{"id":4839,"date":"2022-01-25T05:39:45","date_gmt":"2022-01-25T05:39:45","guid":{"rendered":"http:\/\/bestdroneforthejob.com\/?p=4839"},"modified":"2022-01-28T14:29:41","modified_gmt":"2022-01-28T14:29:41","slug":"drone-insurance-cost","status":"publish","type":"post","link":"https:\/\/bestdroneforthejob.com\/blog\/drone-insurance-cost\/","title":{"rendered":"How Much Does a Drone Insurance Cost? (2022 Update)"},"content":{"rendered":"

Drone insurance is no longer a fringe idea. Any serious UAV operator<\/a> now considers it a necessity.<\/p>\n

Part 107 regulations don\u2019t require you to have coverage, but doing so helps you to handle any unexpected circumstances much better, and increases your chances of landing gigs<\/p>\n

Drone insurance was at first shunned by the big traditional insurers, who assumed it would remain a small niche segment.<\/strong> But most of them now offer drone insurance policies.<\/p>\n

Commercial insurance policies for drones such as the DJI Phantom 4 ranges from $500-$750 per year.<\/strong> Actual costs are subject to various factors.<\/p>\n


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What Factors Determine Drone Insurance Cost?<\/strong><\/h2>\n

\"consumer<\/a><\/p>\n

As the UAVs keep growing from a hobbyist\u2019s obsession to a mature industry, it\u2019s becoming easier to determine insurance costs. These are influenced by factors such as:<\/strong><\/p>\n