Verifly – The Easiest Drone Insurance Available

“Tomorrow? You want me to take photos of the solar array tomorrow?” I exclaimed. “Give me some time to do a little research and I’ll call you right back.”

I had just received my first call with a prospective client for a commercial drone job. What through me for a loop was that they needed the operation done ASAP, which in this case meant the next day.

I quickly checked the two most important aspects of the operation:

  1. Did I need any airspace authorization?
  2. Could I get insurance…and how much would it cost me?

Within 5 minutes I called the client with a bid for the job. Those two questions were simple: it was Class G airspace so no authorization required, and the insurance would only cost $15 for one hour.

Introducing Verifly

 

Verifly is an on-demand service providing drone insurance that launched in August 2016, by two seasoned Entrepreneurs (CEO Jay Bregman and CTO Eugene Hertz).

I first learned about it in October of 2016, and downloaded the app with the idea that I could get insurance for any commercial job I may get in the future.

As a newly certified Remote Pilot (I passed the Remote Pilot Knowledge Test in September of 2016), I had slowly begun piecing together the parts of a new drone services business.

This included figuring out how to get drone insurance for commercial jobs. And this is where Verifly comes into the equation.

Features & Benefits

For startup drone operators, Verifly is a no-brainer. Hands down, it’s one of the most effective tools when starting your drone business.

There are some really big advantages to using Verifly vs traditional “annual insurance” policies.

Speed

  • This is truly on-demand insurance, where you can pull up the app, and purchase a policy with 5 minutes after filling in your information
  • The process for traditional “annual insurance” is lengthy, and to be blunt – quite frustrating as most carriers don’t have a streamlined application process

Cost

  • There are plans for $1.0 million in liability insurance for 1 hour for $10
  • As a drone operator with a new business, keeping overhead costs low is essential. Purchasing insurance thru Verifly on a per “job” basis keeps everything affordable as you start building the business

Ease of use

  • Simple way to add insurance as a “line item” on a quote for drone services rendered to a client
  • Can pull it up on an app within 5 minutes, on the job site
  • Email the client a copy of the full policy when purchased

Multiple coverage options

  • Liability insurance limits of $1.0 million or $2.5 million
  • 1/4 or 1/2 mile area
  • 1, 4 or 8 hour coverage durations

Multiple drones

  • All your drones are covered under a single insurance plan, just as long as only one is flying time
  • Traditional “annual insurance” has additional costs for each drone you add to the policy

Who it’s for

  • Commercial drone operators
  • Recreational drone operators

How it works

Step 1: Determine the location for coverage

Step 2: Set coverage limits and duration

Step 3: Purchase Coverage

Step 4: Email Insurance Policy

Simple.

Conclusion

Jay Bregman says that Verifly can “save you money and hassle, no matter where you are in the spectrum” of drone operators.

Verifly is available in 48 states, and delivers on Jay’s message.

Whether you are a new commercial drone operator, or a recreational operator – Verifly is a great and easy way to get insurance coverage.

Next Steps

  • Download app for iOS or Android devices here.

 

4 thoughts on “Verifly – The Easiest Drone Insurance Available”

  1. It’s great that Verifly is now available in Minnesota, but the MnDOT Aeronautics Division will not accept it as commercial drone operators insurance. They want Annual Liability coverage in order to be compliant with them to fly in Minnesota airspace.

  2. Two questions:
    1. The weight limit displayed in the screen capture for Step 2 – Is that a selected weight you choose, or
    is that the limit of weight they will cover.

    2. Same Step – States flying over 400′ is not covered. Does that allow for the 400′ above tallest
    structure if you’re flying next to a structure for inspection services, etc.

    Thanks

  3. Using Verifly insurance has given me a peace of mind when flying. I started using it once I got my sUAS license and still use it today. It really is easy to use and provides my customers a peace of mind too.

  4. I echo Bruce Christianson’s issue about Annual Liability. Large clients may have an issue with a “come as you are,” policy.

    The lack of “Hull Insurance” for Verifly as a package reduces its value to me. When I last checked, Verifly does not include the State of NY. Bummer.

    Re: Flying indoors. Seems that restriction is likely legalese for “events or where people are likely to be..???” Not all “indoor flights” are equal. In the commercial sector “indoors can often be large plants, manufacturing spaces, warehouses, shipyard sheds, and fabrication spaces. NOT involved with the liability of people. It ought to be specific not one size fits all.

Leave a Reply

Your email address will not be published. Required fields are marked *