Renewable Energy: Insurance for Ma­chines and Sys­tems

Zurich insures grid-connected photovoltaic systems and solar thermal installations along with their respective components. You are protected against financial loss caused by damage, loss of income or additional costs.

• Covers losses with external (e.g. wind and storm, animal gnawing) and internal causes (e.g. material and construction defects), as well as losses due to short-circuits, human error and data loss
• Insurance covers the new replacement value for modules and collectors during the first ten years of operation
• Zurich covers any loss of income from photovoltaic systems (loss of feed-in remuneration when equipment fails) and the additional costs of solar thermal installations (for the provisional supply of heat)
• Contingency coverage for new purchases, new locations and enhancements up to 20% of the sum insured, up to a maximum of CHF 20,000
  
• Supplementary insurance modules: 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 modules or collectors
  
  

By the way:
Zurich Solar Installation Insurance also pays compensation if you incur a loss on feed-in remuneration due to fire or hail damage (fire/natural hazards) even if you already have insurance for such damages through another insurance policy that does not cover loss of income.

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.