If you are searching for Katy TX Drone Insurance, be sure and contact Texas Insurance Agency! Our team of independent insurance brokers is here to help you find the right policy for your business or personal coverage requirements.
Texas Insurance Agency has been serving the Houston community for over two decades. During that time, we have helped thousands of satisfied clients find and purchase insurance for the protection of property and other financial liabilities.
Drones, also called Unmanned Aerial Vehicles (UAVs), have become more popular among hobbyists and businesses alike. These small aircraft are able to give those on the ground a bird’s eye view of the terrain and surrounding features. Keep reading to discover how you can protect your liability and drones with insurance!
What is Drone Insurance?
In the past few decades, drones have become increasingly popular for use by law enforcement, the military, hobbyists, and companies. These vehicles offer those on the ground the benefits of aerial surveillance without actually being in the air.
Moreover, with the progression of drone technology, many drones are now equipped with thermal imaging, which law enforcement often uses to catch offenders.
Drones come in many shapes and sizes. As a result, their use is heavily regulated by government rules. These regulations outline where, when, and in what circumstances a drone can be used.
Drone insurance can be purchased by those who operate drones for pleasure or business. The former offers more flexibility since, in that case, the drone is not being used for commercial purposes. When you operate your drone, liability coverage is essential to protecting your financial responsibilities if something were to happen.
For instance, if your drone causes injury to or damages the property of a third party, you could be held liable. Like auto insurance, you can extend liability to full coverage, which can be customized to include damage to the drone itself.
Why is Drone Insurance Necessary?
There are several factors that can affect the ability to safely operate a drone. For one, adverse weather conditions could affect the flying trajectory of a drone, thereby making it hard for you to control. High winds are a very common problem for drone operators.
Additionally, if you lose control of your drone, it could cause bodily injury or property damage to a third party. When this happens, you will want the benefit of limited financial responsibility. One way to get that is through the purchase of a reliable drone liability policy.
Drone Insurance Coverage:
For those who fly drones as a hobby, flight liability coverage is a great option and is usually enough to cover the risk of flying. Furthermore, flight liability policies are very flexible in the duration of coverage you can receive.
You can purchase a flight liability policy for as little as one day. Or, if you know of a date in the future where you will need coverage, most insurance companies allow you to purchase it ahead of time. This type of policy covers a drone only while it is in flight.
Flight liability insurance is great for hobbyists who enjoy flying their drones once in a while. However, if you have a drone that you use for commercial purposes, then chances are you rely on it as part of your income.
In this instance, you will not want to be without hull damage coverage. In general, drones are very pricey pieces of equipment. Therefore, they are expensive to replace. If you extend your drone insurance policy to include hull damage, you will have peace of mind when that damage occurs.
While some homeowners insurance policies might offer coverage of your drone when damage occurs on your property, it is likely you would have to pay your homeowner’s insurance deductible. However, with a hull damage extension, the cost of filing a claim will be lower.
If you operate your drone for commercial purposes, chances are you will want a full-coverage plan for your drone. Essentially, this means that whether your drone is in flight or not, it is coverage. Around-the-clock coverage should be a consideration for your drone if you use it for business.
Your drone likely requires many different pieces of equipment in order to work properly. For instance, the controller, cameras, and landing pad are all expensive and crucial parts of safely operating your drone.
As a result, you should consider purchasing an extension to your policy that covers your drone equipment. While this might increase the cost of your policy ever so slightly, it will be well worth it when you have repairs to make or parts to replace.
Things to Know:
Many insurance policies will place restrictions on when you are allowed to fly your drone and still be covered. For instance, if your policy excludes after-dark flights, then you will lose coverage during that time. Should you disregard that exclusion and damage to your drone occurs, you will not receive coverage.
No matter what time exclusion your policy has, it is best to abide by those terms. Failing to do so could result in massive financial consequences.
The City of Houston has a ‘no-fly zone’ over downtown that prohibits commercial aircraft from flying over the city. Just as airlines must respect these regulations, so much you respect any location restrictions for drone operation.
The Federal Aviation Administration requires at any drones between 0.55 and 55 pounds be registered with the government. Likewise, some insurance companies have weight restrictions on what they will cover. If you own a heavier drone, your deductible and premiums will come at a higher cost.
Katy TX Drone Insurance
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Katy, TX Fun Facts:
- Katy is named for the K-T Railroad.
- Downtown Houston is just thirty minutes away.
- Katy is home to Typhoon Texas, a favorite waterpark for Southeast Texans.
- For more information about Katy, TX, visit the city’s website!