Dronelost.com – Drones are becoming more popular and accessible than ever before. Whether you use them for recreation, photography, or business, you need to protect your investment and yourself from potential risks. That’s why you need drone insurance.
But not all drone insurance policies are created equal. Some may have high deductibles, low coverage limits, or limited availability. Others may not cover commercial use, liability, or equipment damage. How can you find the best drone insurance for your needs?
One option you may want to consider is State Farm drone insurance. State Farm is one of the largest and most trusted insurance companies in the US, and it offers drone insurance under its personal Articles Policy.
This policy covers many personal items, including cameras, which is the category your drone falls under. We will explain what State Farm drone insurance is, what it covers, what it costs, and how to get it. By the end of this article, you will have a better understanding of whether State Farm drone insurance is right for you.
What is State Farm Drone Insurance?
State Farm drone insurance is a type of personal property insurance that covers your drone and its accessories against theft, loss, or damage. It is not a liability insurance, which means it does not cover any damage or injury you may cause to others or their property with your drone.
State Farm drone insurance is offered under the Personal Articles Policy, which covers many personal items, such as cameras, jewelry, musical instruments, and sports equipment. You can add your drone to this policy as a camera, and specify its make, model, serial number, and value.
State Farm drone insurance is available in most states, except California, where it is not offered. It is also available in Puerto Rico and Canada. However, it is only meant for recreational drone use, not commercial use. If you use your drone for business purposes, such as photography, videography, or inspection, you will need a different type of insurance.
What Does State Farm Drone Insurance Cover?
State Farm drone insurance covers your drone and its accessories, such as batteries, propellers, remote control, and carrying case, against theft, loss, or damage. It covers both accidental and intentional damage, as well as damage caused by natural disasters, such as fire, flood, or lightning.
State Farm drone insurance covers your drone anywhere in the world, as long as you comply with the local laws and regulations regarding drone use. It also covers your drone while it is in transit, such as in your car or on a plane.
State Farm drone insurance has no deductible, which means you do not have to pay anything out of pocket if you make a claim. It also has inflation coverage, which means your drone value will be adjusted annually based on the Consumer Price Index.
Drone insurance does not cover any damage or injury you may cause to others or their property with your drone. It also does not cover any fines or penalties you may incur for violating any laws or regulations regarding drone use. It also does not cover any wear and tear, mechanical breakdown, or software issues with your drone.
How Much Does State Farm Drone Insurance Cost?
State Farm drone insurance is very affordable compared to other drone insurance options. The cost depends on the value of your drone and its accessories, but it typically ranges from $60 to $70 per year. That is equivalent to about $5 to $6 per month, or less than $0.20 per day.
The cost of State Farm drone insurance is the same regardless of how often you fly your drone, where you fly it, or how many drones you have. You can also cancel your policy at any time, without any fees or penalties.
What are the Benefits and Drawbacks?
State Farm is one of the largest and most reputable insurance companies in the US, with over 100 years of experience and millions of customers. State Farm offers drone insurance under its Personal Articles Policy, which covers many personal items, such as cameras, jewelry, musical instruments, and sports equipment.
Your drone will be insured under the camera sub-category, which means that you can get coverage for your drone and its payload, such as cameras, sensors, or lights.
State Farm drone insurance has many benefits, such as:
- Affordability: State Farm drone insurance is very affordable, costing only about $6 per month or $60-$70 per year, depending on the value of your drone and its accessories. This is much cheaper than other drone insurance providers, which can charge up to $10 per hour or $1000 per year for similar coverage. Moreover, State Farm drone insurance has no deductible, which means that you can get full reimbursement if you crash your drone or lose it.
- Simplicity: State Farm drone insurance is very simple and easy to get. You just need to contact a local State Farm agent and provide them with some basic information about your drone, such as the make, model, serial number, and value. You don’t need to fill out any complicated forms, submit any proof of ownership, or undergo any inspections or tests. You can get your policy activated within minutes and start flying your drone right away.
- Flexibility: State Farm drone insurance is very flexible and adaptable to your needs. You can choose the amount of coverage that suits your drone and its accessories, from $500 to $25,000. You can also add or remove items from your policy at any time, without any fees or penalties. You can also cancel your policy at any time, without any fees or penalties. You can also use your drone for any purpose, whether it’s recreational or commercial, as long as you follow the FAA rules and regulations.
