Professional Indemnity Insurance for Energy Efficiency / Home Sustainability / Renewable Energy Consultants
An Energy Efficiency Consultant examines the age of the facility, condition, insulation, airflow and any maintenance issues that negatively effect energy efficiency.
Professional indemnity insurance is the requirement of all practicing Energy Efficiency consultants.
Public Liability Insurance for Energy Efficiency / Home Sustainability / Renewable Energy Consultants
If you or any of your employees visit a customers premises your actions could cause an injury to another person. Similarly, if an accident happens whilst a member of the public comes to your place of business and they are injured you could be held liable. Public Liability Insurance protects you in the event that such accidents occur and a claim is subsequently made against you.
Public liability insurance also covers you if damage is caused to third party property while at the customers business. An example would be if an employee broke a valuable item while making a delivery at a customer's home. The claim to replace the item would be covered by public liability insurance.
Why does an Energy Efficiency Consultant need Professional Indemnity Insurance?
The basic essential duties of an Energy Efficiency Consultant include:
- Evaluation of all of major equipment (boilers, lighting, compressors, etc.) and make recommendations to improve efficiency
- Make recommendations on energy rates and help clients find the best energy providers and programs according to their needs
- Depth analysis of utility bills examining peak usage patterns, trends, and un-necessary charges and fees
- Work to identify grants and incentive programs to help with increased energy efficiency and capital equipment upgrades
- Help clients implement energy efficiency programs and management software
The Energy Efficiency Consultant needs to perform all of the above mentioned duties efficiently and effectively. Any errors or negligence may result in a claim or a law suit against them by a client. Professional indemnity insurance will provide an Energy Efficiency Consultant with financial protection in the event a claim occurs.
Key exposures for Energy Efficiency / Home Sustainability / Renewable Energy Consultants:
- Negligence in maintenance of the energy equipment.
- Unsuitable energy recommendation programs for the clients.
- Mishandling and damaging the energy equipment.
- Wrongful advice in relation to the government regulations,
- Incorrect rating and not meet meeting standards resulting in redesign or additional building costs not budgeted for
- Misunderstanding of customer's energy consumption resulting in inadequate/wrongful recommendation in relation to investment cost vs profitable return with various energy options.
- Failure to identify a main area where a customer's energy consumption could have been significantly reduced and resultant financial loss.
Why purchase your Professional Indemnity Insurance through Express Insurance?
With Express Insurance, you can source a PI quote in seconds, and have the option of adding Public Liability Insurance. You can then proceed to buy the insurance and produce your Certificate of Insurance in minutes, or alternatively save the quote back to your email account for buying later.
And we save your details on Renewal of your insurance, making the process of renewing your PI Insurance even easier and quicker.
Throughout your experience with us our team of highly experienced PI specialists are a phone call away !
Please Note: Coverage under the policy will be subject to the particular circumstances relating to a claim and the full terms and conditions of the policy.