Commercial Drone Insurance Basics Video Launched By BWI, A Leading Drone Insurance Brokerby DAVIS BROWN PRC Agency
Information on why a commercial drone insurance policy is important is available via a concise video guide from BWI Aircraft Insurance. Benefits include liability, physical damage coverage and coverage for legal defense.
BWI Aviation Insurance announces the launch of its video covering commercial drone insurance. The video comprises details on five things one needs to know about the importance of commercial drone insurance.
The video can be view at https://www.youtube.com/watch?v=5xfvGnkeQQo&t=1s
According to the newly launched video, a commercial drone insurance policy is an important asset, especially for those drone pilots with a part 107 license and who are operating commercially. Commercial drone insurance policies are annual insurance policies that offer liability coverage and optionally physical damage coverage to the drone itself and any equipment attached.
Answering some of the most frequently asked questions concerning commercial drone insurance, the video guide informs that policy liability limits can range between $500,000 and $25,000,000. Drone liability insurance covers your legal liability from bodily injury or property damage caused by the commercial operation of your drone.
The guide continues that drone liability insurance is typically required when bidding jobs and having the capacity of going up to $25,000,000 gives the operator confidence in bidding the top commercial drone projects.
Those who opt for a commercial drone insurance policy can also purchase physical damage coverage, which covers damage to the drone itself and its payload. Physical damage coverage includes coverage for loss, theft and accidental damage.
More details on this can be found at https://bwifly.com/aviation-insurance/drone-insurance/
This guide also lists the current industries supported:
Media/News GatheringPackage Delivery
Search and Rescue
AgricultureEducation, Research & Development
Infastructure Inspection & Support
Property Survey/Inspection/Real Estate
Events (Concerts/Sports/Weddings etc.)
Instruction and Training
Interested parties can click on the links above to find out more.
Created on Nov 25th 2020 10:01. Viewed 190 times.