Wind Energy Insurance
Those who invest in, develop, own or operate commercial wind power installations require specialized insurance solutions to address the unique risks to the renewable wind energy industry. Wind energy operations can involve complex financing arrangements, difficult crane operations during construction, equipment that’s exposed to natural hazards and more. Travelers has deep industry expertise, extensive experience and the specialized insights required to help wind companies understand how to protect their people, their property, their investment and their business.
Core insurance coverages for wind energy operations
Travelers provides a broad range of insurance products to address the unique risks associated with wind energy projects, such as weather-related damage and mechanical failures – from installation to permanent operations.
Our core product offerings
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Inland marine insurance property coverages (subject to exclusions and limitations):
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Builders’ risk coverage – Protects projects under construction against the costs involved in repairing or replacing materials of a structure due to unexpected events such as fire, collapse, theft and weather disasters.
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Property business interruption coverage – Designed to protect both the property of your business and your ability to continue operations during and after disruption due to a covered cause of loss.
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Equipment breakdown – Built to protect various types of equipment, including the complex and high-tech equipment required for wind projects, from unforeseen malfunctions.
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- Commercial auto – Covers vehicles used in your business.
- General liability – Protects your business from claims by third parties for bodily injury, property damage, personal injury or advertising injury.
- Workers compensation – Helps protect employees and you from the financial impacts of work-related injuries or illnesses.
- Umbrella/excess casualty – Provides added liability protection for large losses that exceed your primary coverage limits.
Who is wind energy insurance right for?
- Developers, owners and operators of commercial and utility-scale onshore and offshore wind power.
- Installation, maintenance and service contractors.
Travelers is committed to helping you find solutions that work best for your company.
For contractors, manufacturers and distributors businesses engaged in research and development and other work for the wind industry, access Travelers’ broad range of specialized products and solutions.
Global reach, global expertise
Travelers’ service and commitment to renewable energy is worldwide. Based in London, the Travelers Syndicate Renewable Energy team is respected globally as market-leading underwriters for renewables. They are supported by specialist engineering expertise and work closely with their U.S. counterparts to bring the same deep knowledge and consistent service to even the most complex renewable energy projects.
Talk to your agent about your energy insurance needs and ask how Travelers can help.
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