7 Reasons to Consider Drone Insurance

| December 19, 2015

Drones are becoming extremely popular and many people are buying them for recreation and fun. However, a drone may end up getting you into trouble and it could cost you a lot more than you think. Here are 7 good reasons to make sure your drone is fully insured before it takes to the air above your neighborhood.

1. You could lose control of your drone and it may crash into a neighbor's car or house.
Suppose you are flying the drone in the neighborhood and a bird runs into it. The collision could easily cause it to run into someone's private property. Although drones are not heavy they can still cause damage if they go through a window and destroy things inside the home like lamps or expensive antiques. If this happens, you are responsible for the damages.

2. Someone may consider your drone to be an invasion of privacy.
Drones can be used for surveillance and not everyone in the area may be happy about this. For example, your drone may fly over a neighbor's yard or swimming pool and take images of people in compromising or embarrassing situations. If this were to happen, you could be sued for causing someone emotional distress or a damaged reputation. However, if you had the foresight to take out an umbrella liability insurance policy (which covered drone incidents) you might be covered for the damages and not have to worry about a lawsuit and legal fees.

3. Your homeowner insurance policy may not cover drones or recreational flying toys.
You might believe you are covered, but it is very important to check with your insurance agent. You can read your policy over, but a good insurance agent is like an interpreter who guides you through the maze of legal language and terms of your policy. This is the only way to be certain you have the right coverage in place.

4. Your homeowner policy may insure drones but the coverage could be limited.
You should discuss the liability issues associated with drones with an experienced insurance professional.

5. A drone may accidentally interfere with power transfer stations.
Your flying aircraft may become entangled in power lines, resulting in power failures and this can cause homes and businesses a great deal of losses.

6. Small flying aircraft may land on streets or highways and can be the cause of major traffic accidents. This can result in extensive damages. Unless you have the right kind of liability insurance in place, your financial future could be at risk.

7. Your unmanned aircraft may break current laws and regulations concerning private drone flying, without your knowledge.
Things can sometimes go wrong and most areas have specific laws about how high and far you can fly your drone. If a glitch occurs and your drone gets way off course, there is no telling what kind of problems and damages can result. Because the unexpected never happens when you are thinking about it, you should have drone insurance that covers all your needs, and this will provide much needed peace of mind for you and your family.