To rent a drone on ShareGrid, having the proper insurance or loss damage waiver is essential.
Here's what you need to know:
Understanding Third-Party Drone Insurance and Damage + Theft — Also Known as Loss Damage Waiver:
Hull Insurance or Damage + Theft:
Required by ShareGrid.
Protects against damage to the drone and attached equipment during flight.
It covers your drone in case of an air accident.
Liability Coverage:
Some providers offer only liability coverage, which is insufficient for drone rentals on ShareGrid.
Does not cover physical damage to the drone.
ShareGrid's Damage Waiver Options:
Drones up to $3,500 in Replacement Value:
ShareGrid offers a Damage + Theft option.
It can be selected and purchased instantly during the checkout process.
Drones Above $3,500 in Replacement Value:
You are required to carry your own third-party drone insurance, which includes drone hull coverage.
Don't Have Drone Insurance?
Our partner, Athos Insurance, offers insurance for drones.
Uploading Your Drone Insurance Details:
Enter a recognized drone insurance provider's email address when uploading your ShareGrid policy.
If your provider needs to be listed or you need clarification, email us at help@sharegrid.com.
A Rapidly Evolving Industry:
The drone insurance landscape is constantly changing. If you know a provider that offers hull coverage and isn't listed on our platform, please let us know at help@sharegrid.com so we can update our community.
Stay insured and fly with confidence!
Disclaimer: ShareGrid is not an insurance provider, broker, or agent. ShareGrid is not licensed as an insurance provider, broker, or agent in any state or country. Damage Only and Damage + Theft coverage options are not insurance policies. All rentals require some type of coverage. Other coverage options include Short Term, Annual, and Third-Party Insurance. Eligibility for coverage under Damage Only and Damage + Theft coverage options is subject to the renter’s compliance with all of the terms and obligations in ShareGrid's Terms of Service.