Statefarm

Davee123 · Jan 12, 2017

Just to let you guys know I was debating about getting dji care refresh for my new mavic, but I decided to call up my local statefarm agent and requested a quote on how much it would be to insure my drone. In total I now pay 52$ a year to insure both my mavic and my p4 against loss, theft, damage, flyaways etc... I believe they are the route to go for protecting our drones. You don't even need to have a separate policy through them.

Sent from my iPhone using MavicPilots

Larry56 · Jan 13, 2017

Davee123 said:
Just to let you guys know I was debating about getting dji care refresh for my new mavic, but I decided to call up my local statefarm agent and requested a quote on how much it would be to insure my drone. In total I now pay 52$ a year to insure both my mavic and my p4 against loss, theft, damage, flyaways etc... I believe they are the route to go for protecting our drones. You don't even need to have a separate policy through them.

Sent from my iPhone using MavicPilots

Sounds good, however, you may be overlooking the deductible. Each claim you file with State Farm will cost you a deductible and that typically ranges from $500 to $1,000, depending on how your policy is written. Mine is $500 so the $99 Refresh made better sense to me. Hopefully, you won't ever need to use either insurance companies. Have fun flying!

Andrew F · Jan 13, 2017

Davee123 said:
Just to let you guys know I was debating about getting dji care refresh for my new mavic, but I decided to call up my local statefarm agent and requested a quote on how much it would be to insure my drone. In total I now pay 52$ a year to insure both my mavic and my p4 against loss, theft, damage, flyaways etc... I believe they are the route to go for protecting our drones. You don't even need to have a separate policy through them.

Sent from my iPhone using MavicPilots

Just like communism. Great on paper. Horrible in reality. I wouldn't trust State Farm for this at all. I'm happy with the DJI care. They know their own metrics.

Stefan350 · Jan 13, 2017

Larry56 said:
Sounds good, however, you may be overlooking the deductible. Each claim you file with State Farm will cost you a deductible and that typically ranges from $500 to $1,000, depending on how your policy is written. Mine is $500 so the $99 Refresh made better sense to me. Hopefully, you won't ever need to use either insurance companies. Have fun flying!

That's weird, my agent gave me a deal for $60 a year with no deductible.

Sent from my iPhone using MavicPilots

harmonix234 · Jan 13, 2017

60 a year for me. No deductibles

Sent from my iPhone using MavicPilots

Davee123 · Jan 13, 2017

Stefan350 said:
That's weird, my agent gave me a deal for $60 a year with no deductible.

Sent from my iPhone using MavicPilots

Should have mentioned that. I have zero deductibles as well

Sent from my iPhone using MavicPilots

Anthony Viscomi · Jan 13, 2017

$0 deductibles here too...I use State Farm for Home & Auto. All I had to do was provide them with the s/n & receipts for both my Mavic & P4P+.

onespeed · Jan 13, 2017

The shop I am buying through is offering insurance through them for 150. Making a claim involves a 150 dollar deductible.

Cant understand how he is selling that coverage at those rates when you can get Refresh at 99 and State Fram at 60.

So is it as simple as calling a SF agent in my neighborhood and asking them to insure my drone?

I am in Brooklyn NY. Outside the CA omission for coverage.

Anthony Viscomi · Jan 13, 2017

Well it was simple for me being a State Farm customer for 20+ years. Also make sure you mention that the drone is actually a camera. Below is an excerpt from their webpage:
Personal Articles Policy May Cover:

Cameras
Collectibles (such as dolls, model trains, sports cards, comic books, and stamp and coin collections)
Computer equipment and software (personal use only)
Fine art (such as oriental rugs and paintings)
Furs
Hearing aids and medical devices (such as insulin pumps, hearing implants, and artificial eyes and limbs)
Jewelry
Musical instruments
Silverware/goldware
Sports equipment

Features
Worldwide Coverage
Coverage applies anywhere in the world. When you go on vacation, items such as jewelry and cameras are covered (fine art items are only covered within the United States and Canada).

Replacement Cost Coverage
We'll pay the cost to repair or replace your property, without deduction for depreciation. The personal articles policy insures against theft and accidental direct physical damage to covered property with only a few limitations and exclusions.

Deductible
Generally there is no deductible for a personal articles policy, although deductibles are available if desired.

Davee123 · Jan 13, 2017

onespeed said:
The shop I am buying through is offering insurance through them for 150. Making a claim involves a 150 dollar deductible.

Cant understand how he is selling that coverage at those rates when you can get Refresh at 99 and State Fram at 60.

So is it as simple as calling a SF agent in my neighborhood and asking them to insure my drone?

I am in Brooklyn NY. Outside the CA omission for coverage.

