How should pilots go about getting insurance? What are the options available to reduce the different liabilities?

On today's episode we discuss about liabilities and drone insurance and the many options and their benefits available to drone pilots.

Today's question is from Jill, Drone U member and valuable contributor to the Drone U community. Jill would like to know about drone insurance options, the providers in the business, the different options in drone insurance and what are the best ways drone pilots can make best decisions when getting drone insurance.

Thanks for the question, Jill. In today's episode we discuss about the companies in the US that provide drone insurance and the options available to pilots. We discuss common providers and what features are offered by these companies. We touch upon the fact the largest and possibly the most common provider of drone insurance and if additional options to pilots actually helps pilots/industry. We then discuss into the types of insurance available and if pilots are better off purchasing an annual insurance vs a daily or per flight insurance and why this is so.

We then discuss options such as blanket policy for drone insurance, hull insurance and if pilots need a general insurance for their drone business and equipment.

Tune in today to know more about drone insurance and how drone pilots can reduce their liabilities while running their drone business !!

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Timestamps:

[01:03] Is there a monopoly for Drone Insurance?

[03:32] Today's question on insurance and liability, prices, companies

[04:48] How many companies are involved in Drone Insurance?

[06:25] Should pilots go per flight or daily or annual insurance options? What are the benefits?

[12:58] Is there a blanket policy for all drones? Learn about hull insurance

[15:33] Should pilots have a general insurance policy? What other liabilities should pilots cover?