How Insurance Can Add Value, Confidence And Assurance To The UAS Resale Market

How Insurance Can Add Value, Confidence And Assurance To The UAS Resale Market

Sales of used Unmanned Aerial Systems (UAS) are becoming more common and in the future will involve systems that are much larger, carry substantially higher value along with a lot of potential liability. When they see articles like those outlining Uber’s plans for passenger carrying drones, insurance underwriters naturally begin calculating the loss potential and related exposures like products liability and future liability arising from the resale of drones by their insured’s. And when passenger carrying begins, how will the General Aviation Revitalization Act (GARA) play into the equation? […]

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