Now you can insure drones

The drone market is gradually increasing. Experts predict growth in the global market of unmanned aerial vehicles to 200 billion dollars by 2035. Drones are used for a large number of purposes: in addition to photographing and filming, they are also used for the delivery and monitoring of the environmental situation. But such a number of unmanned aerial vehicles in airspace leads to an increase in accidents involving them. When falling, the drone can cause significant damage to people, animals or property.

How and who will compensate the damage caused by an unmanned aerial vehicle? In order to avoid problems with covering the damage caused to property, insurance companies offer special insurance products to drones owners – insurance policies for the liability of owners of unmanned aerial vehicles. Such an insurance product covers the following risks: • Causing harm to a person’s life; • Causing harm to human health; • Causing property damage. The amount of insurance compensation depends on the mass of the drone and may be about 100,000 dollars. According to experts in the field of insurance, this industry has its own development prospects.