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While the FAA establishes operating rules for commercial use of UAVs, the insurance industry is learning how to address coverage issues ranging from invasion of privacy to aerial surveillance issues and data collection. In addition to some of the critical coverages listed below, underwriters want to know:
Underwriters will be looking for a risk that presents as “good risk.” For example, is the aircraft operation and use safe? Is it at a safe distance from people or property? Does it have safety features for loss of power or loss of communication? Does it operate to and from a safe and secure location? Losses have a higher compounding affect than just insurability. It may result in loss of life, company reputation, uninsured losses, bankruptcy.
To find out more, contact Vikki Stone at  449.9401 or email@example.com
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