Commercial and industrial-scale solar is heating up to become the fastest-growing segment of the solar market. It needs insurance solutions that keep up the pace.
As businesses seek ways to improve their environmental footprint, commercial + industrial (C&I) solar has grown in popularity among the solar-energy ranks. Too small for utility-scale solutions and too big for residential, its emergence has left insureds with extra out-of-pocket expense, either from uncovered losses or excessive premiums. Until now, that is.
NARDAC, a specialist energy and infrastructure MGA, has built the Community Solar digital platform to specifically address the needs of mid-size operational solar PV clients, turning around quotes in just minutes.
Why NARDAC Community Solar?
- Faster turnaround times. Generate accurate operational solar quotes in minutes, not days, with automated data collection and risk-assessment tools.
- Enhanced accuracy and consistency. Eliminate manual data-entry errors and ensure consistent quotes across all projects.
- Broader market reach. Access leading syndicates via the platform's network.
- Streamlined process. Track applications and bind policies electronically, eliminating the need for lengthy paperwork and manual processing.
Coverage highlights
- 100% coverage for property damage and business interruption
- Minimum 25% TIV of NAT CAT cover
- Full limit NAT CAT for locations under $2M TIV
- Portfolios up to 30 locations
- BESS coverage
Target clients
- Operational commercial and solar PV
- Insured values between $100K - $20M per location
- Roof + ground mount
- Across mainland USA