- Reliability: State Farm drone insurance is very reliable and trustworthy, backed by a reputable and experienced insurance company. State Farm has an A+ rating from the Better Business Bureau and an A++ rating from A.M. Best, which indicate its financial strength and customer satisfaction. State Farm also has a network of over 19,000 agents and 58,000 employees across the US, which means that you can get personalized and professional service and support whenever you need it.
However, State Farm drone insurance also has some drawbacks, such as:
- Availability: Drone insurance is not available everywhere. Currently, it is not offered in California, due to the state’s regulations and restrictions on drone insurance. It may also not be available in some other states or regions, depending on the local laws and market conditions. Therefore, you need to check with your local State Farm agent before you apply for a policy.
- Renewability: Drone insurance may not be easy to renew. Some drone owners have reported that they were denied a renewal or offered a higher premium or a lower coverage after they crashed their drone or made a claim. This may depend on the frequency and severity of your accidents or incidents, as well as the availability and demand of drone insurance in your area. Therefore, you need to be careful and responsible when you fly your drone and avoid any unnecessary risks or damages.
- Coverage: Drone insurance does not cover everything. It only covers your drone and its payload, but not your ground equipment, such as your remote controller, tablet, or laptop. It also does not cover your liability, which means that it does not protect you from the damage or injury that you may cause to other people or property with your drone. Therefore, you may need to purchase additional coverage from other sources, such as your homeowner’s insurance, renter’s insurance, or a separate liability policy.
How to Get State Farm Drone Insurance?
To get State Farm drone insurance, you will need to apply through a local agent near you. You can find one on the State Farm website, or by calling 1-800-STATE-FARM.
You will need to provide some information about your drone, such as its make, model, serial number, and value. You will also need to provide some personal information, such as your name, address, phone number, and email.
You will also need to sign a contract that outlines the terms and conditions of your policy, such as the coverage amount, the premium, and the exclusions. You will also need to pay the first installment of your premium, which can be done by credit card, debit card, check, or cash.
Once you have completed the application process, you will receive a confirmation email with your policy number and a copy of your contract. You will also receive a proof of insurance card, which you can print or save on your phone. You will need to carry this card with you whenever you fly your drone, in case you need to make a claim or show proof of insurance.
What are the Alternatives?
State Farm drone insurance is not the only option that you have for insuring your drone. There are many other drone insurance providers that you can choose from, depending on your needs and preferences. Some of the most popular and reputable ones are:
- Verifly: Verifly is a mobile app that allows you to get on-demand drone insurance for as low as $10 per hour. You can choose the amount of liability coverage that you want, from $1 million to $10 million, and the app will automatically calculate the premium based on your location, flight duration, and weather conditions. You can also get hull coverage for up to $10,000 for an additional fee. Verifly is ideal for occasional or short-term drone users who want to get instant and flexible coverage for their flights. Verifly is available in all 50 states and covers both recreational and commercial drone use.
- SkyWatch: SkyWatch is another mobile app that offers on-demand drone insurance, but with a twist. SkyWatch uses artificial intelligence and machine learning to analyze your flight data and assign you a safety score, which determines your premium. The safer you fly, the lower your premium will be. You can also get discounts and rewards for improving your safety score over time. SkyWatch offers liability coverage from $500,000 to $10 million and hull coverage from $500 to $10,000. SkyWatch is suitable for frequent or long-term drone users who want to save money and incentivize safe flying. SkyWatch is available in 46 states and covers both recreational and commercial drone use.
- BWIFly: BWIFly is a website that offers annual drone insurance policies for both recreational and commercial drone users. You can get liability coverage from $500,000 to $25 million and hull coverage from $1,000 to $100,000. You can also get payload coverage, ground equipment coverage, and invasion of privacy coverage for an extra fee. BWIFly also offers drone rental insurance, which covers the damage or loss of a rented drone. BWIFly is perfect for professional or serious drone users who want to get comprehensive and customized coverage for their drones and operations. BWIFly is available in all 50 states and covers both recreational and commercial drone use.
State Farm drone insurance is a great option for drone owners who want to get affordable, simple, flexible, and reliable coverage for their drones and their accessories. Drone insurance covers both recreational and commercial drone use, and offers coverage for up to $25,000 for your drone and its payload.
However, State Farm drone insurance does not cover your ground equipment or your liability, and it may not be available or renewable in some areas. Therefore, you may need to consider other drone insurance options or additional coverage sources to get the best protection for your drone and yourself.