San Francisco-based Crump Insurance Services' Tri-City Brokerage, part of insurance wholesaler Crump Group, has introduced a new insurance solution for wind energy power plants. This capability is being offered through a partnership with PowerGuard. Crump/Tri-City provides multi-line coverage for wind power plant development, construction and operational risks. Coverage offered includes property, general liability, auto, umbrella, workers' compensation, sub-limits for earthquake and flood (outside California), business interruption, errors and omissions, and pollution cleanup. Coverage extends to operations in the U.S. and Canada.
‘Alternative energy sources are crucial at a time when concerns about the cost of energy, the environment and foreign dependence are escalating,’ says John Jennings, president of Crump Insurance Services. ‘Effective risk strategies to protect construction and operational concerns are vital to the growth of this industry. We are pleased to be able to offer this coverage that is tailored specifically to the needs of wind power operations.’
SOURCE: Crump Insurance Services Inc.