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Drone coverage is important to protect operators from the risks they assume when using this new technology. As an emerging industry, drones have already shown a ton of added value to companies. Continue reading to discover 4 facts about drones that you should be aware of.
1. Drones Increase Productivity
Drones have reduced the time to complete long, tedious tasks, such as surveying a large plot of land, or inspecting a building floor-by-floor for proper safety protocols. This allows companies to accomplish tasks quicker and use their manpower for other tasks.
2. More Solutions = More Risks
As these drones and their operators provide more business solutions, more risks will arise. Purchasing drone coverage as a Commercial Drone Operator is the smartest way to shield your company from major losses. Expensive lawsuits without insurance can bankrupt a company – such is the case for any industry.
3. Common Drone Exposures
Since drones are an emerging market and do not have insurance requirements yet, it is extremely important for new Commercial Drone Operators to know what their exposures are, and how to purchase adequate insurance to protect themselves.
4. No Drone Zone
In the United States, there are many places that you are not allowed to fly your drone, (with & without Drone insurance) which are called “No Drone Zones.” The Federal Aviation Administration (FAA) has a public outreach campaign promoting safe and responsible drone use. The top restricted zones are:
- Airports
- Military Bases
- National Parks
- Restricted or Special Use Airspace
- Security Sensitive Airspace Restrictions
- Stadiums and Sporting Event
- Temporary Flight Restrictions
- Wildfires
If you have any additional questions regarding Drone Insurance or other insurance policies, TSIB is ready to help! You can call TSIB today at 201-267-7500.
