Insurance is a risk management solution that property owners use to address risks and events outside their control. Insurance is a contract where an insurer receives premium payments in exchange for providing coverage of the insured in the event of a covered loss. This solution, which transfers financial risks to a third party, can be applied to various aspects of solar projects. The discussion on solar insurance focuses on the following areas:

• insurance related to solar equipment; • insurance for solar project revenue; • insurance related to the underlying building.