What Type Of Insurance Should I Get for My Drone?

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

What is Drone Insurance?

Drone insurance provides coverage for damages or liability resulting from the operation of a drone. It’s crucial for both recreational and commercial drone users to protect against potential risks like accidents, damage, or legal issues.

Drone Insurance

Types of Drone Insurance

  1. Liability Insurance: Covers damage or injuries caused by your drone to others.
  2. Hull Insurance: Provides protection for physical damage to the drone itself.
  3. Payload Insurance: Covers damage to items the drone is carrying, like cameras or sensors.

Why Do You Need Drone Insurance?

  1. Protection from Liability: In case your drone accidentally causes harm or damage.
  2. Compliance with Regulations: Some jurisdictions or circumstances (like commercial use) may legally require insurance.
  3. Financial Security: To cover the cost of expensive repairs or legal fees.

Who Should Consider Drone Insurance?

  • Commercial Operators: For those using drones for business purposes, like aerial photography or surveying.
  • Hobbyists: If flying in areas where there’s a higher risk of accidents or damage.

Related Reading: Photographers Insurance

Best Drone Insurance

How to Choose the Right Drone Insurance

  1. Assess Your Risk: Consider where and how you’ll use your drone.
  2. Understand Coverage Limits: Know what is and isn’t covered.
  3. Compare Policies: Look at different providers for the best coverage and price.

Examples of Situations Covered by Drone Insurance

  1. Accidental Injury: If your drone injures someone during flight.
  2. Property Damage: If your drone crashes into a car or building.
  3. Theft or Loss: If your drone is stolen or lost during operation.


Drone insurance is an essential consideration for anyone operating a drone, whether for leisure or commercial purposes. It provides financial protection and peace of mind in the event of accidents, damage, or legal issues. Contact us today for a free quote.

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Frequently Asked Questions

Do you need drone insurance in the US?

In the United States, there is no FAA requirement for businesses using drones, whether for recreational or commercial purposes, to purchase insurance since it is not mandated by law.

What are the exclusions for drone insurance?

Insurance policies typically have a clause excluding aircraft coverage, which also applies to drones. This means that any harm caused by a drone to a third party, whether used for business or recreation, will not be covered under most homeowners and general liability policies.

Are drones tax deductible?

Section 179 of the tax code can be utilized to purchase commercial drones. Your business can deduct the entire cost of qualifying equipment, such as drones, from the taxable income in the year of purchase. This way, you won’t need to depreciate the cost over several years.

Can you fly a drone without registering it with the FAA?

Drones weighing less than 0.55 pounds (250 grams) flown exclusively for recreational purposes are exempt from registration. If a drone is registered under part 107, it can be used for both recreational and part 107 purposes.

Shawn Plummer, CRPC

Chartered Retirement Planning Counselor

Shawn Plummer is a Chartered Retirement Planning Counselor, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

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