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Commercial Insurance in Ontario, Canada

Discussion in 'General Discussion' started by WhirlyBirdPro, May 28, 2016.

  1. WhirlyBirdPro

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    Hey everyone, I'm trying to find a good insurance company in Ontario (preferably the GTA) A lot of companies I find will not insure drones for commercial use or if they do they want upwards of +2500 per year! Anyone have a company with good rates they can recommend?
     
  2. CALE262

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    Location:
    Alberta/Arizona
    $2500/yrs sounds about right...for 5 million liability.
     
  3. Richard M

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    Location:
    Campbell River, BC
    I am in BC but my company's UAV insurance provider's Canadian office is in Toronto. The provider is Catlin Canada Inc. and the policy named "Remotely Piloted Aircraft System Insurance" is underwritten by Lloyds. I would recommend you shop for insurance using a broker because I don't think a company like Lloyds deals directly with the general public.
    Transport Canada requires minimum $100,000 liability coverage. I carry $1 million because that's what my industrial clients require. The liability premium is about $1000 per year. I also have hull insurance and that premium is approximately 10% of the amount insured.
    Catlin Canada Inc.'s address is First Canadian Place, 100 King Street West, Suite 3020, Toronto, ON M5X 1C9. I don't have a phone number for them.

    Another provider who quoted me is Kiln Group Aviation Division (don't have contact info) and Avro Insurance Managers: www.avroins.com based in Vancouver. Their quotes were all within a few hundred dollars of each other.
     
  4. WhirlyBirdPro

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    Thank you very much Richard. That's great advice , I actually just received my quote today from Lloyds insurance. Looks like 1275 for 2 million. Really appreciate the great response.
     
  5. Richard M

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    Location:
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    Excellent! Good to know you found coverage for a reasonable premium.
     
  6. LatinStyle

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    Wow.. Those premiums sound very high.. I'm paying $825 with Avro for $1 million liability! I'm in Toronto.