Public Liability Insurance for Solar Panel Installation

[ARPower]

I was wondering if anyone has any recommendations for any brokers or insurance companies where they have a good deal? Some of the quotes I am getting are crazy!!

 

[infinity]

What price is "Crazy"?

 

[powervan]

best one ive had was £650 but at mo as my existing policy has no height restrictions im keeping stumm ! but if i said ive dropped something off scaffold while fitting solarpv bet they would say ON UR BIKE!!!!

 

[Pwee]

Napit insurance is £600. Based on 10 installs a year. 3rd party and employers liability etc.

It's good insurance, but it costs a lot.

 

[supasparxs]

Erm, please forgive my ignorance but how can you predict how many sales your going to make on a new (or newish) venture.
What happens if you have more or less installs?
Do they give you a refund if you don't haven enough installs?
Do they tell you how much extra per install if you make more sales?

Just a few obvious questions

Richard

 

[infinity]

MInes £780 year. Ltd company, at height employee liability etc! so they are all reasonable figures!

 

[powervan]

listen i rec u will be lucky to do 10 instals next yr! that would class as a RESULT i rec!! the important part of insurance is INDEMNITY !! just incase the roof drops cause of weight of INSTAL!! that sort of thing!

 

[Pwee]

Erm, please forgive my ignorance but how can you predict how many sales your going to make on a new (or newish) venture.
What happens if you have more or less installs?
Do they give you a refund if you don't haven enough installs?
Do they tell you how much extra per install if you make more sales?





Just a few obvious questions

Richard

Just some obvious answers..

It's just a guide so the underwriters can judge the risk. If you go over/under slightly it's no problem, it's always best to keep them informed though. I suppose it's a bit like car insurance asking how many miles you drive?

 

[Pwee]

listen i rec u will be lucky to do 10 instals next yr! that would class as a RESULT i rec!! the important part of insurance is INDEMNITY !! just incase the roof drops cause of weight of INSTAL!! that sort of thing!

ATM if I do 10 next year, I will be a happy bunny. I think it will sort itself out after March time in my opinion.

 

[grandfortune]

mines £189 for Electrical and 30% PV

 

[infinity]

You cant possibly have imdemnity in for that price!!

 

[Pwee]

mines £189 for Electrical and 30% PV

good price, who's it with?

 

[Pwee]

You cant possibly have imdemnity in for that price!!

oh yeah, the napit one has all the required indemnity that napit require.

I bumped into them at the installer live show at the NEC, i was with Trade Direct, they said that their insurance had more holes in it than a sieve.

But I guess, they would say that.

 

[malcoa]

Around £680 with NAPIT, pub liability £2M, prof indemnity £150K and employers liability as a ltd co. by far the best price i could get

 

[Pwee]

Around £680 with NAPIT, pub liability £2M, prof indemnity £150K and employers liability as a ltd co. by far the best price i could get

did they ask you how many you would expect to do in a 12 month period?

 

[infinity]

Napit are pretty much unbeatable when you get into emploers liability, i was quoted over £2k by some!

Mine has 500k indemnity £10M employer, £2M liability, they also tore niceic insurance apart once i sent them my quote from them. Which they then matched anyway.

 

[grandfortune]

You cant possibly have imdemnity in for that price!!

Professional Indemnity Section

Cover	Limited – max, 10% of annual time/turnover
Limit of Indemnity	£75,000
Excess	£1,000

 

[powervan]

i will show u mine if u show me yours lol listen anything around £500 is GOOD!!!!

 

[ARPower]

Didn't realise Napit provided Insurance, I will def get on to them in the morning, those prices sound very fair. The cheapest I've had at mo is £925 after which it shoots up to £2k which is just extortionate!!

 

[powervan]

thats rip offfffffffffffffffffffffffff!! try niceic or napit!! think i had one from northan alliance 650!! im in office tomoz if u want to no pm me!!!