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- Aug 15, 2016
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Hi WilliamThese are great additions, I look forward to your rolling them out. Suggested further additions might be the larger liability and hull insurance (such as $2M or $3M) for shorter flight increments, maybe 20 minutes, 30 minutes, and 45 minutes of coverage? There are circumstances where I can see this being useful, such as using larger fixed wing drones for SAR or surveying (sorry if off-topic for a DJI Inspire quadrotor UAS forum). Also, the ability to schedule insurance some period in advance (and I understand your actuarial process is in real-time, but perhaps you could make the policy cancellable upon NOTAM or TFR changes, with notification to the Pilot)?
Great points. I totally understand your suggestion around shorter time periods (though I can't help but saying that we think hourly insurance is already a pretty short increment!). On liability, we will be rolling out a $2.5m option. Hopefully that will be enough coverage for most situations.
For surveying, I'm curious about the coverage area. Our new larger area is a 1/2 mile radius (so max 1 mile in a direction). Would that be adequate for your needs? Also, how big are those fixed wing drones? Our limit is 15 lbs today.
Pre-purchase is complicated but we are working on it.
Thanks for all this great feedback.
Cheers
David