Drones Save Time and Money in Safety Inspections and Insurance Adjusting, Business and Industry Trends Analysis

Drones are being used by insurance companies to conduct inspections for underwriting and claims adjusting.  Images recorded by drones can cover far more territory in a short period of time than human adjusters, and they are particularly useful in the aftermath of disasters such as wildfires and hurricanes, when insurers are swamped with claims.  Companies that have adopted the use of drones include State Farm, AIG, Liberty Mutual, Allstate, Travelers, USAA and Nationwide. Allstate, for example, settled 16,500 claims in the first half of 2018 (compared to 12,600 for all of 2017) using flights, drones an aerial imagery.  The firm…

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