In efforts to accommodate the growing drone user market, venture-backed Verifly is making drone insurance on-demand by way of its new mobile app.
The application, available for Android and iOS, allows pilots to purchase drone coverage by the hour. A quarter-mile circle is drawn around users upon opening the app, signifying the operator’s coverage area. A quote is then generated based on risks in the vicinity, including schools, landmarks and weather. Coverage can cost as little as $10 per hour. Insurance for accidental invasion of privacy of up to $10,000 is also included, according to Verifly co-founder Jay Bregman.
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