Power Generation & Utilities Business Insurance
Power Generation & Utilities Businesses Face Significant Risks
Power generation and utility businesses operate in a high-risk environment with unique challenges. From generating electricity to managing electric cooperatives, these businesses require specialized insurance coverage to protect against various risks.
Baldon Insurance Group offers a wide selection of insurance options tailored to meet the specific needs of power generation and utility businesses, ensuring they continue to operate smoothly even in the face of unexpected challenges.
Industries We Cover
We specialize in providing coverage for the following power generation and utility industries:
- Gas and coal-fired power facilities
- Wind energy facilities
- Hydroelectric facilities
- Solar facilities
- Electric utilities
- Electric producers
- Independent power producers
- Independently owned utilities
- Electrical cooperatives
- Biomass
- Biofuels
- Geothermal
- Fuel cell technologies
Recommended Coverage for Power Generation and Utilities Businesses
General Liability
Our General Liability Choice® insurance helps protect power generation businesses from claims of bodily injury and property damage, as well as personal and advertising injury. Key features include:
- Personal and advertising injury coverage, including libel, slander, defamation, and product disparagement
- Broad named insured coverage, including contractual liability, manufacturer’s errors and omissions, and product recall expense coverage
- Time element pollution extension endorsements
- Blanket additional insured coverage
- Primary non-contributory coverage when required by contract
- Per project/per location aggregate
- Failure to supply coverages for power and utilities exposures
Commercial Auto
Power generation businesses rely heavily on commercial vehicles. Our commercial auto insurance can offer:
- Hired auto physical damage coverage
- Coverage for employees as additional insureds when using their own autos for company business
- Upset and overturn coverage for cleanup expenses related to spills
Workers’ Compensation
Employees in power generation companies face high-level risks daily. Our workers’ compensation insurance helps provide coverage for unanticipated exposures and accidents, including:
- Broad form endorsements for unknown and unanticipated exposures
- Employers’ liability stopgap for monopolistic states and voluntary compensation
- Options for increased limits and foreign voluntary compensation
Commercial Umbrella
Our commercial umbrella insurance provides an additional layer of protection in the event that a claim exceeds the primary liability coverage limit.
Additional Solutions for Power Generation and Utilities Businesses
Additional coverage solutions can include:
- Marine
- Multinational Coverage
