Battery storage insurance typically includes five main coverage types, each addressing specific operational risks: Property damage coverage protects the physical equipment including battery modules, inverters, control systems, and housing structures against fire, theft . Battery storage insurance typically includes five main coverage types, each addressing specific operational risks: Property damage coverage protects the physical equipment including battery modules, inverters, control systems, and housing structures against fire, theft . Battery storage insurance, or BESS Insurance how we like to call it, protects energy storage systems against risks including fire, equipment failure, performance degradation, and cyber threats. This specialised coverage addresses the unique challenges of lithium-ion battery installations, from. Our warranty insurance solutions help to secure your sustainable business in the long run. These are all prone to failure and malfunction, particularly over long periods of ten years and more. To draw up a policy that is perfectly suited to your project, we have developed a bespoke audit methodology. Now, as capacity has begun expanding rapidly, the insurance claims are beginning to materialize in both construction and operational policies.