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

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 !! Get Your Biggest and Most Common Drone Certificate Questions Answered by Downloading this FREE Part 107 PDF Make sure to get yourself the all-new Drone U landing pad! Get your questions answered: https://thedroneu.com/. If you enjoy the show, the #1 thing you can do to help us out is to subscribe to it on iTunes. Can we ask you to do that for us real quick? While you’re there, leave us a 5-star review, if you’re inclined to do so. Thanks! https://itunes.apple.com/us/podcast/ask-drone-u/id967352832. Become a Drone U Member. Access to over 30 courses, great resources, and our incredible community. Follow Us Site – https://thedroneu.com/ Facebook – https://www.facebook.com/droneu Instagram – https://instagram.com/thedroneu/ Twitter – https://twitter.com/thedroneu YouTube – https://www.youtube.com/c/droneu 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?