Can Be Purchased Via Mobile App Per Flight

A start-up company is helping operators of small UAVs satisfy the FAA's requirements for insurance by offering per-flight, by-the-hour policies purchased using an app on their mobile devices.

The company is called Verifly. In their media kit posted online, they say they offer on-demand drone insurance starting at $10 an hour through a simple, easy to use app for recreational and commercial users.

Verifly combines mapping technology and real-time conditions to advise users of potential flying risks.

The company uses geospatial mapping to assess the risks of flying a drone based on location and current conditions to provide a real-time quote. With two taps, users purchase third-party liability insurance instantly through the simple and intuitive Verifly app.

Verifly’s next-generation model offers $1,000,000 in liability coverage and $10,000 in Invasion of Privacy coverage. It is the first on-demand drone liability insurance option for all types of consumers, both recreational and commercial. It is available for both iOS and Android devices.

(Screen Shots from Verifly media kit)

FMI: https://verifly.com