Owning a drone is not just for hobbyists anymore. According to Insurance Journal, corporate risk managers expect the use of drones by corporations to be common practice within 5 years. This trend may grow even faster for businesses in the construction, energy, real estate, agriculture, photography, or cinematography industries. The growing use of drones in professional fields leaves some business owners at risk of being held liable if their drone caused damage or injury to a third party’s property or person.
Drone accidents happen frequently enough that attorneys, insurance brokers, and policymakers are all now seeing their industries change. Boston attorney Matthew Henshon said in Insurance Journal that mitigating the risks that come with drones is “a balancing act between insurance and regulation.” There is no doubt that to manage this balancing act, regulators and insurers will both need to keep drones on their minds in the coming months.
The insurance professionals at Veracity Insurance Solutions can help those who use drones as a part of their business to get the drone insurance coverage they need. Helping business owners get drone insurance goes right along with Veracity’s goal to help small business owners get the insurance they need quickly at a cost that is affordable to a small business.
So go ahead and embrace the future, and if that future includes using a drone as part of your business, know that the professionals at Veracity are here to help you insure it.