Socovered

Drone Insurance

A decade ago few could’ve predicted just how much our lives would be enhanced by the “expensive toys” in the sky. Drones, or unmanned aircraft, now play an important role in many types of businesses, and the development of drone technology has resulted in a multi-billion dollar global industry.

Drone Insurance

It is estimated that there are between 40,000 and 50,000 drones in South Africa. Almost all those drones are flown by amateurs as there are just 663 Remote Piloted Aircraft Systems in the country, according to the 2018 State of the Drone Report. This can be supported by a finding that almost 10% of drones in South Africa are destroyed on their first flight – and most crashes are due to simple pilot error.

Drones can cost anything from R1 000 to more than R100 000, meaning that, should a drone go missing on a flight, the owner can expect to suffer a substantial financial loss. Based on the number of potential accidents that can happen with drones, it is recommended you take out drone insurance to protect your investment with insurance that covers damage to the drone itself and yourself with liability insurance.

Drone insurance ensures that if your drone is lost, damaged or causes loss, damage or injury to others, you will be covered to a certain extent, depending on the policy.
Drone Insurance

Key Contacts

Why Socovered®

Insurance Cover for Drones

  • Theft and Damage
  • Third party liabilities
  • Hull war exentions
  • Fast response and turnaround times
  • Access to a wide range of insurers including Lloyd's
Why Socovered®

Our Range of Drone Insurance Solutions

weekend

Personal/private use drone insurance

For private operation, a drone may only be used for an individual’s personal and private purposes where there is no commercial outcome, interest or gain.
watch

Commercial use drone insurance

As a trained, licensed and registered owner, you will be eligible for specialised cover available for commercial operators. Commercial use is any use of a drone for monetary purposes.
watch

Pilot excess waiver

As a trained, licensed and registered owner, you will be eligible for specialised cover available for commercial operators. Commercial use is any use of a drone for monetary purposes.

Fun facts for Drone Insurance

We’re hustlers, we get shit done no matter what
devices_other

2331

Drones Insured
store

99%

Claims paid
timer

99%

Client satisfied
favorite_border

14k

Likes on Dribbble