Flock also considers local topography, such as proximity to churches, hospitals and schools, as well as roads and traffic levels. Data-collecting companies have teamed up with insurers to offer on-demand coverage for drones, potentially paving the way for similar products to be offered for other insurable assets. Firms like Flock make use of weather patterns, aeroplane movements and local topography to help insurers devise coverage that drone users can access on a flight-by-flight basis. The insurance industry is also looking at how drones could affect its business in future.
Data-collecting companies have teamed up with insurers to offer on-demand coverage for drones, potentially paving the way for similar products to be offered for other insurable assets. Firms like Flock make use of weather patterns, aeroplane movements and local topography to help insurers devise coverage that drone users can access on a flight-by-flight basis. The insurance industry is also looking at how drones could affect its business in future.