It would be great to find out what current operators are doing for insurance or how they are handling any potential liability or questions from agents and sellers about this fact. I’m thinking of asking sellers and agents to sign a liability waiver of some sort until I can get reasonably priced insurance.
I think this is a great question. Some commenters on past posts indicate they have purchased liability insurance for RCMA operation for in the neighborhood of $1500/year while other commenters claim that, that particular insurance does not really protect you from the risks as one would expect. So be sure to carefully check out and verify a policy before depending on it.
A recent article at fastcompany.com posses the question of liability to two aviation personal injury lawyers. That is, "what happens when a UAV filming a sporting event or wedding loses control and hits bystanders?" It sounds like since this is such a new area there is not a lot of clear law in this area. Liability could go beyond just the pilot. The fastcompany.com article further points out that:
Recreational drone manufacturers usually urge buyers to purchase separate drone insurance. For instance, boutique UAV maker Lift Off UAV includes a request that customers insure themselves with every purchase. Lift Off specifically notes that model aircraft are not generally covered by liability insurance. The line between model aircrafts and drones is blurry because of the availability of cheap, high-powered cameras and GPS units that turn even the most modest remote controlled aircraft into a sophisticated self-flying tool. And model aircraft already cause a number of injuries each year, according to an insurance report by the American Model Association, approximately 35 claims annually are presented to the AMA, which insures model airplane enthusiasts. Approximately 20 are property damage and 15 involve bodily harm.
What are those of you that are flying RCMA for real estate purposes in the US doing to protect yourself against liability?