Didn't read the full thread, but here's some info if it hasn't been posted already.
$60 / year is the minimum premium for a PAP policy. So even though the cost to insure something might be less than $60...you get bumped to $60 if that's the only item on the PAP. Now...this applies for most states. I can't say definitively if that's for all states as every state has different rules/laws/premiums, etc. Regardless, whatever state you're in, there will be a set dollar figure per $100. So let's say it's $5 per $100 of liability/coverage in your state. That's $50 on a $1,000 drone. But, you'd pay $60 as that's the minimum premium on the policy.
Putting in a PAP claim is a claim. It goes on your record. Enough of those and you will be non-renewed. Also, it shows as a "fire loss". So, even though it's not a homeowners insurance claim, if you go switch your homeowners to a different insurance company they'll see a fire claim and it will likely count against you (just like having a homeowners claim). Not necessarily, as all insurance companies treat claims differently...but it's possible.
*"Fire" is the line of insurance (homeowners, umbrella policies, PAP policies, etc...fall under "fire"), it doesn't specifically mean a fire occurred.
So, use your State Farm or DJI appropriately. DJI will be more expensive, but isn't any sort of insurance claim on your record. State Farm is better/cheaper coverage, but it's a claim. So as someone posted on the first page, it's good to maybe use one or the other depending on your specific circumstance. Too many people are all too happy/quick to submit claims for the smallest things, and then forget that that mark on your Carfax means you'll lose more in the end instead of paying that small amount out of pocket to fix something (for example, regarding car insurance).
Most PAP policies are written with no deductible...but you can have a deductible for a small amount of savings on the premium.