ISO, Verisk Analytics business, announced this week that its new coverage and exclusion options for commercial drones took effect this month in most ISO jurisdictions, providing insurers with tools to help develop innovative solutions for businesses that may use drones.
The new options, effective June 1, address the growing liability exposures of commercial drones, which have already developed a wide range of potential and reported uses, including package delivery, crop protection and aerial photography.
The options modify coverage under ISO’s Commercial General Liability and Commercial Liability Umbrella/Excess programs.
Six core options are available under each program (three optional exclusions and three limited-coverage endorsements) and can be used to address a number of potential exposures with respect to bodily injury, property damage and other potential liability related to drones.
Source: ISO
Was this article valuable?
Here are more articles you may enjoy.
Toyota Executive Lashes Out at US Regulations Promoting EV Sales 
Analysis Shows Wider Florida Flooding From Milton: 185,000 Buildings Hit 
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings 
Volkswagen Recalling 114,000 US Vehicles Over Airbag Concern, NHTSA Says 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.