Use of unmanned aerial vehicles has skyrocketed in the United States and globally. Because most UAVs are operated recreationally and are therefore exempt from most U.S. regulations, it is difficult to estimate how many are in operation.

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Existing FAA regulations are designed to minimize risk to people and property. As regulations permit greater flexibility of operation, however, risk to property and life from such operations will inevitably increase significantly. Consequently, it is incumbent that businesses consider how best to manage that risk. UAV insurance should play a central role in this regard.

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