Which installations we cover
We advise on covering the risks of photovoltaic and solar thermal installations, wind turbines, biomass plants, hydroelectric stations, district heating networks and geothermal energy. That applies to installations on your own roof just as much as to open ground sites, operating companies and large projects abroad.
For these classes we have agreed framework contracts with insurers that include special cover. Among them are all risks property insurance for the installation itself, cover for the forecast yield (yield guarantee), erection insurance for the construction phase and operator's liability insurance.
The installation, the yield and the liability
All risks cover pays for damage to modules, inverters, cabling and the mounting structure, for example after storm, hail, snow load, lightning, overvoltage, theft or vandalism. It is sensibly completed by cover for the loss of yield during the time the installation stands still after a loss, because finance instalments carry on regardless.
Operator's liability covers damage caused by the installation. With roof mounted systems there is one point many people overlook: the buildings and fire insurer has to know about the installation and agree to it. Without that notification you risk the cover for the entire building in the event of a fire, not just for the modules.
From construction to operation
During construction, erection insurance applies, and after that property cover for ongoing operation. The transition belongs properly arranged so that no gap opens up between handover and commissioning. On projects with several parties involved we also settle who counts as an insured party and how warranty claims against manufacturer and installer are dealt with.
For operating companies we also check what the financing bank requires. Loan agreements frequently contain specific requirements on the scope of cover, the sum insured and loss of yield. We bring the policy into line with those requirements before the financing is in place.
Talk to us about your project.
Whether it is one roof installation or a park of several megawatts, we will obtain the cover that fits.