Drone insurance.

I2 solutions · Nov 6, 2015

Hello all, I am new here and this is my first post. I recently purchased a phantom 3 professional and use it for commercial business. I went to my insurance agent and found out that I can insure the whole package including the case and extra materials for $2000 with a $100 deductible and it would only cost me $50 per year. The insurance policy covers anything that may happen as a result of me flying this thing around buildings, over water, or the unlikely lightning strike to name a few! I also have inquired about a separate policy for the liability insurance that would cover any damage to property or injury caused by the drone. Haven't got the quote back on the liability insurance but that is an absolute must at this point. My question is has anyone else found any comparable insurance for these things?

Thanks.
I2s Inc.

tcope · Nov 6, 2015

If you look below you will see threads where this has been discussed already.

I2 solutions · Nov 6, 2015

Got it. Thanks.

flyguyphl · Nov 8, 2015

What was the insurance company that was $50 a year?

bradrun · Nov 9, 2015

Yes I would like to know as well why is offering that or other company's that offer it for none Comercial use

kenjancef · Nov 9, 2015

Do you have the 333 Exemption?

bradrun · Nov 9, 2015

Nope I only use it for personal use

kenjancef · Nov 9, 2015

bradrun said:
Nope I only use it for personal use

Sorry, I meant that for the OP. Should have quoted it. Sorry....

kenjancef · Nov 9, 2015

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I2 solutions said:

Hello all, I am new here and this is my first post. I recently purchased a phantom 3 professional and use it for commercial business. I went to my insurance agent and found out that I can insure the whole package including the case and extra materials for $2000 with a $100 deductible and it would only cost me $50 per year. The insurance policy covers anything that may happen as a result of me flying this thing around buildings, over water, or the unlikely lightning strike to name a few! I also have inquired about a separate policy for the liability insurance that would cover any damage to property or injury caused by the drone. Haven't got the quote back on the liability insurance but that is an absolute must at this point. My question is has anyone else found any comparable insurance for these things?

Thanks.
I2s Inc.

Click to expand...

Do you have the 333 Exemption?

Buckaye · Nov 9, 2015

My experience is... if you look at the fine print - there are several "out" clauses that means when you go to make a claim, they will likely turn you down. You might be lucky and be the one who's found someone dumb enough to insure these things against accidental damage... but I am willing to bet if you posted the language here - there would be a loop-hole.

As someone mentioned before - there's been a lot of threads about this over time - most end in sadness