Insurance policies with environmental features

Renewable energies and relevant technologies have steadily gained in importance during the past years - not only in the eyes of consumers, but for companies as well. Corporate customers in Germany can purchase our combined property and business interruption insurance providing extensive cover for photovoltaic systems. Our homeowners’ insurance covers claims under the insured perils – for example fire or storm – to photovoltaic, solar and heat-pump systems used for private purposes.

The photovoltaics market is an area of particular focus for us. ERGO is one of the few insurers to offer an innovative form of extended cover for reduced yields, which covers losses incurred when the energy produced by the system in a year falls short of expectations due to causes such as low levels of solar radiation or faults with components in the system.

European environmental legislation increasingly requires polluters of flora and fauna, bodies of water or soil to take responsibility for their actions. In case of damage, high reconstruction costs could pose an existential threat for customer’s business. In Germany, ERGO helps customers meet this risk by offering liability cover for environmental damage. Since 2009, cover for environmental damage has become a fixed part of our corporate liability insurance policies.