Flock determines your policy price instantly based on your surrounding risks. We do this by collecting a lot of data:
- Operator profile: (how experienced you are ie. the number of hours you have flown, and your claims history)
- Environmental data: (this includes ground hazards such as nearby buildings and schools)
- Hyperlocal weather conditions: (such as the real-time wind speed in the area you are flying in)
- Drone details: (Its weight, top speed, maximum flight height and so on)
Our algorithms then convert all of this data into a risk metric, which appears at the bottom of your screen. Our pricing is risk-dependent; so the lower the risk metric, the cheaper the policy.
Here's a diagram that nicely sums all this up: