How much are drone pilots paying for insurance?
While there’s no law that mandates you to buy insurance if you operate drones in the US, having it is the smart, and right, thing to do. Drone incidents can happen because of multiple reasons – hardware malfunction, pilot error, or even factors beyond your control – and they can carry significant liability risks. So, an insurance policy is definitely a worthwhile investment, but how much should you spend for coverage?
SkyWatch, which provides on-demand insurance to commercial drone pilots and hobbyists alike, explains that the answer often depends on what you need your insurance for.
If you’re someone who’s just got a new drone and is looking to fly it recreationally, you can get a policy for less than $50 a month, or even lower if purchased by the hour. This will give you up to $500K in coverage across the US, as well as peace of mind, which is priceless.
On the other hand, if you’re a real estate photographer or cover weddings with your drone, or…