Why get Drone Insurance with the Thaiger?
We make drone insurance simple and to the point so that you can choose the best insurance for yourself in several easy steps. With only a few clicks, you can give your expensive gear the best protection from unwanted accidents and damage.
What is drone insurance?
Whether you use your drone for recreational or commercial purposes, drone insurance provides you with financial protection should your drone cause injury to other people or damage their property. Accidents can happen even if you think you have great control over your drone. It could malfunction and fall, veer off course, or you can lose control unexpectedly. When these accidents happen and your drone lands on a person or property, you could be responsible for any injuries or damage. This is where drone insurance comes in handy. With drone insurance, both the damage of your drone due to the fall and the claim from the person injured (or whose property got damaged) will be covered.
Why do I need drone insurance?
According to the official announcement of the National Broadcasting and Telecommunication Commission (NBTC), everyone who posses a drone has to register their drone at the NBTC within 30 days referring to the receipt date. In case of delay, the register must pay a 2,000 Baht fine.
You can register for the NBTC license here (about 214 THB / per drone, including VAT).
Many people may think that purchasing drone insurance is a waste of money. It may not sound as important as ensuring your health, and a drone might not be as expensive as your property to need substantial insurance. However, accidents can happen, even to your drone and it can be costly. You will have to deal with the financial burden without insurance. Therefore, it is worth investing in a drone insurance policy no matter why you have a drone or what kind you own.
Should you lose control of your drone and it falls to a person or their property, drone insurance will cover you both for the drone and the person.
Peace of mind
Having drone insurance can give you peace of mind each time you prepare your drone to fly. Forget about any financial consequences should anything happen to your drone.
In some countries, such as Thailand, it is a legal requirement to have drone insurance. This mostly applies to commercial drones.
Get coverage for Third-party bodily injury or property damage coverage in the event of a drone-related accident.
Accidents leading to injuries will be covered either through a lump sum or benefits like medical expenses.
What you need to know about drone insurance
Before you purchase drone insurance, or even the drone itself, doing a little research can help you find the best way to protect it. We have compiled several things you need to know about drone insurance to get you started.
The process is simple and intuitive. It took just 20 minutes to purchase “third-party liability insurance” for my drone!
Great drone insurance – satisfying service that comes with a great price. I’m sure I will also be using other services from the thaiger in the future.
I have always been looking for this services in Thailand but always thought that it was a policy for only Thai people, The Thaiger seems to give the cover I was looking for, however, I would like to ask more questions regarding to this product.
Detail of the coverage is very well explained and cover my needs. Have already enquired a few days ago, hope I will get a reply soon.
We spend a lot of money getting our drone so if anything were to happen to the drone, it would be a complete waste. I have already inquired for this service thank you.
Getting insurance for my drone is a must. I’ve been looking for drone insurance for a while now, but I’ve always failed to purchase one. I hope this time the thaiger follows through with my request.
Types of Drone Insurance
There are two main types of drone insurance available, which you can choose depending on the level of protection you need. You can combine these drone insurance types to ensure that you are fully protected.
Pay-as-you-fly drone insurance or PAFL, sometimes known as hourly drone insurance on-demand, allows you to pay for drone insurance only when you fly your drone. It covers you from 1 hour to a full day, though in some cases it may cover you for a week at a time.
- Provide covers either per flight (one hour to a full day) or up to a week at a time.
- Instant coverage.
- Best for amateur and hobbyist drone pilots who just want to have a fun time flying or are planning a holiday and want to take some aerial photographs.
- Generally works out cheaper than an annual policy, particularly if you don’t fly your drone regularly.
With monthly drone insurance, you have full control of direct and easy monthly payments. You can also enjoy month by month changes for hull and liability coverage. If you want to add rented drones and equipment during your drone operations, you may also be covered by the insurance.
- Easy monthly payments.
- Best for frequent drone flyers.
- Allows you to fly with any controller or app.
- Allows you to modify the coverage month by month.
Annual drone insurance is mostly more comprehensive than other types of drone insurance. It is suitable for more frequent users, and it may cover more than one drone. Since it covers you for an entire year, you will have peace of mind knowing that you have the correct insurance already in place should an impromptu work opportunity occurs.
- Works best for frequent flyers, particularly those who use their drone for business.
- The full policy has you covereded whether you are transporting your drone, safely storing it, or flying it.
- Can work out cheaper if you fly more than seven days per year.
- Many insurers reduce the hull rate for annual plans.
The Thaiger’s Partners
Drone insurance is an expensive way to protect yourself against the unexpected.
I thought I would never use my drone insurance as I always have complete control over my drone, but then I crashed my drone and wrecked it. The insurance covers all the expenses needed for me to repair my drone!
Top tip: Identify what you need and choose the right plan that fits your budget.
Why the Thaiger?
The Thaiger and our partners have extensive knowledge of drone insurance, making it easier for you to decide what premiums you want.
We understand how complex drone insurance can be, therefore, we are ready to help you navigate through the process and procedures.
