There are of course a wide range of risks that fall into the alternative energy category. They include residential and commercial solar contractors and operators, hydro, geothermal, and more. Additionally, the capture and conversion of animal waste gasses and methane flares in the oil patch into usable alternative fuels is a fast-growing area of expertise.
Common Pollution Exposures for Renewable Energy Businesses
The contractors, consultants, and technicians who are involved with renewable energy systems have seen a greater demand for their services as a result of more awareness in the ways we can harness energy from natural sources, as well as their availability and affordability. What was once an innovative and ambitious vision has become reality for many businesses hoping to operate more efficiently.
While the renewable and alternative industry has been active for decades, recent government incentives coupled with the positive consumer impression of being carbon neutral have raised the stakes and accelerated activity. This is driving a growing demand for a wide range of alternative energy solutions driven by renewable resources. While some are targeting the residential consumer, others are large utility-based solutions. Regardless of the focus, each represents new and unique insurance challenges for the agents working with both the contractors installing these systems as well as the operators of the resources.
Exposures may include:
- Runoff issues
- Waste disposal
- Mishandling chemicals and other materials
- Electromagnetic radiation
- Mold on residential roofs
- Wastewater treatment
- Landfill gas
- Excavation and grading
Available Coverage for Renewable Energy Risks
- Commercial General Liability
- Contractors Pollution Liability
- Professional Liability
- Follow Form Excess
- Cyber Liability
- Site Specific Pollution Liability
- Automobile Liability
- Workers Compensation