What is Solar Contractors’ General Liability?

Solar contractors’ general liability insurance offers financial protection against common business claims. It is the go-to coverage business owners turn to when issues arise at their job sites or premises.

Why do I need it?

Business Protection – With liability coverage for solar installers, business owners are protected from lawsuits that may result from the following situations:

• Liability Arising from Business Operations
• Liability Assumed Under a Contract
• Liability Arising from Business Products
• Liability Arising from Business Employees

Company Compliance – Most project owners and state licensing units require evidence of solar energy contractors’ liability insurance before starting a project.

Marketing Benefits – By offering commercial liability insurance for solar contractors, you showcase your unwavering dedication to conducting business ethically and responsibly. This insurance coverage provides a sense of security for all stakeholders, building trust with potential clients who prioritize comprehensive protection. Moreover, it serves as a proactive measure that fortifies your professional reputation and enhances your ability to secure bids successfully.

Property Landlords – In line with common industry practices, commercial property managers typically mandate applicants to provide adequate renewable energy contractors’ liability insurance before finalizing a lease agreement.

What does it Cover?

Liability insurance for solar power installers is a protection product that covers legal defense expenses and damages, up to the policy limits, in third-party lawsuits alleging injury or property damage caused by your business.

This indispensable coverage serves as a safeguard against unexpected costs resulting from incidents, including:

• Bodily Injury
• Property Damage
• Products/Completed Operations
• Personal/Advertising Injury

What is a Certificate of Insurance?

A certificate of insurance (COI) is an official document that serves as proof of the existence, coverage, and limits of a business liability policy for renewable energy contractors.

What is an Additional Insured?

Within the standard general liability policy for solar contractors, an additional insured is an individual or entity separate from the policyholder that receives coverage under the same insurance policy. This rider is frequently requested to secure comprehensive protection.

How much is it?

When pricing a quote for general liability insurance for solar installers, several factors come into play, such as the scope of work, claims history, location, and previous coverage specifics.

Our dedicated team will thoroughly analyze your business needs and financial objectives to identify the most affordable coverage solutions that precisely cater to your unique requirements.

What are my Payment Options?

We value the significance of flexibility, which is why we offer various payment options for purchasing your solar contractors’ liability policy, allowing you to select the best payment method for your preferences and needs.

Full Payment Option – Pay the premium with one payment.
Direct Bill Option – Pay the monthly premium to the carrier directly.
Financing Option – Pay the monthly premium through a finance company.

Why Select Fairbanks Over Other Insurance Providers?

As insurance specialists catering to contractors, we possess a distinct advantage in offering budget-friendly liability coverage for solar installation companies. Our primary objective is to create customized coverage solutions aligned with your needs and financial circumstances.