Does Commercial Insurance Cover Damage to Solar Panels? A Comprehensive Guide

commercial insurance and solar panel coverage

With the growing popularity of solar energy, more and more businesses are making the switch to solar panels. This eco-friendly and cost-effective energy source offers numerous benefits, including reduced energy bills and a smaller carbon footprint. However, like any investment, solar panels are not without their risks. One of the most important considerations for any business owner with commercial solar PV panels is their insurance coverage. In this guide, we will explore the crucial question: does commercial insurance cover damage to solar panels? We’ll delve into the complexities of insurance…

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Businesses turn to tax insurance to cover themselves from unfavorable rulings

Tax insurance - Business People

Underwriters and brokers are seeing their busiest year ever from companies buying these policies. Governments worldwide have been cracking down on companies that have been avoiding their taxes, and businesses are now buying tax insurance more than ever before in order to protect themselves against a costly dispute or unfavorable ruling. This year has proven to be a record-breaking year for the number of policies purchased for this reason. According to brokers and underwriters, by the close of December, this year will have seen the most tax insurance policies. This…

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Is Refrigeration Equipment Covered by Business Insurance?

small business owner insurance

Business insurance is meant to protect you and your business from financial losses in case of an unexpected event. Covered events typically include anything from a customer falling while on your business premises to theft or damage of your business equipment.  Business insurance also protects you against things like professional mistakes, legal fees, and when the business faces a compensation claim. As such, it’s important for all businesses, including sole traders, self-employed people, and limited liability companies.  What does business insurance cover? Different forms of business insurance cover different kinds…

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What Types of Insurance Do Storage Companies Need?

what insurance does storage companies want

Storage companies provide a valuable service to individuals and businesses alike, offering a safe and secure place to store belongings. However, like any business, storage companies are exposed to a variety of risks. From fires and floods to theft and vandalism, there are many things that can go wrong and damage the property stored in their facilities. That’s why it’s important for storage companies to have the right insurance in place. Insurance can help storage companies avoid losing money if something bad happens. By having the right insurance coverage, storage…

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Understanding the Type of Insurance a Surveyor Needs

Property inspector insurance

In the varied landscape of the insurance industry, surveyors are unique professionals who are regularly exposed to a range of risk factors due to the nature of their job. A surveyor such as Techsol can be likened to a diligent detective, meticulously examining properties, lands, and buildings to ascertain their condition, boundaries, and value. The process often involves navigating physically challenging environments, undertaking complex measurements, dealing with sensitive information, and making critical judgements. These activities inherently carry the potential for errors, omissions, physical harm, and even legal issues, which underpin…

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