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Insurance information needed

You can find a copy of the 2016-2017 AMA policy here:

http://www.modelaircraft.org/files/500-l.pdf

and here:

http://www.modelaircraft.org/files/500-la.pdf

According to the AMA the terms will change (with higher limits, which is good) when it is renewed on March 31, 2107.
If you're going to rely on this you should have your insurance agent take a look at it. Make sure you understand what aggregate limits apply and the amount of the deductible and SIR
 
Here is a good article about insuring your drone. The AMA, from what I gather from the links description, is kind of like the AFLAC for drones and will only pay out if other all your other policies won't cover it. But being insurance, they always have that loophole to weasel out of having to pay. You never know. This is all in its infancy.

The link, click here---->Insurance for your drone
 
Exciting news from Verifly today. Major new release which includes universal coverage enabling authorized pilots to get insurance near airports, heliports, stadia. And new options including increased liability cover (up to $2.5m), increased coverage periods (4-hour and 8-hour packs) and increased coverage area (½ mile radius option). Be sure to update the app to see these new features. Would love to hear feedback on these new features.

Verifly – On-demand Drone Insurance
 
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