Understanding Business Interruption Insurance for Solar Installations

Written by admin

July 11, 2024

With the cost of investing in solar for your business, protecting that investment is crucial. While most people are familiar with the basic warranties that come with solar panels, fewer are aware of the importance of business interruption insurance. This type of insurance is designed to cover losses that occur if your solar energy system is damaged or becomes inoperative, ensuring that your investment continues to generate returns even in the face of unforeseen events.

What is Business Interruption Insurance?

Business interruption insurance provides coverage for loss of income that a business suffers after a disaster. This type of insurance can be particularly valuable for solar panel owners, as it ensures that the financial benefits of their solar installation continue even if the system is temporarily out of service due to damage.

Why is Business Interruption Insurance Important?

  1. Protection Against Financial Losses: Solar panels represent a significant financial investment, and their ability to generate electricity—and thus savings on energy bills—is crucial for many commercial installations. If a solar panel system is damaged and cannot operate, the owner loses not only the cost of repairs but also the expected savings and potential revenue from energy generation. While your product warranty will cover the repairs, business interruption insurance covers these losses, ensuring that the investment remains financially viable.
  2. Coverage for a Range of Risks: Solar panels are exposed to various risks, including natural events (storms, hail, lightning), accidental damage, vandalism, and more. Business interruption insurance covers these risks, providing peace of mind that no matter what happens, the financial impact will be mitigated.
  3. Extended Coverage Period: This insurance typically covers a period of up to 12 months, allowing ample time for repairs and ensuring that the business continues to receive income from its solar investment during the downtime.

WINAICO’s Comprehensive Insurance Policy

At WINAICO, we understand the importance of protecting your investment. That’s why our solar modules come with a unique 3-in-1 system insurance policy that offers comprehensive coverage for all unforeseen losses. This policy includes:

  • Protection Against Damage and Destruction: Covering risks such as fire, lightning, storms, hail, electrical short-circuits, and even animal damage.
  • Protection Against Loss of Yield: If the solar panel’s performance is reduced due to unforeseen events, the insurance covers the loss of expected energy production.
  • Protection Against Interruption of Service: If the technical operability of the photovoltaic plant is interrupted or impaired, the policy covers the loss of income from grid supply fees for up to 12 months.

The Benefits of WINAICO’s Insurance Policy

  1. No Additional Cost: This comprehensive insurance policy is included at no additional cost with all WINAICO modules.
  2. Extendable Coverage: The initial coverage period of two years can be extended up to five years for a small additional cost.
  3. Local Support: WINAICO provides local support for the lifetime of your investment, ensuring that help is always close at hand.
  4. Reliable Backing: The policy is held directly with Willis Towers Watson, one of the largest insurers in the world, ensuring reliable and prompt claims handling.


Business interruption insurance is an essential component of a comprehensive risk management strategy for solar panel owners. It ensures that your investment continues to deliver financial returns even in the face of unforeseen disruptions. With WINAICO’s 3-in-1 system insurance policy, you can rest assured that your solar installation is protected against a wide range of risks, providing peace of mind and financial stability.

For more details on how WINAICO’s insurance policy can protect your solar investment, read more here.

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