Drone coverage is important when it comes to operating a successful UAV / Drone Business and is often times required by law.
When it comes to insuring your drone business it is important to note that drones fall under the same category as airplanes when it comes to insurance and must have a minimum of $1 Million in liability coverage.
Whether it be a mechanical malfunction, or operator error, things can go wrong when operating a UAV. In many areas drones are not allowed to fly if there is a gathering of 1,000 or more people because of the liaiblity exposure.
It is important to check with the local government in regard to drone insurance requirements when operating your drone commercially.
An insurance coverage that is not required on drones is hull coverage.
Hull coverage offers physical damage coverage on your UAV. Drones can be expensive depending on the model and it is important to prepare for the worst. It is important to note that this coverage can be relatively inexpensive in comparison to UAV liability coverage.
To speak with an agent at Gould today in regard to your Drone insurance needs feel free to give us a call at (386) 734 3970