Wind farms incorporate an assortment of wind turbines as an energy generating alternative to traditional sources. This can be used as an energy supply to an individual business or to deliver energy to the power grid.
Businesses that finance, develop, possess or run these wind power operatives need special insurance protection, tailored to the exclusive requirements.
Insurance Coverage for the Wind Farm or Power Plant
- Property Insurance: the involved exposure is considerable due to the cost associated with every turbine.
- Commercial General Liability: risks are dependent on the differing forms of contractual interactions.
- Workers Compensation: there is a great deal of exposure due to jobs requiring workers to be at significant heights as well as the physical effort necessary when getting to various parts of the turbines.
For more information on other important coverage options, such as Builders Risk, Equipment Breakdown, Environmental & Contractors Professional Liability, Cyber Risk and more, speak to the professionals at Prime Insurance.
PRIME Insurance is a three-generation family-run independent agency. We’re proud partners with many of the leading companies in the industry – big names such as ACE, AmTRUST, ASI, ASSURANT, CHUBB, CNA, Employers, FOREMOST, Liberty Mutual, MetLife, PROGRESSIVE, Safeco, StillWater, Travelers, USLI, ZURICH and more. This gives us the ability to provide all forms of nationwide coverage and bonds at competitively lowest quotes. Visit us on our online insurance website or email us at Prime [at] primeins [dot] com or call us at 732-886-5751 and HAVE A PRIME DAY™!
Summary: Windmills and wind farms or power plants have been a hot topic lately. Now Prime Insurance offers a glimpse at the related insurance coverage options for those in the industry.