Why is a downhole heat exchanger insurance important?
Geothermal probes are the most common method of using geothermal heat in Switzerland. The probes extract geothermal energy from the soil and conduct it via a heat pump to a heating system. Accordingly, the energy and maintenance costs are low, so that the initial investment pays off in the medium term. Protection is therefore essential as a claim and any possible follow-up costs can be expensive and endanger rapid amortization.
Downhole heat exchanger insurance covers the probe itself as well as follow-up costs arising from the earthworks. These include work on the building, the excavation of pipes and the restoration of gardens and access paths. The costs of replacing a probe can quickly add up to a mid-range five-figure amount. Helvetia also ensures that you receive a replacement heater quickly if temperatures are low, as replacing a probe takes some time.
A brief guide to downhole heat exchanger insurance
What is insured?
Where can the insurance be taken out?
When does insurance cover begin?
In what situations does the insurance pay out?
For whom is this insurance suitable?
