Energy Storage Systems Insurance
Renewable energy sources including solar and wind producers continue to proliferate at an ever-increasing rate. As a result, energy storage systems, such as battery energy storage systems (BESS), are rapidly emerging as essential components to help both store excess energy and discharge energy when necessary. Travelers understands the unique risks energy storage customers face and offers a selection of specialized coverages and risk management solutions to help owners protect their property and operations.
Core product offerings
Travelers offers a broad spectrum of coverage solutions to protect BESS operations, including:
- Commercial auto
- General liability
- Inland marine, with these property coverage options:
- Builders' risk
- Permanent property & operations coverage
- Equipment breakdown
- Workers compensation
- Umbrella/excess casualty
Who is this right for?
- Renewable energy developers
- Utilities
- Industrial facilities
- Data centers
- Telecommunications
- Commercial and residential real estate
- Electric vehicle (EV) charging stations
- Remote and off-grid applications
- Microgrids
- Energy service companies (ESCOs)
Related products & solutions
Builders' risk
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 and contractors professional practice
Broad coverage to protect against pollution liability risks and losses resulting from acts, errors or omissions in the performance of contractor professional services.
CyberRisk
Provides organizations of all sizes coverage to help protect against losses resulting from data breaches and other fast-evolving cyber exposures.
Commercial surety
Travelers can help both individuals and businesses – ranging from small to multinational companies – with their commercial surety needs.
Management and professional liability
Policies that fit your unique responsibilities and exposures – whether you’re a private, public, nonprofit or financial institution.
Travelers Innovation Network for Energy
Take advantage of access to and discounts* from this specially curated collection of vendors and resources, available to Travelers customers.
More Prepare & Prevent
Insights to help you manage risks at work and on the road
Resources for the Energy Industry
3 Ways Surety Bonds Help Safeguard Renewable Energy Projects
Renewable energy stakeholders often turn to surety bonds to guarantee that all contractual obligations will be met.
Resources for the Energy Industry
4 Weak Links in Renewable Energy's Global Supply Chain
As efforts for a more sustainable future increase, so does the demand for renewable energy. This demand exposes threats to the renewable energy supply chain. Explore the weak links in renewable energy’s global supply chain now.
Resources for the Energy Industry
Battery Energy Storage System (BESS) Technology Growth and Risks
Advancements in battery storage, or battery energy storage systems (BESS), technology come with unique risks. Learn what’s happening in the BESS industry today.
Related services
Risk Control
With more than a century of expertise and more than 500 Risk Control consultants, Travelers has the experience and technical proficiency to help businesses manage their risks.
Claim
Our knowledgeable Claim professionals will respond to your needs with speed, compassion, integrity and professionalism. It's our business to help keep you in business.
