8/31/2023 0 Comments Dji drone insurance![]() The precise details of what types of damage or liability is covered will depend on which company you purchase insurance from. ![]() For lower priced drones, it may not be worth the cost to pay for insurance, but if you’re flying expensive equipment, having insurance coverage could save you a ton in the long run if you should happen to crash. The exact coverage details will depend on your policy, so be sure to read the fine print. This could be damage resulting from a crash or flyaway, or even water loss. Hull or physical damage insurance provides coverage for damage to the drone itself. The most common level of protection purchased by drone operators is a $1,000,000 liability limit, although policies can also start at a $500,000 limit, or can go up to $10,000,000 or even $25,000,000. ![]() Policies will typically cover bodily injury and property damage. Liability insurance will cover damages caused to third parties as a result of drone related incidents. ![]() In a litigious society, it’s important to protect yourself from lawsuits in the unfortunate case of an operation that results in damage to property or harm to individuals. Two main basic types of drone insurance coverage: Liability Coverage and Physical Damage Coverage. Also important, though perhaps less so, is Drone Hull Coverage, also commonly referred to as Physical Damage Coverage. The most commonly purchased, and perhaps the most important type to have is Liability Coverage. There are two main basic types of drone insurance coverage. » Looking for what to charge for your drone services? Skip ahead to find out the commonly used rates. Let’s take a look at what exactly drone insurance is, why you may need it, and some of the variables affect how much it costs. Of course there are a ton of variables that will affect the price you pay, and your situation will dictate whether you need to buy insurance by the day, month or year. The same coverage for an annual policy will cost around $500-$750 per year. If you need $1,000,000 liability coverage for just one month, plan to pay $60-$100 for a 30 day policy. But just how much is it going to cost?įor a one time flight, you can purchase drone insurance by the day for about $30-$40 per day. And if you’re a professional drone pilot, drone insurance should be the first thing you buy, after your drone of course. There are quite a few things that could go wrong, not least of which includes damage to property or even harm to individuals.Ī good drone insurance policy is a great way to protect yourself from the cost of these eventualities. But even though drones are relatively safe when flown with care and caution, there is still a certain level of risk associated with the operation of a drone. Influential Drones through its FAA Certified Flight Instructor provides Part 61 flight training.Purchasing drone insurance might seem like an unnecessary cost if you’re just a hobbyist. Specializing in 24-hour commercial flight operations using drones and airplanes, the company is a recognized Industry Member with the FAA Safety Team. Influential Drones is an equipment sales, drone training and aerial services company providing nationwide support to public entities and private businesses. To expedite the return process, select the "Express Option" for an additional fee.Īfter receiving your damaged product, DJI repair center would skip the damage assessment and quotation process, then ship a replacement product to you as soon as possible! The products coverage period is based on the purchase date of the DJI Care plan and the warranty of the product or related components. When the policy includes coverage for a specific aircraft, should it fly away, your covered! The replacement units are brand-new products or equivalent to as-new condition.įlyaway Coverage is only available for select DJI products. Coverage can not be transferred to other aircraft.Īccidental damage is covered by the replacement service, including collisions, water damage, crashes, natural wear and other accidental damage. Coverage is specific to the air frame and bound to the serial number. Add-on coverage is intended to be purchased with the equipment when it is new. Covers crashes, water damage, natural wear, and other accidental damage. DJI Care Refresh is a add-on coverage comprehensive warranty policy that will give you a peace of mind.
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