There is now insurance coverage available for Unmanned Aircraft Vehicles (UAV) also known as “drones.” Common insurance packages generally exclude aviation activity, so if you are using a drone to complement your commercial operations you’ll need to have specialized coverage.
We are offering UAV insurance which can include:
– Property coverage
– Physical damage
– Bodily injury
Some insurers are offering to cover drones that operate using an Unmanned Aircraft System (UAS). The UAS includes all of the components that work together in the operation of an unmanned aircraft: the drone vehicle, its payload, everything on the ground, radio transmitters, receivers, ground control stations, etc.
Transport Canada regulates drone use to keep the public and our airspace safe. In order to use your UAV for any form of work or research, you are legally required to apply for a Special Flight Operations Certificate (SFOC). Whether you are using it for recreational use or work you must follow all laws and fly safely.
Keep in mind – if you want to insure your drone you will need an SFOC in order to get coverage. It is also part of the SFOC requirements you have proper UAV Liability Insurance, so both go hand in hand. You also need to be aware that certain uses are not likely going to be allowed even with an SFOC. Flying over people at a concert, near a high traffic airport, dropping items from the aircraft, etc. are basically off limits without very special authorization if at all.
Make sure you understand the rules that apply and follow them. Not doing so could put lives at risk and cost you up to $25,000 in fines, even jail time. See the below info-graphic to help you determine if you need an SFOC to fly your drone, and be clear on the rules and legalities of flying your drone.
Regardless of your company’s needs we believe insurance coverage for your UAS is essential!
“Info Graphic – Flying an Unmanned Aircraft.” Find out If You Need Permission to Fly Your Drone (n.d.): n. pag. Government of Canada. 02 Feb. 2016. Web. 14 Mar. 2016.
“Flying a Drone Recreationally.” Government of Canada; Transport Canada; Safety and Security Group, Civil Aviation. Government of Canada, 09 Feb. 2016. Web. 14 Mar. 2016.