Drone insurance company SkyWatch, which provides on-demand insurance to commercial drone pilots and hobbyists alike, has acquired Droneinsurance.com’s assets from REIN. The two platforms have merged to offer seamless coverage and service to drone operators across North America.
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While there’s no law that mandates you to buy insurance if you operate drones in the US, having it is the smart, and right, thing to do. Drone incidents can happen because of multiple reasons – hardware malfunction, pilot error, or even factors beyond your control – and they can carry significant liability risks. So, an insurance policy is definitely a worthwhile investment, but how much should you spend for coverage?
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Drone insurance company SkyWatch.AI has been providing flexible insurance coverage to thousands of commercial drone pilots in the United States since 2018. This month, the company decided to take a deep dive into its policy data to date and dig out drone industry trends. Here’s what they found out…
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Drone U Flight Mastery graduates receive lower drone insurance rates from SkyWatch.AI. This means that if you successfully graduate from the Drone U Flight Mastery training course you will receive a 15% discount on any SkyWatch.AI insurance policy. However, it doesn’t stop there. If you increase your safety score through the SkyWatch app you can increase your discount even further.
