Drones Will Change The Insurance Industry

Drones have a variety of applications in both the commercial and the insurance space. The Federal Aviation Administration recently gave permission in January 2021 for a private company to conduct autonomous commercial drone flights. Drones are being developed that can autonomously navigate in a confined, GPS-denied environment, avoiding obstacles along the flight path, and surviving the radiation levels expected during a mission inside a nuclear power plant. The path to adoption for these future applications of drones is riddled with practical and legislative obstacles. As battery technology continues to develop, drones will increase exponentially.