What is the Best and Most Affordable Insurance for My Drone Business?

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  • Опубліковано 26 сер 2021
  • 🔥Get Your Biggest and Most Common Drone Certificate Questions Answered by claiming our FREE Part 107 Guide NOW! - bit.ly/3gAsPBi
    Today's show is about drone insurance.
    Buying the right insurance is important for mitigating risk and protecting yourself against personal liabilities. On today's show, we have Nolan and Chris who need help with purchasing the right insurance for their drone business.
    Learn More - www.thedroneu.com/adu1209-insurance-for-drone-business
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    Timestamps:
    01:11 - Don't forget to check out our drone insurance guide
    03:05 - Today's question is about buying the best and most affordable drone insurance
    04:44 - Will going through a broker prove to be beneficial for you?
    06:45 - Important topics that we cover in today's show
    09:23 - What are the benefits of buying whole insurance?
    12:31 - Back to the basics - what is general liability insurance?
    14:13 - Mitigating risk and personal liabilities
    15:13 - Why it's better to purchase a separate homeowner's policy
    17:50 - How do insurance companies calculate coverage
    20:15 - Is it mandatory to buy a worker's compensation policy if you're hiring contractors?
    23:58 - Are drones covered under a blanket coverage policy?
    24:48 - Is DJI Care Refresh a good option for you?
    27:08 - Staying compliant
    29:58 - Is your drone still covered if you hack it?

КОМЕНТАРІ • 12

  • @mattbouvetnetwork6518
    @mattbouvetnetwork6518 2 роки тому

    thanks for doing this video guys. incredibly helpful

  • @jerseyshoredroneservices225
    @jerseyshoredroneservices225 2 роки тому +2

    So basically I think they're suggesting three policies. General liability for the business, errors and omissions and a drone specific liability insurance like Skywatch plus hull coverage

  • @richardnorris9836
    @richardnorris9836 2 роки тому

    Great information! Thank you

  • @travisskeans2511
    @travisskeans2511 2 роки тому +2

    You think it's possible to start a drone business in 2021-2022

  • @SkyHorseTech
    @SkyHorseTech 2 роки тому +2

    As the all wise Wu Tang Clan once proclaimed, Protect Ya Neck, get an LLC.

  • @richardnorris9836
    @richardnorris9836 2 роки тому

    Great info! Thanks

  • @johningle8439
    @johningle8439 2 роки тому +5

    TO MUCH GAB GAB

  • @RickR69
    @RickR69 2 роки тому

    What do you mean by drones that don't comply with part 107? As in they're over 55lbs?
    Also what catastrophic accident are you referring to? I know that there were allegedly two sUAS+manned aircraft crashes in US and Canada this month, but as far as I can tell nobody got injured or died.

  • @straitjacketstudios
    @straitjacketstudios 2 роки тому

    If you already have general liability to cover your photography business, is it necessary to ADD liability for your drone?

  • @wwaldok
    @wwaldok 4 місяці тому

    Disc Jockey Complex

  • @Hamradio54730
    @Hamradio54730 Рік тому +1

    Your UA-cam stuff has been very useless relative to topic. Sorry, it’s my opinion.