The pace of business in 2019 demands technology capable of meeting the demands of consumers.
From small business to Fortune 100 enterprise, modern advances are available to support improving the way business is conducted. These advances require a fresh look at business insurance policies.
Perhaps the primary technology that is being implemented across numerous industries is drones. From crop sprayers in farming to traffic monitors to package delivery, drone technology is adaptable to meet the needs of many businesses.
That’s why it is so necessary to understand the options when it comes to insuring drones and other technologies. Neff & Associates Insurance Services Inc serves Pismo Beach, CA and will help you get the right insurance for your technology.
Film and still photo insurance is one of the unique coverages required to own and operate a drone in California. There are minimum basic requirements for photography and additional insurance requirements for drones.
Unmanned Aerial Systems (UAS) can be insured through " an aviation-specific insurance carrier (such as Global Aerospace)" or by adding UAS coverage to a general policy.
Another technology that will require additional expertise from insurers like Neff & Associates is the up-and-coming self-driving vehicles. Self-driving fleet will require not only standard automotive coverage but will have implications to all business owners.
According to a study conducted by the California Department of vehicles (DMV), there have been "concerns related to insurance a determining liability."
Autonomous vehicles will present new and unique challenges to business owners seeking to add efficiencies for their customers while keeping the right coverage to protect their assets.
As technological advances like drones and autonomous cars impact the way business is conducted, experts like Neff & Associates Insurance Services Inc, serving Pismo Beach, CA are here to help.