With SkyWatch.AI policies you are responsabile for liability premiums and hull coverage premiums.
The liability premium is calculated based on your liability limit. For one month of coverage with a $1M liability, the premium is $62. You can find more about monthly liability premiums here.
With hourly plans, your liability premium depends on your coverage territory. When mapping out your flying space in the app, you will see the premium price change depending on location and duration.
With adding hull coverage, which provides against physical damage to the drone and equipment, onto a monthly or annual plan, there is an additional hull coverage premium to be paid.
For monthly policies, hull coverage is calculated at 1.16% of the drone's insured value. On annual policies, the premium is calculated at 8%.