Security from risk for systems that use ambient heat. Zurich’s comprehensive insurance also covers geothermal heat exchangers or heat pumps including any corresponding systems.
- Covers losses with external (e.g. wind and storm, damage caused by animals, geological changes) and internal causes (e.g. material and construction defects); short-circuits; human error; data loss
- Covers the new replacement value for geothermal heat exchangers in the first 20 years of operation
- Additional costs for replacement systems
- Contingency cover for new purchases, new locations and enhancements up to 20% of the sum insured, up to a maximum of CHF 20,000
- Supplementary insurance policy: fire and natural hazards (where not mandated in buildings insurance); theft; four years’ new replacement value coverage optional for all other components that are not geothermal heat exchangers
By the way:
The items insured must have been constructed according to sound engineering and building practices. Drilling companies, for example, must at least possess the FWS quality seal for geothermal probe drilling companies. Planning, installation, testing and acceptance of geothermal heat exchangers must be carried out at minimum in compliance with SIA 384/6.