Renewable Energy Systems Insurance
Key characteristics
- Period: 1 – 6 years
- Maximum 150.000 LEI (VAT included)
- AFFINITY product type
Renewable Energy Systems Insurance for Legal Entities
You can take out the insurance for a period between 1 and 6 years for new or already installed renewable energy systems (with a maximum age of 2 years). The insurance is available at a very good price and does not require a PAD policy or Optional Home Insurance.
Legal entities can take out insurance for systems whose value with VAT does not exceed 150,000 lei.

Insurance coverage applies to the following objects.
- Photovoltaic system on grid, off grid and hybrid consisting of panels, Inverter and Smart Meter, Clamping structure, cables, connectors and mounting accessories, batteries, etc.
- Solar system.
- Heat pump.
- Electric car charging station but only together with photovoltaic panels.
Risks covered by Renewable Energy Systems Insurance
STANDARD PACKAGE
The cover is “All Risks,” meaning the insurer will pay for any loss or damage to insured equipment that occurs unexpectedly or for any unforeseen reason (except for the exclusions listed below).
To better understand this type of insurance, we invite you to schedule an appointment with a Destine Broker consultant here.
Coverage includes damage caused by without being limited to:
- Natural phenomena (storm, hail, flood, windstorm, earthquake, weight of snow or ice cover, landslides, rock or earth falls, landslides or landslides, avalanches, etc.).
- Burglary or robbery, vandalism (whether or not occasioned by theft).
- Accidental damage to the insured objects.
- Electrical phenomena, produced by electric arcs, induction, short circuit or overvoltage.
- Fire, lightning, explosion, falling aerial or ground objects, etc.
Among the EXCLUSIONS, we list:
- Damage as a result of research, testing or intentional overloading.
- Damage to insured equipment as a result of:
– normal wear and tear due to the operation / functioning of the insured equipment.
– corrosion, decomposition, oxidation, cavitation.
– cleaning, deposits or other sediments. - Claims for damages arising from any defect or damage covered by the manufacturer’s or distributor’s warranty.
You can find the full list of exclusions and their definitions in the Conditions of Insurance.
Territoriality
The insurance covers insured events caused by renewable energy systems installed in Romania.

In addition to the coverages included in the Standard Package, the customer can choose other useful coverages based on the selected insurer, such as:
The following are also indemnified within the limit of 15% of the insured amount of the insured equipment:
- Expenditure to prevent an imminent insured event.
- Expenses in connection with limiting the effects of an insured event.
- The cost of dismantling and/or relocating the insured equipment.
- Expenses in connection with the clean-up (removal of debris) of the place where the damage occurred.
Up to RON 10,000 is compensated for damage to other goods and property of the Insured during the installation of renewable energy systems.
The insurance compensates up to 10,000 RON for damages caused to the insured equipment during installation, maintenance, or overhaul of the systems.
The insurance compensates up to RON 10,000 for damage to other goods and property of the Insured caused by the insured equipment in the event of an Insured Event.
Insured event
The policy compensates damages up to 20,000 RON caused to the roof, on which the insured equipment is permanently mounted, if the damage to the roof results from the same Insured Event that caused the damage to the equipment.
Compensation
The policy compensates up to 20,000 RON for damages to the roof, on which the insured equipment is permanently mounted, if the damage to the roof results from the same Insured Event that caused the damage to the equipment.
Up to RON 20,000 is covered for the cost of repairing the roof if the damage was caused by burglary or theft of permanently mounted equipment.
The policy covers up to 20,000 RON for the costs of repairing damaged property owned by the Insured, if the damage results from falling panels that are part of the photovoltaic/solar installation and are caused by an Insured Event.
The policy also covers up to 50,000 RON for the civil liability of the Insured for property damage caused unintentionally by the insured equipment to third parties and their property, for Property Damage and/or Bodily Injury.