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DroneAs the Federal Aviation Administration continues efforts to streamline regulations for commercial drone use, economists predict explosive growth in many other industries.

PricewaterhouseCoopers says drones will soon have a multibillion-dollar impact on the following industries:

Infrastructure Monitoring, maintenance and inventory management

Transportation Delivery of goods

Security Monitoring of sites and perimeters

Entertainment and Media New options for advertising, promotions, photography, filming and special effects

Insurance Expedited claims settlement and fraud investigation

Telecommunications Tower maintenance, signal monitoring and broadcasting

Mining Exploration and environmental assessment.

If you are considering using a drone for your business, keep in mind that FAA rules on commercial use, such as pilot certification, differ from recreational rules. Depending on your type of business, you may qualify for a waiver of some of the rules. Information about lawful drone use can be found at www.faa.gov.

Finally, if you use a drone in your business, review your business liability insurance policy for information regarding coverage for drone-related claims, such as bodily injury or property damage caused by the drone. For assistance, contact your Sparks Insurance agent today, since insurers vary on coverage and definitions.





SOURCE - Mines Press - COPYRIGHT ©2018. This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is understood that the publishers are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert advice is required, the services of a competent professional should be sought. 2/18.

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