AMA insurance and homeowners insurance will NOT cover commercial usage. Brokers are your Realtors asking the correct questions?
It is imperative that Realtors require the correct paperwork before contracting a drone operator for a real estate listing. There are multitudes of liability and coverage issues that must be addressed before hiring a drone operator. The issues range from personal injury, invasion of privacy, aerial surveillance and data collection. Carriers are currently in the process of developing policies and rates to cover exposures presented by drones. Liability coverage typically includes protection for personal injury, which therefore also covers invasion of privacy. Property coverage broadly applies to the drone and camera.
Homeowners insurance does NOT currently cover an operator flying commercially. Some personal homeowner’s insurance companies are in the process developing riders for drones. Commercial Package Policies are required to fly a drone. Check with your independent agent to see if the brokerage writes this type of coverage. Drones are currently classified as aircraft and require an aircraft type of policy. Real Estate Agents should require a certificate of insurance from an operator. If the Realtor is the operator, then the Realtor should check with his independent agent for protection.
AMA (Academy of Model Aeronautics) membership does NOT provide AMA insurance coverage for commercial use. The AMA only provides personal liability coverage. They have two personal memberships of $2,500,000 personal liability coverage and $500,000 personal liability coverage. Neither plan would provide coverage while a drone operator is filming real estate.
Then there is the question “Does a Realtor hire an operator without a government approval? Currently companies are not requiring operators to provide government approval. But, if the operator injures someone while shooting a listing, it probably will be brought up during the trial process. The Realtor could be liable for hiring an operator without government approval.
The form below is currently the only acceptable evidence of insurance for drone commercial purposes.
AMA CARDS ARE NOT ACCEPTED FOR REAL ESTATE COMMERCIAL PURPOSES.
HOMEOWNERS FORMS ARE NOT ACCEPTED FOR REAL ESTATE COMMERCIAL PURPOSES.