You need to insure your drone!

In December last year, a privately owned aerial drone crashed into the grille of a moving vehicle in Belleville, Ont. The collision caused some $1,000 in damage, luckily no one was injured or killed but it’s just one more reason why drone insurance could be a growing area for insurance companies in the very near future.

One such company that sees promise in the space is Intact Insurance. The firm announced this week the launch of a drone insurance specifically designed for commercial businesses. The company claims its UAV (unmanned air vehicle) coverage is a leading product insurance product that caters to small and medium-sized businesses…read more at IT Canada