Startups

On-demand drone insurance now available in Delaware

Verifly offers coverage for your drone, but only when you actually need it.

A DJI Inspire 1 drone is one of several tools used by Delaware's GooseView Technologies. (Photo by Flickr user DFSB DE, used under a Creative Commons license)

When I was little, I wanted a remote control car because it was a toy that actually did something.
Well, present-day family toys seem to be a little different: My dear friend Marla just went on a family vacation in Vermont and her family bought a drone.
Dinging up living-room furniture with your Tyco Rebound is one thing, but drones take it to another level. Marla’s family took turns playing with the drone, sending it higher and higher each time. That is, until her brother got a hold of it. That was when the drone got stuck in a tall white pine tree.
This is where drone insurance would have helped.
The New York-based Verifly launched this week, and that’s just what the startup offers.
“Coverage starts at $10 per hour, and rises based on flying conditions, like wind speed, and nearby landmarks, like schools and stadiums,” reports Fast Company. “If the drone crashes, Verifly covers up to $1,000,000 of injury to people and property, in addition to $10,000 for invasion of privacy.”
The service is available in Delaware, according to the company. The rising popularity of drones in the hobby market here may make the First State an attractive market for the startup. No offense, Vermont.

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