purchase loss insurance

[Racin8de]

I have both AMA membership and State Farm personal property insurance. For $60/yr it covers my drone for complete loss with zero deductible for what I paid on the receipt I gave them. They photo'd my drone, S/N, controller, accessories and carry case. AMA is basically accidental liability insurance but it is required if you fly at an AMA Club RC field. Like this one which I'm a member of... GAMA - Home

We are a chartered club of the Academy of Model Aeronautics.

When anyone becmes an AMA member that person automatically is covered if their drone, plane, heli etc. causes damage to someone elses property. Its comes with the membership

 

[Drbobk]

State Farm will not cover you if you are Part 107.

 

[Former Member]

State Farm will not cover you if you are Part 107.

I think it depends if you are doing a 107 flight or not.

 

[Drbobk]

According to my agent, the drone itself is like a commercial vehicle. Once you use it for commercial purposes, it’s “branded” as a commercial vehicle and their normal $60 policy doesn’t cover it. I’d like to know if that isn’t the case. They said if you register it on your 107 list of drones, it’s out.

 

[kensteele]

Did you read their policy? did you buy it with out knowing what it will cover?

just trying to promote conversation on the topic....feel free to jump in!

 

[kensteele]

I have both AMA membership and State Farm personal property insurance. For $60/yr it covers my drone for complete loss with zero deductible for what I paid on the receipt I gave them. They photo'd my drone, S/N, controller, accessories and carry case. AMA is basically accidental liability insurance but it is required if you fly at an AMA Club RC field. Like this one which I'm a member of... GAMA - Home

We are a chartered club of the Academy of Model Aeronautics.

thanks for the info. i just signed up for state farm and i did it completely over email so i haven't seen anything in writing. no photos, no serial numbers, nothing....except a receipt. still waiting for the paperwork.

 

[kensteele]

According to my agent, the drone itself is like a commercial vehicle. Once you use it for commercial purposes, it’s “branded” as a commercial vehicle and their normal $60 policy doesn’t cover it. I’d like to know if that isn’t the case. They said if you register it on your 107 list of drones, it’s out.

agreed. this is part of email conversation with my state farm agent:

"...And can’t be used for business use: Drone is for recreational use only; not for business"

 

[Former Member]

According to my agent, the drone itself is like a commercial vehicle. Once you use it for commercial purposes, it’s “branded” as a commercial vehicle and their normal $60 policy doesn’t cover it. I’d like to know if that isn’t the case. They said if you register it on your 107 list of drones, it’s out.

There are always workarounds. Get one policy for recreational 336 use. Then get this

Product - SkyWatch.AI Mobile App

SkyWatch.AI's mobile app is an easy way to get drone liability insurance for commercial pilots (FAA part 107 certified). It includes a smart system that helps cut down drone insurance costs as well as a flight planning and risk analysis features.

www.skywatch.ai

 

[ScheisseKopf]

State Farm insured my Mavic Pro for $14 p/y but there is a minimum of $75 in Florida,
so I tack on my wife's jewelry till I hit $75. You can add multiple drones and cameras.
I tried to add bicycles but that did not fall into personal property. You have to see an agent.

 

[Rondal]

USAA is a great company, had them for 63 years covering home, auto , and photo gear - BUT no drone insurance.
Spoke with the home office in San Antonio and said no thought about changing their policy at this time.

Too Bad

 

[Former Member]

USAA is a great company, had them for 63 years covering home, auto , and photo gear - BUT no drone insurance.
Spoke with the home office in San Antonio and said no thought about changing their policy at this time.

Too Bad

And like a good neighbor... do you know the song?

Call and ask for Heather.

Heather Buford

903 887 7555

 

[tleedom]

AMA coverage by type of membership.

AMA benefits	Full membership	Park Pilot membership	Three-month trial membership	Free Youth membership
	SIGN UP	SIGN UP	SIGN UP	SIGN UP
INSURANCE
$2,500,000 personal liability insurance coverage
$500,000 personal liability insurance coverage limit
$25,000 Medical Coverage – AD&D Policy ($10,000 Death Benefit)
$1,000 Fire, Theft, and Vandalism coverage
Access to low-cost commercial liability insurance learn more >

 

[jacquespa]

USAA is a great company, had them for 63 years covering home, auto , and photo gear - BUT no drone insurance.
Spoke with the home office in San Antonio and said no thought about changing their policy at this time.

Too Bad

I got the same response a few months ago. They did say it would be covered under personal property for things such as theft or fire loss.