Severe Convective Storm for Solar Projects

Excess of Loss (XOL) coverage for solar projects impacted by severe convective storms.

Mitigating risk where the skies get rough

As the frequency and severity of natural catastrophes continue to climb, the renewable energy sector faces growing exposure to severe convective storms (SCS), specifically affecting utility-scale solar projects that generate power at a commercial level and feed it directly into the grid. Hail, wind and other storm-related perils can cause major damage and prolonged downtime. 

NARDAC, a specialist energy and infrastructure MGA, brings clarity to the chaos and helps you weather the storm.

We offer dedicated Excess of Loss (XOL) insurance coverage designed to provide robust protection for operational and construction-phase solar projects impacted by severe convective storm and other named natural-catastrophe perils.

Why It Matters

Solar sites are particularly vulnerable to severe convective storms. And when damage hits, rebuilding takes time. Outages and delays can stretch well beyond a year. Our severe convective storm insurance program includes Business Interruption (BI) and Delay in Start-Up (DSU) coverage, helping insureds manage long-tail financial impact with confidence.

Program Highlights

  • Excess of loss coverage. Tailored protection for named NAT CAT perils, including hail and wind
  • Robust financial protection. Includes both business interruption and delay in start-up
  • Scalable to your risk profile. Open to all attachment points excess of $10M
  • Project flexibility. Designed for both single-site and portfolio solar projects
  • Trusted security. Backed by AM Best “A”-rated, non-admitted London and Lloyd’s markets

Target clients

  • Utility-scale renewable energy projects in the contiguous United States.
  • Open to both portfolios and single sites.

Insurance program key details 

Availability

  • Open to projects in all 50 states

Limits

  • Up to $20M of CAT limit per placement.

Carrier

  • AM Best “A” rated
  • Non-admitted 

Submission requirements 

  • Schedule of values
  • Site locations
  • Definitions of covered perils

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