Getting the Right Drone Insurance
Purchased a new drone? It’s time to protect your investment. As you begin building your business, drone insurance will become an important asset. Through the Canada Drone - SkyWatch.AI integration, Canadian pilots can activate policies online at any time.
SkyWatch.AI drone insurance policies are designed to have you fly with peace of mind. Policies can be activated on-demand, without the need for a lengthy underwriting process. Most importantly, you always have full control over your policy. You have all the means to manage your policy and modify your plan at any time. Whether it be increasing your liability limit, generating a new certificate of insurance needed by a client, or adding a new co-pilot to your policy.
*Coverage available for pilots in Alberta, Ontario, British Columbia.
Customize your policy in 5 Easy Steps
Select Your Duration
Policies are sold by the hour, month, and year. Hourly plans are activated per location, whereas monthly and annual plans give you the freedom to fly anywhere in Canada during the time period selected. Choose the right time frame for you depending on your workload. You also have the option to choose your policy’s start date and can book a policy up to 60 days in advance.
Choose Liability Limit
You’ll need to determine your policy’s liability limit. Liability ranges from $100,000 to $5,000,000 so it is up to you to decide what risks are associated with the area(s) you are flying. This chosen limit will protect you against bodily injury and property damage to others imposed by your drone operations. You as the pilot will have liability protection no matter which drone you are operating.
Add Physical Damage Protection (optional)
Protecting your drone against any physical damage sustained requires adding hull coverage. Loss, theft, or damage to your drone will be insured up to the value you declare. Please note, this added protection is only available on annual plans. Only drones listed on the policy will be insured by your hull coverage.
List Additional Insured
Have a co-pilot? Need to add your client to your policy? No problem, simply add their details as an additional insured, and your policy will cover them as well, at no additional cost! Any additional insured information will be displayed on your certificate of insurance immediately upon activation.
Complete your Profile
Now that your policy has been fully customized, you’ll need to enter your personal information and payment details. You can always add your company name as well.
Once you officially bind your policy, you will get proof of coverage immediately. A policy document and certificate of insurance will be sent to you via email, and you can always modify and get new copies online.
Questions about your policy’s definitions? Check out SkyWatch.AI’s drone insurance dictionary.
Ready to get started? Click here to begin building your policy
The SkyWatch.AI support team is happy to help you get your policy activated and answer any questions you may have.