By: John P. Napolitano, CFP®, CPA, PFS, MST

With the holidays now in the rear view mirror, many are playing around with unique gifts that may pose some unique perils to unsuspecting owners. Drones, in particular, offer unique risks and protections that were heretofore unnecessary in the prior generation of home based toys and games. For starters, unlike most other toys, drones need to be registered. All drones, whether for personal use or business are supposed to be registered with the Federal Aviation Administration. To do this, go to their website at

According to Jim Hyatt, Senior Vice President of Personal Lines at Arbella Insurance Group in Quincy, there are three known risks to drone use and ownership.  Personal liability, property damage and invasion of privacy.

Your personal liability is always a big catch all.  You may be liable for operating the drone of someone else’s, allowing someone to use your drone or simply from having an accident using your own drone. Personal liability claims can get large, so make sure that you also have personal umbrella coverage in addition to your traditional home and auto coverage.

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John P. Napolitano CFP®, CPA is CEO of U. S. Wealth Management in Braintree, MA.  Visit JohnPNapolitano on LinkedIn. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. John Napolitano is a registered principal with and securities offered through LPL Financial, Member FINRA/SIPC. Investment advice offered through U.S. Financial Advisors, a Registered Investment Advisor. U.S. Financial Advisors and U.S. Wealth Management are separate entities from LPL Financial. He can be reached at 781-849-9200.