Moonrock Drone Insurance has launched the UK’s first dedicated drone insurance policy for hobbyists and recreational users.
In addition to their commercial policy Moonrock, this new drone insurance will allow consumers to purchase cover for accidental drone damage as well as third party public liability, fly-a-ways, and theft.
The policy is available to purchase online at hobby.moonrockinsurance.com, providing instant insurance cover alongside advice and support from drone insurance professionals.
The product is underwritten by Munich Re Innovation Syndicate, which provide the capacity and insurance expertise.
Simon Ritterband, managing director of Moonrock Drone Insurance, commented, “Since launching the Moonrock commercial policy five years ago, it has always been our long-term ambition to offer a similar service to the recreational market. With the number of UK drone hobbyists currently 200,000 +, we see this as the perfect time to launch into the market.
In the past, the public perception of drones has not always been positive. However, with the recent introduction of a government and CAA mandated drone registration system, perception has significantly improved in the broader community. We are seeing a growth in the use of drones in the non-commercial space, such as photography enthusiasts sing drones to capture photographs and videos from a birds-eye view.”
This new drone insurance policy fills the gap in the market to provide drone hobbyists with the much-needed cover that has previously only been available to commercial pilots.