The process of purchasing solar panel installer insurance is relatively straightforward. Here’s a closer look at how to get this type of business insurance:
Pick an insurance company: There are dozens of commercial insurance providers on the market. Spend some time researching insurance carriers and choose a few that offer what you need, whether it’s great customer service or a specific type of coverage.
Choose your policies: Next, think about the insurance policies that will benefit your business. Keep in mind that every insurance company has different coverage needs.
Set your coverage limits: When you purchase solar panel installer insurance, you get to choose your coverage limit for every policy. Consider the amount of risk your business faces to set an appropriate coverage limit.
Pick a deductible: Some types of insurance, like commercial auto, have a deductible that you must pay in the event of a claim. Choose a deductible that you could afford to pay out-of-pocket after a loss. The higher your deductible is, the lower your premium is.
Get multiple quotes: Take advantage of free online quote generators to get several rate quotes from different insurance companies. Then, compare the quotes to see which carrier offers the lowest rate for the type and amount of coverage you want.
Talk to an agent: Many insurance companies let you purchase coverage online without ever talking to a real person. However, it’s a smart idea to speak with an agent before you purchase your policy. An agent can answer your questions, help you choose the right coverage limits, and explain what your policy does and does not cover.