With each new season of potential natural disasters comes a much larger investment in this tech.
Insurance drone use has been taking off – so to speak – with each new hurricane season. This year has been no exception. Every year, the tech proves itself in terms of improved safety for claims adjusters while simultaneously lowering costs.
Insurance companies need to carefully plan their reactions to natural disasters for speed and reliability.
When a hurricane happens, insurance companies need to move quickly. This requires substantial planning as well as tech and insurance drone use. This lets insurers aim for the fastest possible reactions. It also ensures that their response will be safe for their team members at all stages of the claims process.
When adjusters can get out and get their jobs done faster and easier, the entire claims process moves more quickly. Drones let adjusters do this by eliminating the need for climbing upon rooftops, using ladders or heading across flooded or otherwise unsafe fields to access properties damaged by a storm.
Last year’s rash of hurricanes placed insurance drone use in the spotlight and led to wider usage.
Last year and its many hurricanes that made landfall represented the first time drones were used in a significant way by the insurance industry. They were deployed in Texas after Hurricane Harvey, in Florida after Hurricane Irma and in Puerto Rico following Hurricane Maria. These storms all led to billions of dollars in damage and significant loss of life.
Predictions about the 2018 hurricane season have indicated that we should expect another active year. Moreover, there haven’t been any indications that this trend will change. This requires insurance companies to find ways to respond faster and more safely for claims processing, said a Property Casualty 360 report. This year, drones are expected to benefit the insurance industry by $6.8 billion.
Among the lead benefits of insurance drone use is the ability to plan ahead. Drones don’t require insurers to have to wait as long before they start assessing situations as a whole or adjusting when it comes to specific properties. This could help storm victims to be able to recover more quickly to damage than has been possible in the past.