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 covered and fly with confidence!
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Need Help?
If you have any questions or need assistance, please don't hesitate to contact ShareGrid's support team.
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.
Disclosure: This communication is on behalf of ShareGrid Platforms, LLC or its affiliates (“ShareGrid”). This communication is for informational purposes only and contains general information only. ShareGrid is not rendering legal, financial, accounting, business, tax, or other professional advice or services by means of this communication. This communication is not a substitute for such professional advice or services, nor should it be used as a basis for any decision or action that may affect your interests. You should consult a qualified professional advisor. ShareGrid does not assume any liability for reliance on the information provided herein.