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Drone technology is anticipated to have a $6.8 billion impact on the insurance industry.

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Here's how one new FAA regulation helps insurers

This program enables the insurance industry to gain speedy access to restricted airspace for drone use during emergencies.

By Dan Burton | Updated on July 13, 2018

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Drone operators believe the Federal Aviation Administration's Low Altitude Authorization and Notification Capability (LAANC) program will enable them to prove to the insurance industry the many ways it can benefit from drone data. (Photo provided by DroneBase)

Drones are nothing new to the insurance industry.

Using drones may have once seemed like a futuristic concept, but it is now becoming common practice for insurance inspections. In fact, insurers such as Allstate and Farmers have been using commercial drones to help communities devastated by natural disasters like Hurricane Harvey, receive claims faster and bounce back on their feet quicker.

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