Your best bet would either be through statefarm or dji care but the only downside to dji care is you have to recover the drone after some type of accident. So let's say I was flying my drone over a lake and it takes a swim, dji care wouldn't cover it unless I could recover the drone somehow. Where statefarm I would just submit a claim with zero deductible and they would cut me a check

Sent from my iPhone using MavicPilots

GetDatMoney · Jan 13, 2017

I just found out that Staples has drone insurance as well..

Anthony Viscomi · Jan 13, 2017

GetDatMoney said:
I just found out that Staples has drone insurance as well..

Staples the office supply store?

frankiez · Jan 13, 2017

Stefan350 said:
That's weird, my agent gave me a deal for $60 a year with no deductible.

Sent from my iPhone using MavicPilots

Same here but $75/year.

sent from my Galaxy Note4

fcat · Jan 13, 2017

Larry56 said:
Sounds good, however, you may be overlooking the deductible. Each claim you file with State Farm will cost you a deductible and that typically ranges from $500 to $1,000, depending on how your policy is written. Mine is $500 so the $99 Refresh made better sense to me. Hopefully, you won't ever need to use either insurance companies. Have fun flying!

Who told you there was a deductible ?

i have zero deductible on mine and cost me $44 with Statefarm.

Strafe1 · Jan 13, 2017

I have a question about State Farm. If the Mavic is on the personal articles floater, does that remove it from the liability coverage part of the main policy (like if the Mavic causes damage or injury)?

Larry56 · Jan 14, 2017

fcat said:
Who told you there was a deductible ?

i have zero deductible on mine and cost me $44 with Statefarm.

My agent told me. I'm currently in the process of moving/relocating and needed to confirm my coverage during a move (offsite damage). She told me everything was covered but I should try to file only one claim once the move is completed to avoid paying "multiple deductibles of $500 each."

If you all have SF renter's or owner's insurance with absolutely no deductible, then I need to have a serious talk with my agent or switch insurance policies or companies. I, too, have been with SF more than 20 years. If what you're saying is true, I'm seriously being ripped off.

Under this scenario, I would agree using your home owner's or renter's insurance policy would be the way to go, especially if it's $0 deductible per occurrence. And, unlike DJI, you get a new Mavic when it accidentally drops into a lake.

This is exactly why I'm glad I follow these forums. Thanks everyone for enlightening me. I'll talk to my SF agent first thing Monday.

BrooklynFlyer · Jan 14, 2017

onespeed said:
The shop I am buying through is offering insurance through them for 150. Making a claim involves a 150 dollar deductible.

Cant understand how he is selling that coverage at those rates when you can get Refresh at 99 and State Fram at 60.

So is it as simple as calling a SF agent in my neighborhood and asking them to insure my drone?

I am in Brooklyn NY. Outside the CA omission for coverage.

I got my State Farm policy in Brooklyn.
Let me know if you need a recommendation.

Sent from my iPhone using MavicPilots

fcat · Jan 14, 2017

Larry56 said:
My agent told me. I'm currently in the process of moving/relocating and needed to confirm my coverage during a move (offsite damage). She told me everything was covered but I should try to file only one claim once the move is completed to avoid paying "multiple deductibles of $500 each."

If you all have SF renter's or owner's insurance with absolutely no deductible, then I need to have a serious talk with my agent or switch insurance policies or companies. I, too, have been with SF more than 20 years. If what you're saying is true, I'm seriously being ripped off.

Under this scenario, I would agree using your home owner's or renter's insurance policy would be the way to go, especially if it's $0 deductible per occurrence. And, unlike DJI, you get a new Mavic when it accidentally drops into a lake. This is exactly why I'm glad I follow these forums. Thanks everyone for enlightening me. I'll talk to my SF agent first thing Monday.

I have no other policy with state farm, just coverage for the drone with no deductible

Strafe1 · Jan 14, 2017

Larry56 said:
My agent told me. I'm currently in the process of moving/relocating and needed to confirm my coverage during a move (offsite damage). She told me everything was covered but I should try to file only one claim once the move is completed to avoid paying "multiple deductibles of $500 each."

If you all have SF renter's or owner's insurance with absolutely no deductible, then I need to have a serious talk with my agent or switch insurance policies or companies. I, too, have been with SF more than 20 years. If what you're saying is true, I'm seriously being ripped off.

Under this scenario, I would agree using your home owner's or renter's insurance policy would be the way to go, especially if it's $0 deductible per occurrence. And, unlike DJI, you get a new Mavic when it accidentally drops into a lake. This is exactly why I'm glad I follow these forums. Thanks everyone for enlightening me. I'll talk to my SF agent first thing Monday.

Larry,
I believe the no deductible part refers to "personal articles floater" policies, which are different from the standard homeowner's or renters policies. Floaters generally have no deductibles.