For what it is worth I found this and the responses at THIS web site.
I checked in Mass. and State Farm doesn't write it for drones.
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Be very careful with the State Farm drone insurance policy.
I don't claim to be an expert, however, I have spoken with several insurance agents about this. The $60 policy that State Farm is offering to cover your drone may not be as good as it sounds. First off even if you dont have a home, a claim will count as a claim against a house. If you then go to get homeowners insurance within the next 5 years you will either get denied by some, or have a higher rate. The State Farm agent told me that if I made a claim on this drone then I wouldn't be able to even get home insurance with them for 2 years by default, 5 years max. If you already have home insurance your rates will go up from a claim on a drone. This will end up costing you far more than the price of the drone.
I confirmed this with the State Farm agent, and another agent with a different company. My dad is good friends with the other agent so I asked him for his opinion. He said this policy by State Farm is not at all worth it for a $1k investment.
Like I said I am no expert. Don't come here to argue with me because you want to defend the good deal on insurance you got. I am just a guy trying to save a few of you from making a costly mistake.
Edit: Some people seem upset with this post saying it is inaccurate. The reality is that these insurance policy's vary by state. I live in Missouri. I have confirmed twice that this State Farm policy would count as a claim on a house in the state of Missouri. If you are in a different state ask your agent. Be careful to ask the right questions and make them double check. That is all I was trying to get across with this post.
PURPLEDONGOFTHANOS
39 points·
2 years ago
Insurance agent here. Listen to this man. The agency i work for is owned by a real estate company, so 95% of my customers are new home buyers. If you file a claim for a lost/crashed drone it will show up on your insurance record. It's going to jack up your rate for 3-5 years, depending on the insurance carrier. Everyone should spend the extra money and just get DJI care.
level 2
DoktorKruel
24 points·
2 years ago
As an insurance lawyer, I've been trying to tell people this for a long time. I finally quit posting about it on here after hearing enough idiots tell me I don't know what I'm talking about.
Continue this thread
level 2
vtcapsfan
3 points·
2 years ago
Is this true for all personal article property insurance? Like a ring I have insured, if something happens my way policy is gonna go way up?
level 2
by_a_pyre_light
DJI Mavic Pro3 points·
2 years ago
Except that DJI Care isn't insurance. It doesn't cover a fraction of what a State Farm or Square Trade program does.
- Lose your drone due to a fly away? DJI doesn't cover it. At all.
- Lose your drone due to a power issue in your Spark which drops it some place unrecoverable, which should be a manufacturer's warranty issue except that DJI is a shady-as-**** company? Tough luck - not only will DJI not properly warranty it, but they won't even let you use DJI Care Refresh.
- Someone steal your drone on a trip? Good luck getting that covered on DJI Care.
You know what covers
ALL of those things and
doesn't charge an extra premium?
The State Farm Personal Articles Policy and others like Square Trade.
Continue this thread
level 1
xavier267
15 points·
2 years ago
Contacted my State Farm Agent, that I have my drone insured by and This is what she replied with when I sent a snapshot of this post.
"Hey there! This is actually the exact opposite of how State Farm handles it in Arkansas. Either the agent was confused or that person is located in another state where Personal Articles Policy claims are handled differently. Or both!
One of the best arguments for having a Personal Articles Policy is to keep that item insured separately from your homeowners policy – which benefits you in several different ways. Separate claims history, separate eligibility criteria, separate (much lower) deductible, coverage for many more types of loss, etc.
I have contacted an underwriting partner to make sure I’m not missing anything here, but I think the information you saw posted is totally false for your situation. "
Now. Not saying the OP is liying, just saying people need to call and get the facts before posting.