Biofacilities Insurance
Like other renewable energy sources, bioenergy comes with its own unique set of exposures and liabilities. Travelers' deep knowledge of the alternative energy industry and the risks-faced by our customers allows us to provide risk management strategies to help minimize losses. Our dedicated claim professionals help navigate claims that could impact your biomass business to help keep your operation powering through an unforeseen event. Count on Travelers to provide specialized biomass energy coverages designed to meet your needs.
Core product offerings
We have the ability to provide all lines of coverage to protect bioenergy operations, including:
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Inland Marine, which provides property coverage:
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Permanent Property & Operations coverage
Who is biofacilities coverage right for?
Independent power producers using methane as their fuel source. The methane fuel can be extracted from a landfill or produced through anaerobic digestion.
How much does biofacilities insurance cost?
Biofacilities insurance cost will depend upon the size of your operation, the specific risks you are exposed to, and coverage amounts and deductibles you choose. Your agent can help review risks and provide a quote for coverage that would best protect your company.
The Supply Chain Pressure Quiz
Put your supply chain to the test. Help identify and learn about potential risks from weak links.
Renewable energy resources
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Environmental and contractors professional practice
Broad coverage to protect against pollution liability risks and losses resulting from acts, errors or omissions in the performance of contractor professional services.
Cyber
We understand the complexity of cyber threats and have cyber liability insurance solutions to help protect your business assets.
Excess casualty and umbrella
Commercial umbrella and excess liability solutions can provide the extra protection you need for the big, unexpected events.
RESOURCES
Resources for the Energy Industry
Solar, wind, biopower and other sources in this developing sector can yield energy savings and generate new revenue for businesses, but are not without risks.
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Resources for the Energy Industry
Key Points to Understand When Considering Biomass Power Generation
When considering investment in biopower production, it’s important to understand the potential risks and benefits for your business. Here are six questions to ask.
Construction Resources
Do You Have a Contractual Risk Transfer Program?
A contractual risk transfer (CRT) program can help protect contractors when working with third-party services or products.
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Risk Control
In the energy industry, any loss, large or small, can be catastrophic to a business. Travelers' field-based consultants can help solar energy customers manage property, safety and health exposures. Services include solar maintenance consultations, severe product reviews and contractual risk transfer analysis.
Claim
Travelers understands the importance employers place on effectively managing claim costs to help the long-term success of their business. Travelers' dedicated general liability and construction defect claim professionals have the deep expertise of solar array development claims, with a focus on enforcing risk transfer and proactive subrogation against responsible parties.
