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ADU 1341: What factors should pilots consider when getting Drone Insurance?

ADU 1341: What factors should pilots consider when getting Drone Insurance?

FromAsk Drone U


ADU 1341: What factors should pilots consider when getting Drone Insurance?

FromAsk Drone U

ratings:
Length:
20 minutes
Released:
Feb 1, 2024
Format:
Podcast episode

Description

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?
Released:
Feb 1, 2024
Format:
Podcast episode

Titles in the series (100)

We’re Drone U, a group of guys who have turned their passion for flight into a profitable business. We love hearing from our fans, and we love helping by answering their questions. That’s why we started the Ask Drone U podcast in 2015. Since then, we are one of the largest, most popular DAILY drone podcasts out there. Each episode features an actual question submitted from someone just like you! We wish we could answer everyone’s question(s), but we’ll do our best to get through as many of them as we can. So plug in those headphones because it’s time to learn together about everything drone: FAA, insurance, business strategies, videography, drone tips, flight techniques, drone tricks, expert advice, cameras, gimbals, and so much more. #askdroneu