Drones

UAV's, more commonly known as drones, are appearing in increasing numbers every day. As technology progresses the uses for drones will also increase. Drones come in all sizes but the majority of the fleet is below the 55 pound limit mandated by the FAA to fly under existing exemptions. In January 2016 the FAA rolled out a program in an attempt to register all drones, civilian and commercial, in United States. To get more information regarding the registration of drones please click: https://www.faa.gov/uas/registration/

Whether you're a commercial operator using a fleet of drones or an individual using a drone for fun, insuring it properly should be a top priority. Gulf Coast Underwriters has been insuring personal and commercial drones ever since the first coverage became available. Even the smallest of drones can cause bodily injury and/or property damage, or be accused of invasion of privacy. The typical homeowners policy will not cover a claim caused by a drone. Therefore insuring a drone, regardless of its size, is a wise choice. Gulf Coast Underwriters has a variety of programs specifically designed for drones of all sizes, personal or commercial. Coverages include Liability, Privacy Liability, Physical Damage, and Equipment Coverage.

Gulf Coast Underwriters is one of the first agencies in the country to insure drones and has been a pioneer in the field of drone insurance. For commercial operators some of the biggest questions are; how do you know you have the right coverage? Why do you need specific drone coverage if your business already has a General Liability policy? Does your drone insurance policy cover privacy violations under state law? What about operations over a lot of people such as concerts or sporting events? Will all my employees be covered or just designated operators? Will professional instruction in operating the drone lower my rates?

For an in-depth discussion regarding drone law and insurance please click here to listen to a podcast by Drone Law Nation.

To fill out an online application:

NOTICE TO APPLICANTS

NOTICE TO NEW YORK APPLICANTS: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime, and shall also be subject to a civil penalty not to exceed five thousand dollars and the stated value of the claim for each such violation.
NOTICE TO OHIO APPLICANTS: Any person who, with intent to defraud or knowing that he is facilitating a fraud against an insurer, submits an application or files a claim containing a false or deceptive statement is guilty of insurance fraud.
NOTICE TO KENTUCKY APPLICANTS: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime.
NOTICE TO PENNSYLVANIA APPLICANTS: Any person who knowingly and with intent to defraud any insurance company or other person files an application for insurance or statement of claim containing any materially false information, or conceals for the purpose of misleading information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties.
NOTICE TO NEW JERSEY APPLICANTS: Any person who includes any false or misleading information on an application for an insurance policy is subject to criminal and civil penalties.
NOTICE TO FLORIDA APPLICANTS: Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an application containing any false, incomplete or misleading information is guilty of a felony in the third degree.
NOTICE TO COLORADO APPLICANTS: It is unlawful to knowingly provide false, incomplete, or misleading facts or information to an
insurance company for the purpose of defrauding or attempting to defraud the company. Penalties may include imprisonment, fines, denial of insurance, and civil damages. Any insurance company or agent of an insurance company who knowingly provides false, incomplete, or misleading facts or information to a policyholder or claimant for the purpose of defrauding or attempting to defraud the policyholder or claimant with regard to a settlement or award payable from insurance proceeds shall be reported to the Colorado Division of Insurance within the Department of Regulatory Authorities.
NOTICE TO ARKANSAS and NEW MEXICO APPLICANTS: Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit, or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
NOTICE TO UTAH APPLICANTS: Any person who knowingly presents false or fraudulent underwriting information, files or causes to be filed a false or fraudulent claim for disability compensation or medical benefits, or submits a false or fraudulent report or billing for health care fees or other professional services is guilty of a crime and may be subject to fines and confinement in prison.
NOTICE TO MAINE APPLICANTS: It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties may include imprisonment, fines or a denial of insurance benefits.
NOTICE TO TENNESSEE, VIRGINIA and WASHINGTON APPLICANTS: It is a crime to knowingly provide false, incomplete or misleading information to an insurance company for the purpose of defrauding the company. Penalties include imprisonment, fines and denial of insurance benefits.
NOTICE TO DISTRICT OF COLUMBIA APPLICANTS: WARNING: It is a crime to provide false or misleading information to an insurer for the purpose of defrauding the insurer or any other person. Penalties include imprisonment and/or fines. In addition, an insurer may deny insurance benefits if false information materially related to a claim was provided by the applicant.
NOTICE TO LOUISIANA APPLICANTS: Any person who knowingly presents a false or fraudulent claim for payment of a loss or benefit, or knowingly presents false information in an application for insurance is guilty of a crime and may be subject to fines and confinement in prison.
NOTICE TO OKLAHOMA APPLICANTS: WARNING: Any person who knowingly and with intent to injure, defraud, or deceive any insurer, makes any claim for the proceeds of an insurance policy containing any false, incomplete or misleading information is guilty of a felony (365: 15-1-10, 36 S.S. 3613.1)

Drones

To fill out an online application:

UAV Insurance Application

Step 1 of 7

1. GENERAL INFORMATION

2. UAV INFORMATION:

3. PAYLOAD INFORMATION:

4. GIMBAL INFORMATION:

5. AIRCRAFT USE INFORMATION:

6. NAMED OPERATORS (Include Time Operating Types of Equipment Insured):

7. ADDITIONAL INFORMATION:

NOTICE TO APPLICANTS