Delaware LLC for Drone Ownership

Delaware LLC for Drone Ownership Setting up a Delaware LLC for Drone Ownership may sound unnecessary, but it could help limit your liability in the case of an accident or oversight resulting in litigation.

As drone ownership continues to grow exponentially, so does the inherent risk that comes along with operating these popular gadgets. What a lot of people don't consider is that drone ownership, while thrilling, can also lead to a number of unforeseen accidents where the person flying the drone, as well as the manufacturer, can be held liable for damages.

Drone insurance is one way to protect yourself in case of any accidents and the resulting litigation, however, insurance usually does not cover 100% of all possible costs and more importantly, it does not provide limited liability protection which shields your personal assets. By separating ownership of your drone, you can gain an added layer of protection and peace of mind.

But don't just take our word for it! Consumer Safety Guide has some insightful information that talks about drone lawsuits being on the rise.

How does this work? A Delaware LLC for Drone Ownership helps avoid what is known as co-mingling of assets. This means that the assets owned by the LLC are considered separate from your personal assets. This can be done with the following simple steps:

  1. We can help you establish a Delaware LLC (This will take about 2-3 business days).
  2. We can assist you with executing a bill of sale for your drone to your Delaware LLC.
  3. You can register your drone with the FAA* using the LLC's name as the owner name. You can even use our mailing address on the drone registration.

*We can help with registration of your drone, but it's such a simple process that most people prefer to do it by themselves. Should you need our assistance, though, we'd be glad to pitch in.

Should you want to get started or have any further questions regarding this process, please get in touch with us here