Drone insurance

Solutions for commercial and private drone users
Allianz Global Corporate & Specialty (AGCS) provides drone insurance for operators, manufacturers, distributors, repairers, flight schools, and more. We also cover liability issues arising from drone use.

Unmanned aircraft systems (UAS) or drones have the potential to both solve problems and save costs in future across a number of industries, throughout the developing world and in disaster relief scenarios. Growth projections for the sector are significant as drones become cheaper to purchase, smaller in size and easier to operate. In fact, the drone industry is regarded by many as the most dynamic growth sector of the global aerospace industry.

However, as civilian and commercial use of drones rapidly increases and continues to evolve, the potential for misuse of this technology needs to be considered. Advances in technology are inevitably accompanied by a host of new and little understood risks. There have already been enough incidents and near-misses to date involving drones to generate concern that the likelihood of collisions and other loss events will grow as UAS numbers multiply.

The Allianz Global Corporate & Specialty (AGCS) report "Rise of the Drones - Managing the unique risks associated with unmanned aircraft systems" examines the key issues and trends underpinning rapid growth in usage of drones and provides insight into the potential risk exposures related to their deployment in the private, public and commercial realms.

Download the full report

We offer comprehensive drone insurance for private and commercial operators, manufacturers, distributors and repairers, and flight schools and training facilities. We also cover drone service consumers that hire drones and drone operators to fly on their behalf, covering physical damage and/or liability arising from the use of drones.

Because our clients range from private hobbyists to commercial operators, our services can be tailored to both meet your drone insurance needs and fulfil the legal requirements of aviation authorities.

  • drone hull insurance for physical damage to the machine, cameras, sensors and control stations
  • aviation third party legal liability insurance for drones and flight models
  • aviation commercial general liability (CGL)
  • drone manufacturer insurance for liability (aviation products liability)
  • non-owned aviation liability
  • cover for aerial system, remote control and additional equipment (e.g. camera, surveying equipment)
  • flight accidents
  • damage by direct impact of lightning strike, landslide, earthquake, rock-fall, high water, flooding, hail, avalanches, snow pressure and storm
  • fire and explosion
  • theft, robbery and unauthorized use by persons outside the company
  • damage and destruction by persons outside the company
For high-priced, commercially-used drones, we recommend additional hull insurance, which covers the drone's aerial system, remote control and additional equipment.
  • flight accidents
  • damage by the direct impact of lightning strike, landslides, earthquakes, rockfalls, high water, flooding, hail, avalanches, snow pressure and storms
  • fires and explosions
  • theft, robbery and unauthorized use by persons outside the company
  • damage and destruction by persons outside the company
The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.
James Van Meter, AGCS drone expert and Aviation Practice Leader joins our regular podcast to talk about the potential  growth of the drone industry, the different ways in which drones are used commercially and the risk and regulatory implications for users.

Annual survey identifying business risks

Technology is breeding new threats as well as business models. Traditional risks such as natural catastrophes continue to challenge while other threats such as cyber, neck-and-neck with business interruption at the top of the Allianz Risk Barometer 2019 for the first time, reputational risk, increasing exposure to intangible assets and volatility and consolidation in the corporate environment evolve daily.

Top 3 global risks in the Aviation sector in 2019

  1. Cyber incidents (43%) - 2018 rank: 2 (44%)
  2. Business interruption (37%) - 2018 rank: 1 (45%)
  3. Changes in legislation and regulation (36%) - 2018 rank: 4 (26%)
Allianz operates as an international insurer on almost every continent. Find Allianz in your own country/region.
With the Allianz network AGCS provides services in over 200 countries and territories.