A solar power plant is a large investment expected to generate for many years. During installation, erection errors and transit damage, and during operation, hail, storm, fire, panel and cable theft or inverter failure can stop production and directly affect your payback plan.
Solar power plant insurance combines engineering, fire, natural perils, loss of income and liability covers for these risks, from erection through operation. For ground-mounted plants and systems on factory, warehouse or residential roofs, we set the cover structure according to the site and compare insurers' offers.
What is covered?
- Erection all risks cover during installation
- Machinery breakdown and electronic equipment failure during operation (panels, inverters, transformers and similar equipment)
- Fire, lightning and explosion
- Natural perils such as hail, storm, flood, snow load and earthquake
- Theft of panels, cables and equipment
- Loss of income (profit) when a covered loss stops production
- Third-party liability
Optional add-on covers
- Transit of panels and equipment to the site
- Debris removal costs
- Strike, lockout, riot and terror
- Rooftop systems aligned with your building and business property policies
What you should know
Cover structure, limits and deductibles vary by insurer depending on installed capacity, location, security measures (fencing, cameras, guards) and equipment specifications.
Corpus Sigorta carries out risk engineering work for solar power plants as part of its preventive insurance approach. Recommendations shared after a site survey can help prevent losses and improve cover terms.
For projects financed by loans, the bank may require specific covers and a loss-payee clause; we reflect your finance conditions in the policy correctly.
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Frequently asked questions
Some policies may cover a rooftop system to a limited extent, but covers such as loss of production, electronic failure and theft are often missing. We review your current policy and assess with you whether a separate solar policy is needed.
Before the equipment is shipped to site and installation begins. Once installation is complete, we switch the policy to operational covers.
The information on this page is for general guidance and does not replace policy wording. Scope of cover, limits, deductibles and exclusions are determined by the general and special conditions of the insurer you choose.