First come the toy drones; then the liability claims start flying.
Aviation liability insurance and aerial photography drone insurance will become hot topics in 2016. The FAA will be opening up the sky to commercial drones but, before you start droning, you may want to consider drone insurance. For the time being, it seems that you will only need drone insurance if you intend to use your drone for commercial purposes. If you are planning on flying around your house or neighborhood park just for fun, your homeowners insurance will most likely cover you. The liability protection in homeowners or renters insurance policies will often cover damage or injury from a drone crashing into a neighbor’s house, vehicle, or child. Homeowner’s insurance has always covered radio controlled aircraft and so far, drones are falling under this allocation.
As drone registration increases, drone operators may be asked to carry UAV insurance coverage, similar to mandatory insurance for motorists. Do your research before flying and ask your insurance company if you will need a drone insurance package. If you are considering getting a drone in the future, make sure you understand responsible drone ownership. “Know Before You Fly” is an educational website established by drone manufacturers to promote safe flying.
Make sure to register your drone. Drones must be registered starting Dec. 21, 2015 and the agency will charge a $5 fee, which is required under current law, according to the FAA. Tiny toy drones for kids weighing less than 250 grams will be exempt from the registry.
Read More: Drone Facts for Kids