Drone Insurance is here!
Drones, or unmanned aerial vehicles (UAVs) are changing the way many traditional industries conduct business, and the insurance industry is responding.
In Ontario, drones are becoming an integral part of farming strategies for livestock and crop management, helping forward the era of "data-driven" agriculture, notes the CBC. UAVs can be used to monitor crop yield and health, increasing ease of operations. In the real estate sector, agents are claiming that drone footage is the most important new technology to enter the market since the internet.
Smaller, cheaper and more powerful
Drones are becoming popular and readily affordable, and aside from the increase in personal usage, more and more commercial industries are utilizing drone technologies such as:
- Media and Entertainment
- Photography and Videography including Real Estate
- Surveying and Mapping
- Construction and Engineering
- Utilities and Communications
Protection for damage to the drone and liability insurance in the event of bodily injury or property damage from its use. Depending on your insurance provider, you may be able to easily add a UAV on to your homeowner policy.
If you have questions about commercial or personal drone insurance, call us and let's talk about your insurance.