Home Inspector Coverage: Physical Drones, Tools & Equipment Insurance

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Make sure you get tools and equipment coverage for your home inspection business! EliteMGA, LLC offers drone coverage insurance for your physical drones used for business purposes.

Request a quote for our home inspector tools and equipment insurance policy. Home inspectors can insure their business tools and equipment from property damage and theft starting at $250, covering $25,000 in your daily tools. This includes leased and rented items too.

Home Inspector Tools & Equipment Insurance Coverage

Tools & equipment insurance is an important insurance necessary for all home inspection businesses. It covers home inspectors in the event of stolen or damaged contracting materials, tools and equipment.

This will cover your ladders, cameras, iPads/tablets, laptops, drones, and other items inspectors carry from site to site.

Other examples:

  • Dropping the camera from the roof while inspecting the chimney
  • Theft of the various cameras and items on the job site while the inspector is in the crawlspace
  • Accidents related to drones

Ensure that all your business tools and equipment are protected with a home inspector insurance quote from EliteMGA.

Home Inspector Tools and Equipment Insurance Features:

  • Saves time: One invoice. One carrier. One agent.
  • Extends to leased or rented items
  • Low deductibles
  • No schedule of tools or items necessary
  • No additional application required
  • Broad protection for home inspector’s tools and equipment including:
    Accidental Damage Flood Theft
    Burglary Hail Transit
    Collapse Hurricane Tornado
    Vandalism Fire Lightning
  • Repair or full replacement when the equipment is lost, stolen, or damaged – minimizing disruption to your business when a claim occurs.
  • Coverage within the United States and Canada
  • Dropping the camera from the roof while inspecting the chimney
  • Theft of the various camera’s and items from the job site while the inspector is in the crawlspace

Unmanned Aircraft Systems (UAS) Insurance for Home Inspector Businesses

In August 2016, the FAA approved the usage of drones for commercial use. Often, these unmanned aircraft systems (UAS), are used in areas that are difficult or dangerous for people to inspect, such as condemned buildings, new construction, damaged roofs and collapsed buildings.

Many of our home inspectors fly drones over private or controlled-access property only with the permission of the owner or authorized party. Without permission/consent, it is illegal for any drones to fly within the zone. Therefore, the inspectors and insurance companies need to have permission from all landowners they fly over.

Protect your home inspection business and your drone with unmanned aircraft systems insurance. Request a quote from EliteMGA for UAS insurance.

Insurance for drones during home inspections

Why Add UAS Insurance?

Even though the majority of the accidents were minor, there were over 1000 drone incidents in 2016. Technical and mechanical errors caused most of these drone crashes (64% of the total accidents reported).

The FAA requires that any property damage of $500 or more must be claimed using their UAS insurance or drone coverage. Winds tend to causea home inspector to lose control of their drone. When this happens, not only is damage done to your business drone, but there is the possibility of causing property damage when it crashes.

EliteMGA can be reached via email if you want to learn more about the benefits of UAS insurance for home inspector business.

Benefits of Using a Drone for Home Inspections

The unmanned aircraft system is quickly becoming an integral part of home inspectors toolkits. These UAS offer several advantages:

  • They are quicker and more agile than their human counterparts.
  • Their remote-controlled speed and their ability to have fewer employees involved in the process make it a sensible option.
  • They are much less expensive than hiring a manned aircraft, with lower airspace restrictions.
  • Additionally, it is immensely safer and more precise for the inspectors looking at hard to reach spots. Places where not even dangerous ladders are accessible to reach, resulting in more accurate reports.

As an inspector, it is important to understand the benefits outweigh the negatives of operating a drone. If you are using a drone for any home inspection business purpose, you must have UAS insurance. Please contact EliteMGA for additional details on what type of UAS insurance for home inspections you need.

FAA Restrictions for Home Inspectors

The usage of drones in the home inspection industry continues to grow and so are their increasing restrictions. The FAA has limits on the usage of UAS such as operational limitations, and a certified remote pilot in command. Essentially, the aircraft must be no more than 400 feet in the air, weigh no more than 55 pounds, be within a 3-mile radius of the operator, and have an insured operator that has completed an on-line certification by the TSA.

As previously stated, one of the most important coverages for home inspectors using drones to improve their home inspection business services is unmanned aircraft systems insurance. Call EliteMGA to discuss adding drone insurance to your home inspector coverage.

Get a Quote for Home Inspector’s Tools & Equipment Insurance Coverage

The cost of adding tools and equipment insurance to your home inspector’s insurance policy depends on the value of the tools and equipment. EliteMGA’s insurance policy for home inspector’s equipment and tools starts at $250 and covers up to $25,000.

If you want to take advantage of this tools & equipment insurance offer and have not applied for coverage yet, you can add it during the application process. If you are already insured, please contact an EliteMGA insurance agent for assistance.