Commercial Property Vs. Renewable Energy Insurance: Which Is Better?

of policy.

Commercial Property Insurance

Commercial property insurance is covers any property that you rent, lease, or own. It covers the structures themselves, as well as the interior contents, signage, and even electronic data and accounting records.

This kind of coverage should be carried by anyone who owns commercial property or rents it out. It can provide a safety net in the event of damage by storms, fire, or accidents. Any company with a property exposure, from retailers to manufacturers, should carry this type of insurance.

Renewable Energy Insurance

If you have a company that operates within the energy sector, such as:

Wind power generators;
Solar power generators;
Biodiesel producers; and
Ethanol producers

Then a renewable energy insurance policy will address the unique issues you face within the industry and will fill in the gaps left by commercial property coverage.  In reality, renewable energy insurance simply extends the coverage offered by a commercial insurance program to incorporate additional coverage for the exposures unique to the renewable energy industry.

Renewable energy coverage provides a range of benefits for small businesses, including:

Property damage due to fire, lightning strikes, high winds and