Drone Liability added to Commercial Policy via Travelers

[Dronix]

FYI - for those wondering about costs. I passed the FAA 107 and was looking to fly drones for business purposes for a Real Estate / Insurance Company. The company that I work for has a Commercial General Liability Policy through Travelers Insurance. Travelers Insurance added Drone Liability to our existing Commercial Policy at an annual premium of $225 (no physical damage coverage for the drone). Most Commercial Insurance Policies exclude coverage for drones, so if you pass the FAA 107 and are using drones in a business you'll likely have to pay an additional $225 for Drone Liability to be added onto your Commercial Policy.

 

[LasVegasPilot]

225 a year or month?

 

[LasVegasPilot]

And I just saw "annual" (Palm in forehead)

 

[LasVegasPilot]

How did you get hooked up with the insurance / real estate company? I'm going to take the 107 exam after this semester finals and want in the biz too. Any advice would be greatly appreciated.