Checked with my State farm agent and got this response:
>>>I was looking over our underwriting guidelines on insuring your drone. It does not specifically state that the drone can only be flown over your own property, therefore, a claim cannot be denied if there is an incident outside of your property. They do however recommend that you refer to the Federal Aviation Administration and the Academy of Model Aeronautics for information on the safe operation of a drone and regulations
In regards to claims, in my experience with State Farm, I have not seen a policy cancel for one loss. If there is more than one claim filed, our claims office will send notice to our underwriting department for review. They in turn decide whether the policy is renewed or cancelled. But again, it is not an automatic cancellation for one claim being filed.<<<