Assurant Launches Insurance For Small-Scale Solar

Law360, New York (May 1, 2012, 2:07 PM EDT) -- Specialty insurer Assurance Inc. on Tuesday launched a new solar insurance product aimed at smaller rooftop projects, the latest effort to help developers tackle stubborn risk that makes nonutility-scale power hard to finance.

The new product is aimed at the fast-growing market for projects between 100 kilowatts and 3 megawatts, Assurant said. It bundles warranty insurance for several products that may be included in a single installation — panels, batteries, fuse boxes, meters — along with property and liability insurance, offering a lower price and a...
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