Other Recommended Insurances
Besides drone insurance, we at the Thaiger have a wide range of products and services, check out some of them in the link below.
Once you successfully set up your business in Thailand, it is important to protect it. Have peace of mind running your business and achieving your goals with business insurance.
Family Life Insurance
To protect family members in a single account, a life insurance policy combines whole life with term life insurance. The principal’s policy is for an entire lifetime, while the husband/wife and children are covered for a reduced amount on a term basis.
Drone Insurance Coverage to Consider
A wide range of drone insurance coverage is available. You are free to choose the coverages you want and combine them to get full protection.
Drone Liability Insurance
Aviation liability insurance is similar to most types of liability insurance. It protects you in the same way standard car insurance would, meaning that your policy will protect you against third-party claims or injury or property damage. For example, if your drone accidentally fell and crashed into someone’s car, the policy will cover the financial aspects should the person make a claim or sue you for the damage.
Hull Coverage Drone Insurance
Hull coverage covers your actual drone. Should your drone need repair due to an unexpected accident or replacement in the case of a total loss, hull coverage drone insurance will cover the expenses. It may also cover any related costs.
Personal & Advertising Cover
Personal and advertising cover protects you against the damage and losses resulting from defamation, libel, slander, or violation of privacy rights. It is generally useful if you fly over private property and take photographs or videos. Should the property owner sue you for violation of privacy, this cover will protect you from the person’s claim.
Medical Payments Coverage
Should your drone injure someone, you could be responsible for the medical costs, which can be thousands or even tens of thousands of dollars. With a medical payments insurance policy, the hospital’s expenses are covered.
Cyber Liability Cover
Hackers can take over your drone or camera attached to it. If you are using your drone for business operations, you would be held liable regardless of whether or not it is your fault. Cyber liability coverage can cover you for this.
Want to take your drone overseas? You can consider international cover. With international cover, you can take and operate anywhere in the world (subject to certain excluded territories). Storing and transporting your equipment may be covered as well.
Personal Accident Insurance
As much as we don’t want it, an accident can occur at any time, without any warning. It can happen to your drone, and it can happen to you. If an accident to your drone can cause significant damage and financial burden, imagine what it can do to you. Getting into an accident can cause serious harm to your body and significantly impact your finances. Not only can the treatment be expensive, but it may also affect your earnings in the future if it causes you to suffer from any form of disability. Purchasing personal accident insurance is essential to protect you and your family from such situations.
Having personal accident insurance will give you and your family the needed financial assistance should an accident that leads to bodily injuries, temporary or permanent disability, and even death occurs to you. Personal accident insurance will protect not only you but also your loved ones and those dependent on you.
Frequently Asked Question About Drone Insurance
Yes, there are extensive drone insurance covers for both. You can add them to your chosen policy.
This depends on your location. In Thailand, all drones must be registered and insured if they have a camera and weigh more than 2 kilograms or more.
For annual policies, you can cover multiple drones up to your material damage cover’s maximum value.
The National Commission on Broadcasting and Telecommunications (NBTC) has announced the need for registration of all drones in Thailand. If not, the owner of a drone may face a prison sentence of five years or a fine of up to 100,000 Baht. Tourists can carry drones to Thailand with them.
This depends on the specific policy you choose. If you get the annual policy, then your new drone will be covered.
Here are the most important rules to know for flying a drone in Thailand, based on our research and understanding of the regulations.
All drones are required to be licensed and insured if:
-Have (regardless of weight) a camera, OR
-Weigh 2 kilograms or more (4.4 pounds).
-Drones weighing more than 55 pounds (25 kilograms) must be licensed with the Transport Minister.
Except under the supervision of the legal representative (drone weight below 2 kg) or 20 years of age for drone weight between 2 kg and 25 kg, drone pilots must be older than 18 years of age.
-The drone pilot must maintain a visual line of sight at all times for their drone.
-It is not necessary to fly drones near manned aircraft.
-Drones must be flown only when the drone needs to be clearly seen between sunrise and sunset.
– Drones shall not be flown near to any human, car, building or building within a distance of fewer than 30 meters (100 feet) horizontally for drones weighing not more than 2 kg and less than 50 meters (150 feet) for drones weighing not more than 2 kg but weighing not more than 25 kg.
-Drones must not be flown without permission in restricted areas.
-With the exception of special permission, drones cannot be flown within 9 kilometers (5 miles) of an airport or temporary airfield.
-Drones larger than 90 meters must not be flown (295 feet).
Flying a drone is legal in Thailand, according to Thailand’s national aviation authority, the Civil Aviation Authority of Thailand (CAAT), but we recommend that you be aware of and compliant with the drone regulations listed below before doing so.
Commercial drone insurance is equivalent to most other forms of liability coverage that protects you from personal injury or property harm claims. If your drone is lost or damaged in an accident, all losses and expenses incurred up to your declared cap will be covered by the insurance provider.
Inquire Now to Receive your Drone Insurance Quotes