What is the Best and Most Affordable Insurance for My Drone Business?

What is the Best and Most Affordable Insurance for My Drone Business?

🔥Get Your Biggest and Most Common Drone Certificate Questions Answered by claiming our FREE Part 107 Guide NOW! – https://bit.ly/3gAsPBi

Today’s show is about drone insurance.

Buying the right insurance is important for mitigating risk and protecting yourself against personal liabilities. On today’s show, we have Nolan and Chris who need help with purchasing the right insurance for their drone business.
Learn More – www.thedroneu.com/adu1209-insurance-for-drone-business

Download and listen to the audio version of the Ask Drone U podcast, and get your drone and business related questions answered here: http://askdroneu.com/.

Check out our latest Live Classes for Drone Mapping/Operations
| https://thedroneu.clickfunnels.com/all2020trainingevents |

Landing Pads: https://www.thedroneu.com/drone-u-landing-pads/

🔥Drone U Recommended Drones:
Best Travel Drone: https://click.dji.com/ADXzWsLrapRo93aNU2HZ_g?pm=link&as=0001&ch=DUPAAW
Best Video Drone: https://amzn.to/2HnRElC
Best Photography Drone: https://amzn.to/2HjQbg2

🔥Become a Member
Learn why more pilots choose Drone U for learning how to fly and turn your passion into profit. https://www.thedroneu.com/become-a-member/

Subscribe to the podcast on iTunes and, if you don’t mind, leave us a 5-star review while you’re there: https://itunes.apple.com/us/podcast/ask-drone-u/id967352832.

🔥Follow us:
Site – http://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

Drone Mapping Guide – https://www.thedroneu.com/what-is-drone-mapping-software/

Timestamps:
01:11 – Don’t forget to check out our drone insurance guide
03:05 – Today’s question is about buying the best and most affordable drone insurance
04:44 – Will going through a broker prove to be beneficial for you?
06:45 – Important topics that we cover in today’s show
09:23 – What are the benefits of buying whole insurance?
12:31 – Back to the basics – what is general liability insurance?
14:13 – Mitigating risk and personal liabilities
15:13 – Why it’s better to purchase a separate homeowner’s policy
17:50 – How do insurance companies calculate coverage
20:15 – Is it mandatory to buy a worker’s compensation policy if you’re hiring contractors?
23:58 – Are drones covered under a blanket coverage policy?
24:48 – Is DJI Care Refresh a good option for you?
27:08 – Staying compliant
29:58 – Is your drone still covered if you hack it?

9 Comments

  1. Travis Skeans on July 17, 2022 at 7:38 pm

    You think it’s possible to start a drone business in 2021-2022

  2. Jersey Shore Drone Services on July 17, 2022 at 7:46 pm

    So basically I think they’re suggesting three policies. General liability for the business, errors and omissions and a drone specific liability insurance like Skywatch plus hull coverage

  3. Snipers Corner on July 17, 2022 at 7:47 pm

    TO MUCH GAB GAB

  4. Richard Norris on July 17, 2022 at 7:50 pm

    Great information! Thank you

  5. Matt Bouvet Network on July 17, 2022 at 8:00 pm

    thanks for doing this video guys. incredibly helpful

  6. iAMhonka on July 17, 2022 at 8:02 pm

    What do you mean by drones that don’t comply with part 107? As in they’re over 55lbs?
    Also what catastrophic accident are you referring to? I know that there were allegedly two sUAS+manned aircraft crashes in US and Canada this month, but as far as I can tell nobody got injured or died.

  7. Richard Norris on July 17, 2022 at 8:07 pm

    Great info! Thanks

  8. Sky Horse Tech on July 17, 2022 at 8:07 pm

    As the all wise Wu Tang Clan once proclaimed, Protect Ya Neck, get an LLC.

  9. Trent Barnes on July 17, 2022 at 8:18 pm

    Really enjoying these discussions. Very useful information!

Leave a Comment