AAIS Creates New Forms and Rules Filings for Drone Coverage

The American Association of Insurance Services (AAIS) has announced the creation of new forms and rules for unmanned aircraft liability coverage in its agricultural general liability (AgGL) program. The not-for-profit national insurance advisory organization also filed a new personal and advertising injury liability aircraft exclusion to address liability exposures associated with drones.

According to a statement from AAIS, the new AgGL unmanned aircraft coverage endorsements have been approved in 34 states.

AAIS said it created the new endorsements in anticipation of the Federal Aviation Administration’s regulations for small commercial UAS (those under 55 pounds), which will become effective Aug. 29, 2016.

AAIS said additional forms and rules for drones are coming, including:

• A new farmowners filing of unmanned aircraft liability coverage forms and rules, as well as new aircraft exclusions under personal injury and personal and advertising injury liability.

• Unmanned aircraft forms for farm umbrella (personal and commercial) as well as agricultural umbrella liability coverage forms.

Source: American Association of Insurance Services