Introduction to Solar Voltaic Equipment Breakdown Risks
Homeowners and businesses are continuing to invest in renewable energy installations due to government incentives.
The solar panel boom in the early 2000s was stimulated by Ontario’s Feed-In-Tariff program. Early adopters have begun to see equipment reach the end of its lifespan, and customers are experiencing a rise in breakdowns and losses. Many homeowners and businesses are left uncertain about their coverage, highlighting a need for informed guidance from insurance brokers. This training module is designed to equip you with the knowledge necessary to advise your clients on the risks associated with solar panel installations, and recommend coverages to fill gaps.
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