The prices of Flock's hourly policies are determined on a per-flight basis, and are proportional to how risky your flight is. This is represented by your flight's 'Risk Metric' which is a single number that signifies how high-risk your flight will be.
This is calculated by analysing a lot of data, such as:
- Pilot 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 in your selected flight area.
- Hyperlocal weather conditions: Such as the real-time wind speed, and probability of rainfall in the area you are flying in.
- Drone details: Its weight, top speed, maximum flight height and so on..
Our pricing is risk-dependent, meaning the lower the Risk Metric, the cheaper the policy. By comparing Risk Metric, you might discover that it is safer (and therefore cheaper!) to fly your drone in a different area, or a few hours later than planned; giving you control over insurance costs.