Ride , the first company to offer on - demand drone insurance has offices in 40 states across the US . With a mobile app advising users of real - time potential hazards in the area , it offers drone insurance starting from $ 10 per hour . Users of the app can get instant approval insuring the drone for the flight 's duration , negating the need for an annual fee . The company was started by co - founder and former CEO of the ride hailing company Ride , Jay Bregman .
Verifly, the first company to offer on-demand drone insurance has launched in 40 states across the US. With a mobile app advising users of real-time potential hazards in the area, Verifly offers drone insurance starting from $10 per hour. Users of the app can get instant approval insuring the drone for the flight's duration, negating the need for an annual policy. The company was started by co-founder and former CEO of the ride hailing app Hailo, Jay Bregman.