What Kind of Insurance Do I Need for a Solar Panel Business?
- Nate Jones, CPCU, ARM, CLCS, AU
- Oct 21
- 2 min read
Updated: Oct 22
Starting or growing a solar panel business comes with exciting opportunities—and unique risks. Whether you're installing rooftop panels, maintaining solar farms, or designing energy systems, having the right insurance coverage is essential to protect your business, your team, and your clients.
At Wexford Insurance, we specialize in helping solar contractors and renewable energy professionals find tailored solar contractor insurance. This guide breaks down the essential types of insurance your solar business may need to operate safely and confidently.
General liability insurance protects your solar panel business from third-party claims of bodily injury, property damage, and personal injury. It’s a foundational policy for any contractor.
Example: If a solar panel installation damages a client’s roof, general liability covers the repair costs and legal fees.
Solar panel installation often involves working at heights and handling electrical systems. Workers’ compensation insurance covers medical expenses and lost wages if an employee is injured on the job.
Example: An installer falls from a roof—workers’ comp pays for treatment and recovery time.
Solar panel contractors rely on expensive tools and machinery. Equipment insurance protects against theft, damage, or loss of tools like inverters, drills, and testing equipment.
Example: If your tools are stolen from a job site, equipment insurance reimburses you for replacements.
Also known as errors and omissions insurance, this coverage protects against claims related to design flaws, system inefficiencies, or installation mistakes.
Example: A client sues over a poorly designed solar system that underperforms—professional liability helps cover legal costs.
If your solar panel business uses vehicles to transport equipment or staff, commercial auto insurance is essential. It covers liability and physical damage for company-owned vehicles.
Umbrella insurance provides extra liability protection beyond your standard policies. It’s especially useful for high-value contracts or large-scale solar projects.
Example: If a claim exceeds your general liability limit, umbrella insurance covers the remaining costs.
Additional Coverage Options
Depending on your business model, you may also consider:
Builders Risk Insurance – Covers structures under construction
Cyber Liability Insurance – For businesses using remote monitoring or storing client data
Performance Insurance – Guarantees energy output levels for solar systems
Why Work With Wexford Insurance?
At Wexford Insurance, we understand the solar industry’s unique risks. We work with top carriers to help you find comprehensive, affordable coverage tailored to your solar installation, service, or maintenance business.
Whether you're just starting out or scaling up, we’ll help you:
Meet licensing and contract requirements
Protect your team and equipment
Safeguard your reputation and financial future
Final Thoughts
Insurance isn’t just a box to check—it’s a strategic tool to protect your solar business from costly setbacks. From general liability to umbrella coverage, the right policies ensure you can focus on growing your business with confidence.
Ready to protect your solar business?
Contact Wexford Insurance today to explore your options for specialized solar contractor insurance.
