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  • AIG has an insurance policy for your drone

    by 
    Jon Fingas
    Jon Fingas
    10.27.2015

    Owning a drone is sometimes a harrowing experience all by itself, but it can be downright agonizing if your robotic pride and joy gets into an accident. It's not like you're likely to replace an expensive 4K drone on a whim, after all. However, AIG thinks it can set your mind at ease. The company recently trotted out insurance for unmanned aircraft that covers damage to your drone and anyone involved in operating it, whether or not they're pilots. How much you pay depends on what you're looking for, but policies can tackle everything from liability (good for drone racing) through to "war, hijacking and terrorism."

  • FAA allows AIG to use drones for insurance inspections

    by 
    Billy Steele
    Billy Steele
    04.09.2015

    The Federal Aviation Administration has been rather stingy when it comes to giving companies the OK to test, let alone employ, drones. After getting permission this week, AIG joins State Farm and USAA as insurance providers with exemptions that allow them to use the UAVs to perform tasks that are risky to regular folks -- things like roof inspections after a major storm. In addition to keeping its inspectors safe, the company says drones will speed up the claims process, which means its customers will, in theory, get paid faster. "UAVs can help accelerate surveys of disaster areas with high resolution images for faster claims handling, risk assessment, and payments," the news release explains. "They can also quickly and safely reach areas that could be dangerous or inaccessible for manual inspection, and they provide richer information about properties, structures, and claim events."