Independent 2025 reviews and comparisons of leading drone insurance providers. Find the best coverage, service, and value for your needs
We evaluate insurers based on coverage options, pricing competitiveness, claims service quality, financial stability, customer reviews, and specialized drone expertise. All reviews are independent and unbiased.
Why We Recommend: NZI offers the best combination of comprehensive coverage, competitive pricing, and reliable service. Their dedicated aviation team understands drone operations and provides excellent support for both recreational and commercial users.
| Company | Overall Rating | Coverage Options | Pricing | Claims Service | Best For |
|---|---|---|---|---|---|
| NZI Insurance AM Best: A+ | ★★★★★ 4.6/5 | ✓ Comprehensive recreational ✓ Full commercial suite ✓ Professional indemnity ✓ Worldwide coverage | Competitive Rec: $150-400 Com: $2K-12K | Excellent Avg: 5 days 24/7 reporting | All operators seeking comprehensive coverage and reliable service |
| Vero Insurance AM Best: A | ★★★★★ 4.3/5 | ✓ Standard recreational ✓ Basic commercial ~ Limited high-end options ✓ Good bundling options | Very Good Rec: $120-350 Com: $1.8K-8K | Good Avg: 7 days Online claims | Budget-conscious recreational users and small commercial operations |
| IAG (State) AM Best: A | ★★★★★ 4.1/5 | ~ Basic recreational ✓ Excellent commercial ✓ High liability limits ✓ Industry specialization | Moderate Rec: $180-450 Com: $2.5K-15K | Very Good Avg: 6 days Dedicated team | Large commercial operations and complex/high-risk activities |
| Allianz Partners AM Best: A+ | ★★★★★ 3.9/5 | ✓ Good recreational options ✓ International expertise ~ Limited local presence ✓ Travel/international coverage | Good Rec: $160-380 Com: $2.2K-10K | Good Avg: 8 days International support | International operations and travelers with drones |
| FMG Insurance AM Best: A- | ★★★★★ 3.7/5 | ✓ Rural/agricultural focus ~ Limited recreational options ✓ Farm business integration ~ Specialized market | Competitive Rec: N/A Com: $1.8K-9K | Good Avg: 9 days Rural expertise | Agricultural and rural commercial drone operations |
| Tower Insurance AM Best: B++ | ★★★★★ 3.5/5 | ✓ Basic recreational coverage ~ Limited commercial options ~ Standard terms only ~ Entry-level service | Budget-Friendly Rec: $100-280 Com: Limited | Fair Avg: 12 days Basic service | Basic recreational users seeking minimum coverage |
Underwriters understand unique aviation risks and regulations
Policies designed specifically for drone operations
Adjusters familiar with drone technology and operations
Up-to-date with CAA requirements and compliance
Global aviation specialist with local NZ presence
Commercial focus, large fleet specialists
Strong rural and agricultural expertise
High-value commercial and government contracts
"My DJI Mini crashed into a tree during windy conditions. NZI processed my claim in just 4 days and replaced it with the newer model since mine was discontinued. Great service!"
"Vero's commercial policy covers all our construction site monitoring needs. Pricing is fair and they understand the risks we face. Had one minor claim that was settled quickly."
"Tower gave me the cheapest quote, but when I had a claim they were slow to respond and asked for lots of documentation. You get what you pay for with insurance."
May indicate poor coverage or hidden exclusions
Risk of insurer unable to pay claims
Indicates potential claims processing problems
May cause issues with claims and service
If you can't get clear answers about coverage
Vague or complex claims procedures
No local representatives or support
Extensive or unclear exclusions list
NZI Insurance offers the best overall value for recreational users with comprehensive coverage, competitive pricing, and excellent claims service. Vero is a strong budget-friendly alternative.
For commercial operations, NZI and IAG (State) are top choices. IAG excels in complex, high-risk operations while NZI offers better value for standard commercial activities.
Buy direct for simple recreational coverage to save money. Use a specialist broker for commercial operations, complex needs, or if you want claims advocacy and professional advice.
Very important - stick with A- or better ratings. This ensures the insurer can pay claims. Avoid insurers with ratings below B+ as they may have financial stability issues.
Yes, but timing matters. Switch at renewal to avoid cancellation fees. Ensure no gap in coverage and that your new insurer accepts your claims history and equipment condition.
Choosing based on price alone without understanding coverage differences. Cheap insurance often means poor coverage or service when you need it most. Always compare coverage terms, not just premiums.
Annually at renewal, plus whenever you buy new equipment, change your operations, or have significant life changes. The drone insurance market evolves quickly with new products and pricing.
Compare quotes from New Zealand's top-rated drone insurance companies and find the best coverage for your needs