Insurance coverage for businesses involved on Wind, Solar and Other Renewable Energy Projects, including:
• Construction Managers & Consultants
• Licensed Design Professionals
• Renewable Energy Contractors
• Developers
• Utilities & System Owners
• Operations & Maintenance
Renewable Energy Insurance Coverage Options:
Review options for the minimum insurance coverage recommended by the National Renewable Energy Laboratory (NREL) for projects & services involving rooftop, commercial and utility scale renewable energy systems, including:
Professional Liability insurance, also known as errors and omissions (E&O) insurance
Commercial General Liability (CGL) insurance
CGL umbrella policy
Commercial vehicle insurance
Workers' Compensation & Employer's Liability
Business interruption insurance, for covering loss of revenue due to downtime cause by covered event
Inland marine insurance, that can cover loss of installation tools & equipment as well as electricity generation equipment
Property insurance (builders risk), written on an "all-risks" structure and replacement cost basis (this could potentially be covered under a renewable energy Developer's insurance coverage, or on the project owners coverage, depending on the specific arrangement between parties)
Large and/or Off-shore renewable energy projects consider project specific insurance policies