How To Navigate The Cloudy Skies Of Drone Insurance
Law360, New York (November 2, 2015, 1:23 PM EST) -- The evolution of the commercial drone industry has opened up a world of business opportunities, as well as a new realm of often misunderstood risks. Here, experts discuss the potential liabilities drone operators face and offer advice on where to turn for insurance coverage.
First-Party Property Damage
While in flight, a drone faces all manner of obstacles that can cause serious, perhaps even crippling, damage.
Due to the still-developing regulatory regime around drones, it is unclear whether traditional first-party property policies would respond to cover physical damage to the devices, attorneys say. Those policies generally contain an exclusion for claims tied...
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