1. Presented by Lorin S. Montgomery, CPCU Vice President, Corporate Insurance Advisors Fort Lauderdale, FL Go Solar Fest June 6 th 2014 Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

2. What are your exposures and how do you manage them? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

3. For the homeowner:  Property-fire, hurricane, theft  Liability-damage to others or their property  Choosing a contractor Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

4. How do you choose the right contractor? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

5. Ask lots of questions Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

6.  Experience? How long? How many?  References?  Do they use subcontractors?  Insurance-make sure they provide a certificate of insurance naming you as an additional insured Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

7. For the contractor:  Property-installation floater  Liability  Auto  Workers’ comp Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

8. When using a sub:  Require a certificate of insurance naming you as an additional insured  Require that the sub carry limits at least equal to yours Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

9. Certificates should include:  Workers’ Compensation  Liability  Auto  Name you as additional insured (Yes, I said it again) Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

10. Certificates of Insurance: What to look for:  Don’t just file the certificate, actually review it  AM Best rating of “A” or better  Beware of subcontractors’ insurance expiration dates Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

11. Did you know that business insurance is negotiable? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

12. How do you get the best result? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

13. How do you choose the right agent? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

14. Ask lots of questions Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

15.  What are their areas of expertise?  What clients make up their book of business?  Do they have success stories to tell about how they have helped their clients save money? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned

16.  Can they provide references?  Which insurance carriers are they contracted with?  How aggressively will they work for you when negotiating price and coverage with the insurance company? Insuring Your Solar Exposures © Don’t Get Burned Insuring Your Solar Exposures © Don’t Get Burned