The leading from of insurance coverage for drones is through homeowner or renter insurance policies, Only 40% of renters in the U.S. have home insurance policies, which are the main vehicle through which recreational drone users are covered, leaving many uninsured. The average deductible for personal property is $500, which covers popular drones. Coverage depends on the nature of the accident, with some companies offering drone-specific policies to eliminate the variability. Verifly offers on-demand policies for around $10 per hour, in 45 states, through a mobile app.
The leading from of insurance coverage for drones is through homeowner or renter insurance policies, Only 40% of renters in the US have home insurance policies, which are the main vehicle through which recreational drone users are covered, leaving many uninsured. The average deductible for personal property is $500, which covers popular drones. Coverage depends on the nature of the accident, with some companies offering drone-specific policies to eliminate the variability. Verifly offers on-demand policies for around $10 per hour, in 45 states, through a mobile app.