E 3120 Insurance - Extended Warranty

[MattR]

For 18 months or so we've insured our turbine with CNC Asset Management - the basic "Operational All Risks" policy, but when I asked for a quote they also quoted for an extended warranty cover - see attached photo. At the time I didn't take it out, but having heard some stories of repair bills people have had recently, I'm wondering whether it would be a good investment. Has anyone on here got this cover and more to the point, ever made a claim? What are people's thoughts? Cheers.

 

[kill]

I expect very little is actually covered and if any claims are to be made I would expect there would be virtually no chance of a renewal next time around. I may be wrong tho but would strongly advise reading all clause's very thoroughly

 

[DC21]

Yes read the small print. The CNC policy has evolved over time.

We have run a couple of claims succesfully with CNC, for example generator failure.

However, last I checked CNC had closed their book on the warranty package.

 

[Keep going]

Sorry to high jack but could anyone please suggest an insurer for an Endurance X29 wind turbine ? A friend has one and he has had no claims in the last 4/5? Years but his current insurer won’t be renewing the policy. The turbine has a service and maintenance agreement in place.

 

[MattR]

Sorry to high jack but could anyone please suggest an insurer for an Endurance X29 wind turbine ? A friend has one and he has had no claims in the last 4/5? Years but his current insurer won’t be renewing the policy. The turbine has a service and maintenance agreement in place.

I moved to CNC Asset Management following advice on here around 18 months ago. The premium was I thought fairly reasonable (similar to what we were paying our farm insurers before they stopped covering turbines). But no experience of making a claim.

 

[MattR]

I expect very little is actually covered and if any claims are to be made I would expect there would be virtually no chance of a renewal next time around. I may be wrong tho but would strongly advise reading all clause's very thoroughly

Yes read the small print. The CNC policy has evolved over time.

We have run a couple of claims succesfully with CNC, for example generator failure.

However, last I checked CNC had closed their book on the warranty package.

Sorry for the delayed reply; this is what their website says: