RSA Insurance - Solar Power Insurance
RSA created this package for Ontario-based small and medium enterprises that are taking part in the province’s MicroFIT program.
This package is available only to Solar [SIC 4910J] class.
To be eligible for this package, the entrepreneur must:
- Enter into a contract with Ontario’s MicroFIT program
- Generate solar power
- Operate a maximum of 5 locations or installations
- Incorporate the solar farm as a separate legal entity
We can write the insurance policy as a stand alone package policy for clients who own the building or land to which the panels are installed, provided the operation inside the building is an eligible small- to medium-sized business, or the panels are ground-mounted and adequately separated from operations that are not eligible.
We can also write the insurance policy as an incidental exposure on a package policy to protect an attached business property.
This package includes:
Commercial General Liability
Select limit per occurrence: $1,000,000 to $5,000,000
Equipment Breakdown Insurance
Contact Monarch Insurance Brokers for more information.