Remotely piloted aircraft systems (RPAS), are increasingly being used for commercial purposes by many industries such as real estate agents, surveyors, cinematographers, loss adjusters, power line inspectors, the farming industry, agricultural services and for flood mapping purposes.
In 2016, the Civil Aviation Safety Authority (CASA) relaxed regulations to reduce the cost and legal requirements around the use of certain RPAS. This presents an opportunity for many businesses across the country who wish to adopt this emerging technology. Over time they will be standard fare for many industries, but as they are subject to specific aviation regulations it’s important to be appropriately covered for the specific risks and exposures.
Dedicated cover for commercial drone operators
QBE is proud to offer a leading dedicated RPAS insurance cover, created specifically for drone operators. As one of the pioneers of RPAS coverage in the country, our underwriters and product specialist have designed the policy using their depth and breadth of knowledge of the specific risks associated with drone operations. This new policy is broad, uses industry language and is backed by QBE’s approach to safety and airmanship.
Why RPAS Cover?
There are a number of risks owners and operators of commercial RPAS should consider when protecting their assets and third-party liability.
- Accidental damage coverage includes damage that occurs whilst in flight. The policy will also extend to cover road transit whilst in the insured care, custody or control for specified events.
- Ground risks only cover is also available if required.
- Third Party Liability (TPL) cover binds to each RPAS individually. TPL will cover bodily injury or property damage as a result of an RPAS accident.
- TPL can also cover bodily injury or property damage caused by an occurrence in connection with your client’s RPAS business.
Summary of cover
|Section 1: Loss or damage to RPAS||
Provides cover for accidental loss or damage to the RPAS. This includes cover whilst the RPAS is in transit by road.
And RPAS is made up of
|Section 2 (A): Liability to Third Parties - RPAS Flight Operations||
Protects the insured for their legal liability for third party bodily injury and/or third party property damage during an RPAS flight.
This extends to cover liability for the remote pilot on the ground.
|Section 2 (B): Legal Liability to Third parties - RPAS Ground Operation||
Protects the insured for the legal liability in connection with their RPAS business operations on the ground.
This section also includes an extension called ’Privacy Liability’. This protects the insured for claims against an invasion of privacy that may be contained in an advertisement, broadcast or telecast.
|Cover for Electronic Data||There is now an option to cover loss or damage to the electronic data or electronic media contained in the RPAS.|
The summary above is prepared for clients of QBE. It provides general information only. It does not take into account matters specific to your business.
Pay as You Go RPAS Cover
QBE Australia, in partnership with Precision Autonomy, is trialling Australia’s first pay as you go insurance for CASA ReOC holders - pay.per.fly.
RPAS operators who sign up for pay.per.fly, automatically receive ground cover to protect their assets on the ground and can use the pay.per.fly app to access hull and liability cover at the point of flight, payable per-flight-minute.
Pay.per.fly has been designed to promote safe airmanship and easy cash flow management for operators looking to manage and grow their business efficiently.
Learn more here: https://www.precision-autonomy.com/qbe
The QBE Aviation Claims Team
QBE claims service complements this cover. Located in Australia, our claims team has aviation expertise and industry contacts. We have the resources and skills to provide help and support when it matters most. As an intermediary or policyholder of QBE, you can expect consistently good service and proactive case management.
QBE are market leaders in the aviation industry in Australia. We have been underwriting aviation in Australia for over 55 years and RPAS/UAVs /drones for over 10 years. We work closely with industry bodies such as CASA, The Australian Transport Safety Bureau (ATSB) and Australian Association for Unmanned Systems (AAUS) to improve aviation safety in Australia.
Want to know more?
Speak to your broker or, if you need a broker see our guide to finding the right broker.
Drones and Insurance: The Sky is the Limit
From an aviation insurance perspective, it’s clear the drone revolution is disrupting major industries. With every business opportunity comes challenges and new risk exposures, which businesses, insurers, brokers, regulators and the community will need to face together.
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Top four reasons for drone accidents
This spike in popularity RPAS has left many operators liable and exposed to risks including damage to people and property. Here is the insight into the most common reasons for RPAS accidents.