Dronelost.com – Do you love flying drones? Whether you use them for fun, for work, or for both, you know how amazing they are. But flying drones also comes with some risks. You never know when your drone might crash, damage property, injure someone, or get lost. That’s why you need drone insurance.
Drone insurance is a type of insurance that covers you in case of an accident involving your drone. It can protect you from paying out of pocket for repairs, replacements, medical bills, lawsuits, and more. It can also give you peace of mind and confidence when you fly your drone.
But how do you find the best drone insurance for your needs? There are many factors to consider, such as the type of drone, the purpose of flying, the coverage options, the cost, and the reputation of the insurance company.
To help you make an informed decision, we have researched and compared the top drone insurance providers in the US and selected the best ones based on their features, benefits, and customer reviews.
Best Drone Insurance Providers
It’s important to have drone insurance, which can protect you from financial losses and legal liabilities in case of an accident. Here are our picks for the best drone insurance providers.
1. BWI Fly
BWI Fly is our top choice for drone insurance because it offers high coverage limits, annual plans, and customizable policies. BWI Fly has been providing aviation insurance since 1977 and has partnered with A+ rated insurance companies to offer drone insurance.
You can get liability coverage up to $25 million, which is higher than most competitors. You can also get hull coverage for physical damage to your drone, as well as payload coverage for your attached equipment, such as cameras, sensors, and lasers.
BWI Fly offers annual plans that let you fly your drone all year long without worrying about renewing your policy. You can also tailor your policy to your specific needs, such as adding medical expense coverage, personal and advertising injury coverage, and non-owned drone coverage.
BWI Fly has a user-friendly website where you can get a quote, purchase a policy, and manage your account online. You can also contact their customer service team by phone, email, or chat for any questions or claims.
2. SkyWatch.AI
SkyWatch.AI is our second choice for drone insurance because it offers flexibility, affordability, and safety features. SkyWatch.AI is a digital platform that uses artificial intelligence and big data to provide drone insurance.
You can choose between monthly plans or on-demand plans that let you pay by the hour. You can also adjust your coverage limits and deductibles according to your budget and risk level. SkyWatch.AI offers liability coverage up to $10 million, as well as hull coverage for your drone and payload.
SkyWatch.AI also has a unique feature called the SkyWatch Safety Score, which measures your flying behavior and rewards you with lower rates and discounts if you fly safely. You can access SkyWatch.AI through their mobile app or web app, where you can get a quote, buy a policy, and file a claim in minutes. You can also use their app to plan your flights, check the weather, and monitor your drone’s battery and GPS.
3. Thimble
Thimble is our third choice for drone insurance because it offers convenience, simplicity, and transparency. Thimble is an online platform that provides short-term insurance for various types of businesses, including drone operators.
You can get liability coverage up to $1 million, as well as hull coverage for your drone. Thimble offers on-demand plans that let you pay by the hour, day, or month. You can also pause or cancel your policy anytime without any fees.
Thimble has a straightforward website where you can get a quote, purchase a policy, and download your certificate of insurance in less than a minute. You can also use their app to manage your policy, add additional insureds, and access your documents. Thimble has a clear and honest pricing policy, which shows you the breakdown of your premium, taxes, and fees before you buy.
4. DroneInsurance.com
DroneInsurance.com is our fourth choice for drone insurance because it offers international coverage, comprehensive options, and smart features. DroneInsurance.com is a global platform that provides drone insurance in over 200 countries and territories.
You can get liability coverage up to $25 million, as well as hull coverage for your drone and payload. DroneInsurance.com offers base plans that cover your drone while it’s on the ground, and flight plans that cover your drone while it’s in the air.
You can choose between annual plans or on-demand plans that let you pay by the day. You can also add optional coverages, such as ground equipment coverage, cyber liability coverage, and invasion of privacy coverage.
DroneInsurance.com has a modern website where you can get a quote, purchase a policy, and view your coverage map online. You can also use their app to activate your flight plans, track your flights, and access your documents.
5. Avion Drone Insurance
Avion Drone Insurance is our fifth choice for drone insurance because it offers specialized coverage, competitive rates, and excellent service. Avion Drone Insurance is a division of Avion Insurance, which has been providing aviation insurance since 1986.
Avion Drone Insurance focuses on providing drone insurance for weddings and events, such as concerts, festivals, and sports. You can get liability coverage up to $10 million, as well as hull coverage for your drone and payload.
Avion Drone Insurance offers annual plans that cover your drone for unlimited flights and events. You can also get additional coverages, such as non-owned drone coverage, hired drone coverage, and hired car coverage.
Avion Drone Insurance has a professional website where you can get a quote, purchase a policy, and submit a claim online. You can also contact their experienced agents by phone, email, or fax for any assistance or advice.
Tips To Choose The Best Insurance
Here are some tips to choose the best insurance for your needs:
- Compare premium rates and benefits offered by various insurers. While affordability is crucial, don’t solely base your decision on the lowest premium. Evaluate the coverage provided for the premium amount. Look for additional features like riders or add-ons that complement your needs.
- Check the financial strength and claim settlement ratio of the insurance company. You want to choose a company that has a solid reputation and a high percentage of claims paid. You can use online tools or ratings agencies to check these factors.
- Choose the type of plan that suits your preferences and lifestyle. There are different types of health insurance plans, such as HMOs, PPOs, EPOs, and POS plans. Each one has its own advantages and disadvantages, such as network size, out-of-pocket costs, referrals, and flexibility. You should understand the differences and choose the one that meets your needs.
- Consider your health needs and medical history. You should look for a plan that covers the services and treatments that you use or may need in the future. For example, if you have a chronic condition, you may want a plan that covers prescription drugs, specialist visits, and preventive care. If you are healthy and rarely see a doctor, you may want a plan that has a lower premium and a higher deductible.
- Review the plan details and exclusions carefully. You should read the policy document and understand what is covered and what is not. You should also look for any limitations, restrictions, or exclusions that may affect your coverage. For example, some plans may not cover pre-existing conditions, maternity care, or dental care. You should also check the co-payment, co-insurance, and deductible amounts that you have to pay.
- Ask for recommendations and feedback from others. You can consult your friends, family, or colleagues who have similar insurance needs and ask them about their experiences with different companies and plans. You can also read online reviews and ratings from other customers and experts. However, you should be careful and critical when evaluating these sources, as they may not be accurate or relevant to your situation.
- Shop around and compare multiple options before making a decision. You should not settle for the first plan or company that you find. You should compare at least three to five options and weigh the pros and cons of each one. You should also look for discounts, offers, or incentives that may lower your premium or enhance your coverage. You can use online tools or brokers to help you with this process
Drone insurance is a must-have for any drone operator, whether you fly for fun or for work. Drone insurance can protect you from financial losses and legal liabilities in case of an accident involving your drone.
However, not all drone insurance providers are the same. You need to compare their features, benefits, and customer reviews to find the best one for your needs. We hope that our list of the best drone insurance providers has helped you narrow down your options and make an informed choice.