The 'Verifly' App Lets Drone Pilots Buy On-Demand Insurance

By: Joey Haar - Aug 8, 2016
References: verifly & techcrunch
The 'Verifly' app is bringing the very serious world of insurance into the increasingly serious world of drone-flying. Drones are vehicles, and, like any other vehicle, they can get into accidents. Previously, drone pilots would have to pay for damage to their own drone or to someone else's property out of pocket. The Verifly app is an accredited insurer that limits drone pilots' exposure to risk with ease.

With the Verifly app, users can insure their drones on-demand and on a per-flight basis. Before starting out on a flight, users enter an area with a quarter mile radius in which they plan to fly, and the app uses proprietary analysis software to assess a price for insurance, charged hourly. Users can then buy insurance through the app and take their bot for a flight without having to worry about any accidents.