Insurance
Rumble Energy provides a unique approach to creating successful, efficient, and value added renewable energy facilities. As an added service to assist our clients in obtaining their objectives, Rumble Energy has partnered with an industry leading insurance company to develop a unique cost effective insurance package that appeases both financial institutions and decrease our client's exposure to have interruptions in business and facility losses.
Your Renewable Energy Insurance Package Includes:
- Builders Risk Insurance and Wrap Up Liability for each project
- All Risk, Replacement Cost Property Insurance up to $100 Million per site
- Broad Form Boiler & Machinery Insurance
- Business Interruption Insurance up to $10 Million
- Full Commercial General Liability up to $10 Million
MicroFIT Solar Panel Power Systems <10kW
Acceptance Criteria:
This facility will apply to the following risks:
|
System Description |
Property Limit |
Business Interruption Limit |
General Liability Limit |
Annual Premium |
|
+2.0 kW Angled/Flat Roof Mounted |
$6,250.00 |
$2,263 |
$2,000,000 |
$450.00 |
|
+3.0 kW Angled/Flat Roof Mounted |
$22,500.00 |
$4,074.00 |
$2,000,000.00 |
$475.00 |
|
+5.0 kW Angled/Flat Roof Mounted |
$31,250.00 |
$4,074.00 |
$2,000,000.00 |
$525.00 |
|
10.0 kW Angled/Flat Roof Mounted |
$67,500.00 |
$12,000.00 |
$2,000,000.00 |
$775.00 |
|
+5.0 kW Static/Tracking Ground Mounted |
$30,000.00 |
$7,332.00 |
$2,000,000.00 |
$525.00 |
|
10.0 kW Static/Tracking Ground Mounted |
$60,000.00 |
$14,665.00 |
$2,000,000.00 |
$775.00 |
NOTE: Other risks can be agreed by the Insurer on a risk by risk basis.
* $1,000 deductible to apply each and every loss in respect of both property and CGL.
** Subject to applicable taxes.
The above is based on the facility being able to generate $100,000 of premium during the first year. If premium target is not achieved underwriters reserve the right to increase the above noted premiums.
FIT Solar Panel Power Systems >10kW
Rumble Energy Inc. and Jones Brown have partnered up to facilitate insurance policies for Solar Panel Power Systems greater than 10kW systems. Please Click Here to view the application form.