AXIS Capital, is a group of Insurance companies based in Bermuda, London, Dublin, Canada, Australia and Singapore (servicing SE Asian countries as well such as KL Malaysia, Bangkok Thailand, Jakarta Indonesia and many more) who underwrite Energy Insurance provides you these tips to get renewable energy insurance right.
Insurance is a significant area, which the renewable energy entrepreneur must study cautiously. This should be a warning!
Insurance cover for renewable energy installations can be added to existing farm policies, but this is likely to only cover only damage. It is therefore important to tailor cover to protect both the investment and the income it provides, says John Pieri of H&H Insurance Brokers, Carlisle.
He wishes those with installations to review what protection their cover gives.