Solar Power Insurance
With solar being one of the fastest growing renewable energy resources in the world, those who invest in, develop, install and maintain solar energy operations face a unique set of challenges. Travelers offers specialized coverages and risk strategies to help protect solar power customers; from development to power generation.
Core Product Offerings
Travelers provides a broad range of insurance products to meet the needs of solar energy customers at all stages of the solar lifecycle – from investment to power generation. Our core products include:
- Inland Marine SolarPak®, provides property coverage:
- Builders' Risk coverage
- Permanent Property & Operations coverage
- General Liability
Who is this right for?
- Investors, developers, owners and operators of commercial and utility-scale solar installations (ground mount and rooftop)
- Solar asset managers
- Installation, maintenance, and service contractors
- Manufacturers and distributors
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Related Products & Solutions
Our enhanced Builders’ Risk product goes beyond the basics with a broad coverage form designed specifically for the diversity of construction projects that come your way.
Equipment Breakdown Coverage
Travelers offers a broad package of specific coverages for nearly every equipment loss scenario.
Environmental & Contractors Professional Practice
Broad coverage to protect contractors against professional and pollution liability risks resulting from professional acts, errors or omissions.
Provides organizations of all sizes coverage to help protect against data breaches and other fast-evolving cyber exposures.
Travelers can help both individuals and businesses – ranging from small to multi-national companies – with their commercial surety needs.
Our specialized construction underwriters have deep industry knowledge and an ability to provide flexible, innovative solutions.
Management & Professional Liability
Policies that fit your unique responsibilities and exposures – whether you’re a private, public, nonprofit or a financial institution.
Insights & Expertise
The Impact of Emerging Technology on Equipment
Learn how emerging technology is impacting equipment breakdown, and five ways companies can prepare to be more resilient.
Issues Up On the Roof
Along with the rise in commercial solar rooftop installations comes a unique set of risks.
Maintenance of PV Installations
Although photovoltaic systems may seem simple, maintaining them can be somewhat complex.
Contractor Selection & Risk Transfer
Without a proper contractor/vendor selection process and written contracts, companies may encounter unwanted liability.
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.
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.