Drone insurance - why is better to have it
Drones are becoming one very popular purchase since they can be used for many interesting tasks and hobbies. At the same time, they are becoming smarter and more advanced than ever. However, accidents always happen. That’s why it is a good idea to have drone insurance and today we are going to tell you more about that.
Why is it better to have drone insurance?
Drone insurance will give you financial safety in case something bad happens with your drone. This may include both damage to your drone and injury to a person. We all know that dangerous situations may appear while flying a drone, and that’s why we should always be prepared.
If you are a drone pilot who is doing it just for fun, the insurance will give you the safety that if you damage your machine you will get it back fixed. Let’s say you are a beginner and you have a cheap drone that costs less than 500 dollars, then you do not need to buy insurance, since you may get a new one for the money. However, if your drone is expensive, then you definitely prefer to get insurance. When we compare the costs of drone insurance to the costs of getting a new, expensive drone, we can be sure that it is the right decision.
If you are using your drone as part of your business, for photography or videography, then you are definitely using an expensive drone, which you need for making a profit. There are some jobs that may be dangerous for your drone, and in case of damage, you may have to pay a lot of money. That’s why drone insurance is a good idea.
Types of drone insurance
There are different types of drone insurance that you can get based on your needs and your budget. If you are looking for an affordable option, you can get one, but it will definitely cover less than the expensive one. Here are some of the main options:
- Drone hull insurance- this is a basic option that every drone pilot should have. It covers any costs that may be associated with repairing or replacing your drone. The cost of this option will be based on the value of your machine.
- Payload insurance- this insurance is mostly used by professionals that need their drones for commercial use. The payload option ensures expensive pieces of equipment too. Again its price is based on the value of the machine.
- Liability insurance- this option is considered to be extremely important. It will cover any financial expenses that are connected with an event or situation you have been included in. This means that if you damage property, or if you injure a person this option will cover the costs. Of course, if you want this type of insurance you will have to pay a lot of money, but it is worth it.
In conclusion, we can say that having drone insurance is always a good idea since dangerous situations are always unpredictable and can happen to the best drone pilots too. We wish you good luck!