Drone Pilot Insurance

For the last few weeks, our drone pilot network has grown substantially. A good percentage of drone pilots we’ve been getting to sign up are new to flying for profit. Here’s a question we’ve been getting quite a bit:

“How do I know what’s the minimum [drone insurance] coverage I would need? Do you by any chance have a list detailing what kind of insurance I must have in order to work with you? “

To be frank, we don’t necessarily have a requirement when it comes to insurance coverage just as long as you have it. It’s one of those things where we believe your judgement matters more. The frequency of your drone usage, types of jobs you fly, and location are huge variables that can dictate which type of coverage is best for you.

Drone insurance is not required by law, however in the event of misfortune, you’ll be glad to have it. Crashing into power lines, buildings, and trees are pretty common occurrences that can be costly when it comes to damage repair. In addition, flying a drone opens the risk to damaging others’ property and injuring pedestrians. We’ve all hit that home button not expecting a near crash experience.

So how much does insurance cost? It will vary based on the model, your experience, and the insurance. For the DJI Phantom 4 Pro, which we highly recommend, you’re looking at $600-$800 per year.