Unmanned Aerial Vehicles: Casualty Coverage Implications

Businesses are increasingly using unmanned aerial vehicles (UAVs), commonly referred to as “drones” and are incorporating them into their everyday operations. In fact, commercial spending on drones is expected to exceed $100 billion by 2020, according to Goldman Sachs. Although drones can boost efficiency and provide other benefits for businesses, their use can bring about significant liability risks.

How various insurance policies protect against drone risks is evolving. In “Unmanned Aerial Vehicles: Casualty Coverage Implications,” we provide a snapshot of the current insurance issues to help you understand what’s covered and how to best manage potential risks.

We explore how drone liabilities are covered under these insurance policies:

• General liability.
• Aviation liability.
• Umbrella liability.

We also provide an update on recent Federal Aviation Administration rules and regulations governing drone use and provide recommendations on how to approach insurance coverage.