How Drones can Affect Risk Management and Insurance

Drones are becoming the latest technology used by multiple businesses to achieve different tasks. Real estate agents use them to photograph properties; even Amazon plans to begin making drone deliveries in the near future. Drones can also help employers manage risk a few different ways.
Loss control is one area in which drones can help manage risk. Since drones can access areas otherwise unreachable by traditional security cameras, they can be a useful security tool. Likewise, drones are ideal for safety when it comes to assisting in accident investigations, recording the incident itself as well as eyewitness accounts. When it comes to workers’ compensation, drones can be utilized to observe employees who are suspected of malingering.
Unfortunately, not everyone can go out and fly a drone. The Federal Aviation Administration (FAA) permits the noncommercial use of unmanned aircraft systems with a few restrictions. In order to receive FAA approval, you must do one of the following:
  1. Obtain a “Special Airworthiness Certificate” to perform research and development. You cannot carry persons or property for compensation.
  2. Obtain a Restricted Category certificate for a special purpose
  3. Petition for an exemption to perform commercial operations in low-risk, controlled environments.

There are some restrictions for drones in certain states, so make sure you’re aware of those beforehand. Of course, respect the privacy of others and notify employees when drones are in use to keep good relations. Since drones are still very new, it’s best to explain what you’re using them for and why.
For more information on how drones could affect your risk management and insurance, contact BPJ.