An hourly policy can start from as low as $5/hour, depending on your safety score and insurance experience.
The price of an hourly policy is based on potential flight risks (as defined at the flight planning screen), liability limits, and coverage duration. Hourly quotes can be found directly through the SkyWatch.AI mobile app.
A $1M liability monthly plan starts at $22/month. After each month (or 3 hours) of safe flying with SkyWatch.AI, an insurance experience discount is automatically applied. By the 6th month, a 25% discount is applied, bringing the liability rate to $16.50/month. If you choose to obtain a safety score discount, this will be added on top of the insurance experience discount. See how your monthly price can vary based on your insurance experience and safety score here.
An annual plan of $1M in liability begins at $264/year. Safety Score discounts of up to 30% can be applied to annual policies as well.
Hull rates can be added to and annual plans. Annual hull rates are 8% of the insured value of the drones. This price is added to the liability price to give you a total monthly rate.
For more information, or a personalized quote, please contact Canada@skywatch.ai.
You can also request a quote directly from the Drone Insurance Setup Page.