Setting up a drone photography business is no easy feat. Even if it’s pretty high in demand, plenty of professional photography companies have begun including drone photography and videography services to their lineup. In addition to this, plenty of amateur photographers have taken to trying out drone photography.
Because of its affordable technology, it’s very easy for them to try out drone flying by themselves. There are plenty of factors that can get in the way of you opening your own drone photography business, but if you’re determined enough, you can make it.
While there are plenty of guides that talk about the requirements of opening a drone photography business, one of the most important things that you should take into consideration is drone insurance.
For example, what kind of insurance should you have for your drone? Is it really important? If you’re going to take your drone business seriously, you definitely need insurance for your business. Here are some things that you need to know about drone insurance.
Do I really need it?
Well, in a nutshell, yes, you do need insurance for your drone. Let’s put it this way. Opening up your own drone business must have taken you thousands of dollars in starting capital alone. One of the biggest expenses in starting a drone business is purchasing the actual drone itself.
Since you’re looking to sell your photos on a professional level, you probably purchased one with a really great camera, and these don’t come cheap. Purchasing drone insurance helps guarantee that if anything happens to it, you’re covered. It’s all about protecting your assets in case anything happens.
What kind of risks is my drone exposed to?
Believe it or not, you drone is exposed to plenty of risks everytime you take it out for a flight. No matter how good of a drone pilot you are, it only takes one unplanned factor to bring your drone down.
Of course, there are safety guidelines and regulations in place to help make sure that nothing bad happens, but nothing is exactly set in stone. Something as simple as rain, or a particularly strong gust is enough to send the whole thing crashing.
Types of insurance
There are two types of drone insurance that you can look into: hull insurance, and liability insurance. Hull insurance covers the drone and other equipment associated with it. So if your drone and/or equipment get damaged, you’re covered. Liability insurance covers any damage caused by your drone, whether it’s to a person, or property.