20121220 en brochure 2 solar pv insurance
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www.solarif.com
Solar PV Insurance
1. Company Profile Solar Insurance & Finance
2. Solar PV Insurance
3. Solar PV Insurance Online
4. Solar PV Insurance Service Contract
5. Option ‘Inherent defect and warranty’
About Solar Insurance & Finance
Solar Insurance & Finance is a worldwide
operating, independent insurance broker
with full focus on insurance for PV installa-
tions. Our extensive knowledge of the solar
market results in insurance solutions that
perfectly meet our customers’ wishes, for
example our Solar PV Insurance with option
‘Inherent defect and warranty’.
Solar Insurance & Finance offers insurances
for PV owners, manufacturers, installers,
project developers and investors. Our insur-
ances are backed by leading European in-
surers with an A rating.
Address: Mr. B.M. Teldersstraat 11G
6842 CT Arnhem
The Netherlands
P.O. Box 4192
6803 ED Arnhem
The Netherlands
Contact: + 31 (0)26 711 50 50
Your PV installation is a valuable posses-
sion. Of course you want to make the most
of your investment. Unfortunately, it can oc-
cur that your PV installation becomes dam-
aged or gets stolen.
Replacing or repairing your PV installation
involves costs that you may not have ac-
counted for. Moreover, your installation
does not produce energy in the repair period
and you’ll lose revenue.
You can secure your investment and reve-
nue with a Solar PV Insurance of Solar In-
surance & Finance. This insurance covers
damage caused by weather conditions, fire
and theft and compensates the loss of pro-
duction.
You can extend the insurance with the op-
tion ‘Inherent defect and warranty’, that
backs up the warranty, even if the manufac-
turer no longer exists.
Solar PV Insurance
Our Solar PV Insurance is for installations from € 250,000 or multiple
installations under one policy. The insurance compensates:
1. Costs from material damage due to external causes, e.g.
Natural forces such as hail, snow pressure, frost, wind and storm
Theft and vandalism
Lightning strike, overvoltage, induction and fire
Gnawing of cables by animals
We compensate new materials, labor costs and call out charges.
2. Loss of production
If your installations is decommissioned due to a damage, you receive
a compensation for the loss of production for a maximum of 26 or 52
consecutive weeks.
April - September € 2.50 per kilowatt peak installed capacity
October - March € 1.50 per kilowatt peak installed capacity
3. Additional costs per event, e.g.
Detecting en locating the damage
Removal and repositioning of the installation if a repair to a dam-
aged building or structure cannot be carried out because of the
position of the installation, up to a maximum of € 15,000
Transport and storage costs of parts that have to be repaired
elsewhere, up to a maximum of € 25,000
Extra expenses to compensate for an incompatibility between
existing and replaced equipment, up to a maximum of € 25,000
Transport costs to the nearest PV-Cycle collection point
Option ‘Inherent defect and warranty’
You can extend the Solar PV Insurance and the Solar PV Insurance Ser-
vice Contract with the option ‘Inherent defect and warranty’. With this
you are covered against damage caused by an inherent defect from your
solar modules (up to 20 years) and inverters (up to 7.5 years).
You are also covered within the warranty period in case you have a legiti-
mate claim and the manufacturer no longer exists because of bankrupt-
cy, rejects the claim or disputes his liability.
This option is only available by use of Solar Insurance certified materials.
Read more about this option in our brochure Option Inherent defect and
warranty.
Why should you choose our insurance?
Solar Insurance & Finance is market leader in the solar insurance indus-
try. We offer the best insurance solutions for your PV installation. Our
Solar PV Insurance:
Minimizes the risks of your solar projects, making them easier to
finance
Provides a complete cover for the total installation (modules, in-
verters, cables, mounting materials, surveillance and security
equipment, foundations and buildings)
Provides optimal security and reassurance