Drone Insurance Said to be Set to Drive Industry

Written by Business Success on . Posted in Aircraft liability insurance, Aviation insurance, Aviation insurance agency

Global aviation insurance

Since they were invented and introduced, the popularity of drones has exploded. In the United States, the number of drones is expected to go up from 2.5 million drones in 2016 to as many as seven million in 2020. Accordingly, aircraft insurance brokers are saying that the market for drone insurance is expected to expand dramatically. It is expected to grow tremendously. Recently, the Insurance Journal hosted a webinar, “Drone Insurance: Coverages, Hazards, and Claims” to address this fast-growing part of the aviation insurance industry.

The webinar featured Chris Proudlove (Global Aerospace), Kathleen Swain (AOPA), and Shan Rogers (RT Specialty Aviation, LLC). All three believe