Skip to main content
Blog Home
Start Your Business
Grow Your Business
Protect Your Business
Celebrate Courage
Search

Small Business Insider

Sign up to get the latest small business tips delivered right to your inbox.
Close Close
Protect Your Business
May 28, 2015
drone-uav-drone-shutterstock

What is Drone Insurance?

Industry Spotlight | Insurance 101
By: Hiscox Blog

Share Image

Embed Image

Copy

Share Article:

What do the U.S. Army, Amazon, and your local photographers all have in common? They’re all experimenting with drones in innovative ways to do their jobs. As if the hubbub over drones and their place in modern commerce wasn’t already at a fever pitch, we also need to consider the insurance ramifications of these drones – specifically when it comes to property damage and bodily injury.

The use of flying robotics in the form of drones (or small unmanned aircraft systems (UAS)) is happening, and its commercial growth is predicted to increase rapidly and significantly. And while we can all picture little four- and five-rotor drones delivering packages and collecting photos, we can’t forget to picture that unfortunate time when one runs out of power and crashes to earth, damaging property along the way.

Since the Federal Aviation Administration (FAA) hasn’t yet approved drones for commercial use or released regulations on exactly how and when businesses can use drones, it’s still too early to know exactly how using drones will impact your small business insurance coverage. Developments suggest that commercial drone insurance coverage requirements will depend on what the aircraft is meant to do.

If you’re thinking of using a drone in your small business you need to contact your insurer about five types of coverage: liability insurance, personal injury, invasion of privacy, property damage, and Workers’ Compensation. Since this is an emerging technology, it's important to talk to your insurer to see if what you're using is covered.


Protect Your Business

Protect the business you’ve worked so hard to build. Get a fast, free quote and your business could be covered today.

Get a Quote
Get a Quote
Subscribe to our newsletter

Related Articles

4 Min Read
New stimulus package. PPP 2.0. Dollar bill. Mask.

What’s in the new stimulus package for businesses?

Finances

A new stimulus package is here to help American citizens and businesses who have been adversely affected by the coronavirus pandemic. Here’s what it means for small businesses. Read More

5 Min Read
Cyber security IQ. Laptop propped up against library books.

What’s your cyber security IQ?

Cyber | Insurance 101

Cyber attacks are getting more sophisticated every day, and it can be challenging to keep up. To improve you cyber security IQ, here’s the latest on cyber security schemes designed to compromise your business.  Read More

4 Min Read
Woman at work with neck brace. Workers compensation insurance.

Workers compensation insurance: Who needs it and how does it work? 

Insurance 101

What is workers compensation and how does it work? A workers comp policy can protect your business and employees from work-related injuries, and just about every type of business needs it. Read More


We’re here to help.
We provide tailored insurance for the specific risks you face, so you can take the right risks to grow your business.
Get a Quote
Get a Quote
Blog, Footer menu links
  • About Hiscox
  • Careers
  • Investors
  • Accessibility
  • Site Map
  • Terms of Use
  • Privacy
  • Legal Notices
  • Hiscox Corporate
  • en Español
Blog, Footer, 2nd Row (new)
  • Affiliate Partner Program
  • Blog
  • Newsroom
  • Partners
  • Podcast
  • Foundation
  • Contact Us
  • Refer a Friend
  • COVID-19
  • We Stand Together

Feefo Reviews: Hiscox rated 4.8/5 with 2,143 reviews between September 30, 2019 – September 30, 2020

© 2021 Hiscox Inc. All rights reserved. Underwritten by Hiscox Insurance Company Inc., 104 South Michigan Avenue, Suite 600, Chicago, IL 60603. As of December 31, 2019, HICI had admitted assets of $778,266,779 and policyholders surplus of $215,333,986. Total liabilities were $562,932,793 (inclusive of $236,274,591 of lossreserves) and paid up capital stock was $4,242,000.

icon-facebook
icon-youtube
icon-twitter
icon-linkedin

Feefo Reviews: Hiscox rated 4.8/5 with 2,143 reviews between September 30, 2019 – September 30, 2020

© 2021 Hiscox Inc. All rights reserved. Underwritten by Hiscox Insurance Company Inc., 104 South Michigan Avenue, Suite 600, Chicago, IL 60603. As of December 31, 2019, HICI had admitted assets of $778,266,779 and policyholders surplus of $215,333,986. Total liabilities were $562,932,793 (inclusive of $236,274,591 of lossreserves) and paid up capital stock was $4,242,000.