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You might have succumbed to the lure of a drone as holiday gi and purchased one for your family. However, what about the liability and the insurance side of this purchase?
Before you spend any more money
on your drone, here’s some essen al informa on to help drone owners get the most insurance coverage for the best price.
Do I Need Insurance for a Drone? What are the Risks?
Although we might think of drones as super cool fun toys, the reality is that drones, some mes referred to as Unmanned Aerial Vehicles (UAVs) and Unmanned Aerial Systems (UAS), are far more sophis cated than your average “toy”. The FAA classi es most of them as aircra , and depending on how your home insurance is interpre ng your use, as well as their comfort level with quadcopters and drones, you may or may not have coverage under the personal liability protec on in your homeowner policy: see this ar cle. The good news is, as you read on, you’ll see that you have a lot of op ons if your home insurer does not agree to insure the liability of your drone, and it doesn’t have to cost you a lot of money.
What Coverage Is Included In Your Home Insurance For Drones?
In the same way you did some research about your drone before you purchased it and asked a lot of ques ons to make sure you were ge ng the best drone, you will want to nd out all the details on how you are protected by your home insurance, renter insurance, or condo insurance for your drone.