","modified_gmt":"2019-02-16T19:56:52","slug":"drone-insurance-faqs","status":"publish","type":"post","link":"https:\/\/bestdroneforthejob.com\/blog\/drone-insurance-faqs\/","title":{"rendered":"Frequently Asked Questions About Hobby and Commercial Drone Insurance"},"content":{"rendered":"
Wondering whether you need insurance for your hobby drone? How much commercial drone insurance costs? Whether you need liability insurance? <\/p>\n
Below are quick answers to some of the most common questions about drone insurance. If you have a question not covered below, feel free to ask in the comments. <\/p>\n
No. The FAA has no such requirement even for commercial fliers. <\/p>\n
But if you are in Canada, things are different. Canadian law<\/a> requires commercial drone fliers to take out liability insurance of at least $100,000. <\/p>\n But simply because the FAA does not deem insurance necessary doesn\u2019t mean that you don\u2019t need it. This is especially the case for commercial drones. <\/p>\n Some clients will only hire drone operators with valid liability insurance. <\/p>\n Insurance also protects your expensive drone and covers your ass in case of anything. <\/p>\n There are two main types of drone insurance<\/a>: liability insurance and hull insurance. <\/p>\n Liability insurance is the most basic type of insurance that all serious drone owners should have.<\/p>\n It covers you against financial claims from third parties arising from property damage or injuries caused by your drone. <\/p>\n It\u2019s a lot like car liability insurance. <\/p>\n Hull insurance covers the drone itself against accidental damage. <\/p>\n You probably need both types of insurance especially if you are flying commercially. <\/p>\n Depending on your situation, you may also need additional types of insurance such as Payload insurance for any on-board equipment, ground-equipment insurance and non-owned insurance. <\/p>\n Drone insurance may feel too expensive and unnecessary when you just occasionally fly your drone as a hobby. <\/p>\n In such a situation, check whether the manufacturer sells an extended warranty to cover against damage to the drone. <\/p>\n If you are buying a DJI drone, I highly recommend you get either DJI Care or DJI Care Refresh<\/a>. <\/p>\n As for liability insurance, get it if you fly often in areas where you are likely to cause damage or injuries. <\/p>\n Annual liability insurance policies can be quite expensive if you don\u2019t use your drone regularly. <\/p>\n Thankfully, there\u2019s a cheaper and more convenient alternative \u2013 Verifly<\/a>. <\/p>\n Let\u2019s say you get occasional real estate photography gigs. Instead of paying hundreds of dollars per year in liability insurance that you don\u2019t fully use, you only pay for coverage when you need it.<\/p>\n <\/p>\n Verifly sells liability insurance coverage on demand. You pay as little as $10 an hour. They have packages for 1 hour, 4 hours and 8 hours. <\/p>\nWhat Kind of Drone Insurance Do I Need?<\/h2>\n
I Fly a Drone for Fun. Do I Really Need Insurance?<\/h2>\n
Do I Have to Get an Annual Liability Insurance Policy?<\/h2>\n