KIA&B 2015 Volume 20, Issue 4 | Page 7

required to be at least 17 years of age, pass an FAA-administered knowledge test every two years, and obtain an FAA-issued UAS Operator Certificate with a small UAS rating. legal questions remain Following are a few of the legal issues related to the use of drones: • Can a property owner allege that a Drone is “intruding” or trespassing on his/her property? • How will nuisance, aggravation, and other laws controlling felonious deeds be useful to the use of Drones? • Do territory restrictions apply to UASs? • What about confidentiality and cyber-liability for the data that is being captured and stored? • How will federal aviation law work in conjunction with state laws on some of these issues? In addition to the regulatory and legal matters, there are many liability, risk management, and insurance coverage issues (in relation to insuring UASs for business use) that will need to be addressed for both personal insurance and business insurance. Very few insurers offer insurance coverage to the aircraft industry (up from less than a dozen a few years back). It is likely additional companies will provide coverage options once the FAA solidifies regulations around the use of drones. While insurance companies are beginning to look at how to provide coverage, they don’t have much information or experience to assist them as they seek to provide their policyholders with proper coverage. Grinnell Mutual is reportedly making available an endorsement that provides liability coverage on their Farm-Guard Policy and their farm liability policy for unmanned aircraft for “precision agricultural operations.” In order to insure UASs properly, insurance companies will need to know their function or intention, their departure and arrival spots, whether they will be operating in inhabited areas, and their flying height. These systems can also gather vast quantities of information. Insurers should know how the proprietor of such aircraft systems will utilize the information it has assembled and what steps they need to take to preserve/destroy the data it has stockpiled. UASs will have the identical insurance needs as other aircraft, just on a smaller scale given their size, flying range, and price tag. Given the risk avoidance nature of the industry, carriers might enforce even stricter rules than what the FAA may require. Bremen Farmers’ Mutual Insurance Company Serving Kansas since 1888 • Homeowners • Agri–Pak (Farmowners) • Preferred Homeowners • Inland Marine • Dwelling Fire • Business Owners • Online quoting, application submission, and document view available Curtis Holle • President Steve Meier • VP/Claims Mgr. Bryce Peters • Underwriting Mgr. 201 Brenneke St. | Bremen, KS 66412 T: 800.562.5712 | F: 785.337.2414 Drones are not going away. Insurance agents and brokers will need to be ready to help their clients understand the increased liability for operating a drone and provide insurance solutions to fill the coverage gap. Steve Anderson provides information to insurance agents about how they can use technology to increase revenue and/or reduce expenses. He speaks professionally to hundreds of agents each year on the future of technology, the social web, and how insurance agencies can establish their Internet presence. www.bfmic.com Email: [email protected] |July-August 2015| KANSAS INSURANCE AGENT & BROKER 5