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Renewables Insurance
We believe businesses deserve cover that connects. That’s why we have specialist markets and direct insurers that can see the big picture. They understand the risks across your sector and connect different types of cover and services together to match your business’s needs. It means less chance of policy gaps and overlap, because everything joins up – like it should.
What is Renewables Insurance?
Renewable energy insurance is for businesses and projects operating within the renewable energy sector, including wind parks, solar installations, and battery energy storage systems. Whether you’re looking for insurance as part of the supply chain (Contractors, Engineers, and/or Manufacturers) or as the end customer, both carry different exposures that can put you at risk; this is why Renewables Insurance is vital.
Need Renewables Insurance?
For comprehensive Renewables Insurance
What does Renewables Insurance cover?
Our approach to cover delivers continuity of cover across BOTH the construction and operational phases of a renewable energy project. Cover can include the below, but there are plenty more that we can assist with. Book in a consultation with one of the consultants to discuss your requirements and talk through your plans
Why use Jensten
Dedicated
A team who understands manufacturing businesses
Trusted
We are trusted by manufacturing businesses big and small
Flexibility
Tailored insurance to the needs of your business
Talk to the experts
Our team of UK-based insurance experts are here to help, Monday – Friday, 9am – 5pm.
- Call our team
- 0808 304 1677
What our clients say...
Why choose us for Renewables Insurance?
As a proactive partner, we’re working with clients to enable progress at Industry level and in local communities. When you partner with Jensten Insurance Brokers to mitigate these complex risks, you’re getting and access to climate solutions that scale to meet the needs of your business. Our renewables panel offers a multi-line package specifically designed for small to large-sized renewables projects, and can cover both construction and operational phases, with the option for seamless protection from construction to year-one operations.
Need Renewables Insurance?
For comprehensive Renewables Insurance
Renewables Insurance
Renewables Insurance can be complex, so to help you get the cover you need, here are the answers to our frequently asked questions. We hope they’ll prove helpful, but if you’d like some advice that’s tailored to your business’s needs, please call us on 0808 304 1677, request a callback, or start your Renewables Insurance quote today.
How much does renewables insurance cost?
The cost of your insurance will depend on many factors, such as:
- The types and level of cover you require
- The loss controls that you have in place
- The maintenance of your project
- The installed capacity of your project
- The security and access to the site
Our specialist team can help you explore your options and arrange the right cover.
What are the most common types of insurance claims in renewable energy?
Examples
Property damage claims, which are often caused by natural disasters, equipment failure, vandalism/theft. As well, liability claims which arise from injuries to third parties, for example falling solar panels, and environmental damage, like water contamination from your hydro plants.
A burning inverter at a solar farm caused fire, heat, and smoke damage to modules. The inverter was made safe, and the site was able to continue operating at a reduced capacity. Insurer paid for a replacement inverter under Material Damage cover, and the claim for loss of revenue was £200,000.
A few EV charge points were destroyed when a flood affected a car park. The claim was paid in full and replacement charge points were installed under the Material Damage and Business Interruption sections of cover, allowing the business to get back up and running again as quickly as possible
When should we speak to an insurance broker?
Ideally, during the design phase of your project, so we can discuss with insurers and ensure it meets their requirements before construction commences. However, please reach out to our wherever you are in the process, and we can support your insurer’s conversations.