$122M drone and eVTOL insurance facility now available

A new insurance facility offering major protection for drones, eVTOLs, and other aviation innovations has just launched in a big way.
Expand Expanding CloseA new insurance facility offering major protection for drones, eVTOLs, and other aviation innovations has just launched in a big way.
Expand Expanding CloseUK-based Moonrock Drone Insurance has introduced a new drone insurance product tailored for hobbyists and recreational pilots. Backed by the reputable Hiscox insurance group, the offering promises comprehensive protection for drone enthusiasts.
Expand Expanding CloseAnyone flying a drone in the United Kingdom is responsible for flying within the guidelines and regulations established by the Civil Aviation Authority (CAA). That means it’s your responsibility as a drone pilot to understand the rules and identify safe flying areas. This is where the Drone Scene platform steps in to assist you.
Expand Expanding CloseAutoPylot, an FAA-approved provider of B4UFLY and LAANC services, has updated its iOS and Google apps to include drone insurance facilities for both recreational pilots and commercial operators. The all-in-one flight planning solution has integrated an insurance program underwritten by Allianz Commercial directly into its platform.
Expand Expanding CloseDrone insurance company SkyWatch, which provides on-demand insurance to commercial drone pilots and hobbyists alike, has acquired Droneinsurance.com’s assets from REIN. The two platforms have merged to offer seamless coverage and service to drone operators across North America.
Expand Expanding CloseWhile there’s no law that mandates you to buy insurance if you operate drones in the US, having it is the smart, and right, thing to do. Drone incidents can happen because of multiple reasons – hardware malfunction, pilot error, or even factors beyond your control – and they can carry significant liability risks. So, an insurance policy is definitely a worthwhile investment, but how much should you spend for coverage?
Expand Expanding CloseVerifly, which was one of the first companies to offer on-demand insurance to drone pilots, has announced it will be shutting down on March 24, 2023.
Expand Expanding CloseAirModo, a new drone insurance app that allows operators to instantly purchase either hourly or annual policies depending on their needs, has launched a reward program in collaboration with Unmanned Safety Institute (USI).
Expand Expanding ClosePilot error, accidental damage, loss of data link, flyaways, accidental loss… These are only some of the reasons why Coverdrone customers made drone insurance claims last year. So now, the company, which provides insurance for both commercial and recreational drones, is sharing insights from its claims data to help operators understand the most common risks associated with drone operations.
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