Insurance carriers are now starting to take a position on the “personal” drone and coverage under the Homeowners Policy form HO3. A quick snapshot looks like this.
- Ownership of a drone will not adversely affect underwriting of your policy
- Owners are required by FAA to register the aircraft. FAA
- Usage must be for hobby or recreational use only.
- Homeowners are expected to operate aircraft responsibly and safely.
The drone will be covered for damage by an insured Personal Property named peril subject the applicable deductible. There is no coverage for Bodily Injury or Property Damage caused by any sort of aircraft, no exception for hobby aircraft. Personal Injury, such as invading privacy appears to be covered for now.
Consult your own policy for specific language.
Other Drone related articles that may be of interest. Florida Drone Law, So…You bought a drone.
SWFL Insurance is always available to answer any questions that you may have about your policy. Please call us at 239-265-9577 for all your insurance needs.